Finance

Jamie Dimon Warns Against 10% Credit Card Interest Rate Cap, Citing Widespread Economic Consequences

JPMorgan CEO highlights potential credit access loss for Americans and broader impacts beyond banking sector

JPMorgan Chase & Co. CEO Jamie Dimon criticized the proposed 10% cap on credit card interest rates as an "economic disaster," warning it would elimina...

Progress Software Bolsters Market Rally with Strong Q4 Earnings; Several Leading Stocks Also Advance

Robust Quarterly Results and Optimistic Guidance Propel Progress Software and Other Major Stocks Higher Amid Broad Market Gains

U.S. equity markets registered notable gains with the Dow Jones Industrial Average climbing approximately 350 points. Progress Software Corp led the u...

Smart Logistics Global Surges Amid Unusually Heavy Trading Volume

Shares of the Hong Kong-based B2B logistics firm soar despite lack of new company news

Shares of Smart Logistics Global Limited (NASDAQ: SLGB) experienced a notable surge in price and trading volume on Wednesday, reaching levels signific...

Dow Climbs 300 Points Amid Mixed Earnings; Netflix Shares Slide Post Q4 Report

Energy stocks lead gains while select tech and beverage firms experience notable share price fluctuations

U.S. equity markets opened higher Wednesday, with the Dow Jones Industrial Average advancing approximately 300 points supported by strong performances...

Renewed IPO Activity in January 2026 Spurs Interest in Specialized ETFs

A surge in new listings prompts investors to explore diversified exchange-traded funds targeting recent IPOs across multiple sectors

In January 2026, the U.S. IPO market is exhibiting a robust resurgence with over 20 companies either having filed or gearing up to go public. This upt...

Prologis Sees Modest Stock Uptick Amid Solid Q4 Fiscal 2025 Results and Strong Leasing Growth

Industrial Real Estate Leader Posts Increased Operating Income and Sets Optimistic Outlook for 2026

Prologis Inc. (NYSE:PLD) advanced on Wednesday following the release of its fourth-quarter fiscal 2025 earnings report. Despite rental revenue slightl...

Bitcoin's Path to Parity with Gold: Analysts Assess Market Dynamics and Risks

Market experts debate the temporary divergence between Bitcoin and gold amid geopolitical tensions and major investor influence

Bitcoin recently reached $88,000 amid geopolitical strains, sparking discussion on its divergence from gold. Analysts view this gap as cyclical, highl...

Avalon GloboCare Secures FDA Registration Renewal for Innovative KetoAir Device

Company Advances Ketogenic Health Monitoring With Breath Acetone Sensor Amid Challenging Market Conditions

Avalon GloboCare has renewed FDA establishment registration for its KetoAir breathalyzer, a handheld device that measures breath acetone levels to aid...

Charles Schwab Reaches $11.9 Trillion in Client Assets as Trading Activity Accelerates

Trading volumes soar 31% with quarterly revenue climbing 19% amid strong client engagement

Charles Schwab Corporation posted solid fiscal fourth-quarter 2025 results highlighted by a surge in client assets to $11.9 trillion and a robust incr...

Halliburton Reports Robust Q4 2025 Financials and Secures Key International Contracts

The energy services firm closes the year with solid cash flow, strategic deals, and positive segment performance

Halliburton Company concluded 2025 with strong fourth-quarter earnings and revenues, surpassing analyst expectations through improved operational perf...

Taiwan Semiconductor's Strategic Expansion in Arizona Faces Timeline Constraints

Ambitious U.S. manufacturing plans progress cautiously amid construction and policy realities

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is actively expanding its manufacturing capabilities in Arizona, with significant investment in...

United Airlines Surpasses Q4 Expectations and Sets 2026 Earnings Forecast

Strong Fourth-Quarter Performance and Capacity Growth Highlighted in Latest Financial Report

United Airlines Holdings reported robust fourth-quarter results exceeding analyst forecasts, with a 6.5% increase in capacity and record passenger num...