Author: Editor-In-Chief

Here we will introduce companies that have become a hot topic in intraday trading. Travel stocks — Airline and cruise line stocks rose on Wednesday’s drop in oil prices. Brent crude oil was last down nearly 4%, and West Texas Intermediate crude oil was down just over 4%. United Airlines stock rose 7% and Delta Air Lines stock rose 4%. Carnival’s stock rose 4%, while Norwegian Cruise Line’s stock rose 5%. Dycom Industries — Shares soared about 30% after the communications infrastructure company raised its full-year outlook. The company expects contract revenue to be in the range of $7.38 billion…

The so-called K-shaped economy is currently associated with a “significant increase in food insecurity,” according to a new blog post from the New York Fed.A large portion of the population faces high levels of financial strain, according to a post published Wednesday based on data from the Consumer Expectations Survey.Within this group, low- and middle-income households have been hardest hit by long-term inflation. The researchers found that a larger proportion of their spending was allocated to items such as housing, food and utilities that have increased in price since the pandemic, and as a result they refrained from buying groceries.…

LG Energy Solution Co.’s battery cells on display at the InterBattery exhibition on Wednesday, March 5, 2025 in Seoul, South Korea. Cho Sung Joon | Bloomberg | Getty ImagesShares of LG Energy Solutions rose as much as 16.56% on Thursday after the company’s U.S. unit won a contract to supply battery cells. DTE energy’s storage project in Michigan. The eight projects will provide 1.5 gigawatts, or 6 gigawatt hours, of battery storage to store electricity when surplus power is generated and distribute it to customers as needed, LG Energy Solutions Vertec, a division of the company, said in a press…

Gemini co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO on the Nasdaq Marketsite on September 12, 2025 in New York City, USA. Gina Moon | ReutersThe U.S. Commodity Futures Trading Commission on Wednesday asked a judge to cancel the agency’s $5 million fine against a cryptocurrency exchange founded by twin brothers who donated to President Donald Trump’s 2024 campaign.The CFTC said the regulator should never have accused Tyler and Cameron Winklevoss’ Gemini Trust Company of making false statements related to its Bitcoin futures business.Gemini settled the CFTC charges in January 2025, during the final weeks of President Joe…

Hong Kong — A Chinese lawyer who poisoned a billionaire gaming mogul who helped create Netflix’s hit sci-fi movie “The Three-Body Problem” has been executed, according to Chinese state media. Xu Yao murdered his boss Lin Qi in 2020 by gifting him what he claimed were probiotic pills, but which actually contained a deadly toxin that he bought from the dark web and mixed in his own lab. Earlier that year, the high-handed lawyer had helped Lin secure the film rights to Liu Cixin’s famous trilogy of science fiction novels, starting with “The Three-Body Problem.” He was executed last Thursday,…

Database provider ClickHouse’s annual revenue run rate exceeded $250 million, triple its business last year, co-founder and president of products and technology Yury Izrailevsky told TechCrunch. Isralewski expects sales to reach high nine digits by the end of the year. ClickHouse was valued at $15 billion in January following a $400 million Series D funding round led by Dragoneer Investment Group. The latest valuation implies a significant multiple of more than 60 times annual earnings. Izrailevsky (pictured left) said the less-than-five-year-old company could go for an IPO within the next few years due to its rapid revenue growth and premium…

Ship in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhossein Khorgoy | Isna | Wana | via ReutersIran believes it will be able to return the Strait of Hormuz to its pre-war status within a month of a peace deal with the United States, but traders at prediction market platform Qarshi are more skeptical. They say there is only a 38% chance that traffic flow through the Straits will return to normal by July 1. The contract defines normal flow as a seven-day rolling average of traffic passing through 60 Channel crossings, based on IMF Portwatch…

Cognition, which developed an autonomous AI software engineer named Devin, has raised more than $1 billion at a pre-money valuation of $25 billion ($26 billion post-money valuation), the company announced Wednesday. That’s a big jump from its $10.2 billion post-money valuation just eight months ago, when it closed a $400 million funding round in September. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from existing investors Elad Gil, Soma Capital, Omri Casspi, Founders Fund, and many others. New investors also participated in this round, including Ribbit Capital, Atreides, and Layer Global. This is a huge…

Ferrari unveiled the Ferrari Luce electric car in May 2026 in the emblematic setting of the Vera di Calatrava in the Città dello Sport in Rome. (Ferrari Spa)ferrari spaIn response to the intense backlash following the revelation, ferrari’s The CEO of rival luxury car maker Lamborghini, which developed the first fully electric car, the Luce, said his company made the right decision to cancel its EV plans.Lamborghini CEO Stefan Winkelmann said on Wednesday that the company’s decision to discontinue versions of its all-electric Lanzador and SUV Urus to focus on plug-in hybrid electric vehicles was the “right path” for the…

CNBC’s Jim Cramer said Wednesday that investors should stop worrying about how much stocks have already gone up and instead focus on how much upside they still have left. “Don’t worry about where the stock price was. Concentrate on where the stock price is going,” the “Mad Money” host said. “That’s becoming my watchword for this exploding market.”His comments come as many of the market’s biggest winners, particularly artificial intelligence and data center stocks, continue to rise after posting strong gains already this year. Cramer said one of the biggest mistakes investors make is assuming a stock is “too expensive”…