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Palantir purchased $50 million in gold bars in August as money accumulates
Alexander Karp, CEO of Palantir Technologies Inc. Getty Images While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement. The move reflects a growing company stashing cash in an…
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Dow falls greater than 400 factors as Tuesday sell-off intensifies
US stock indices fell on Tuesday as retail sales fell in July and worries about a slowdown in global economic growth increased. Still, the losses came Tuesday after the Dow Jones Industrial Average and S&P 500 closed at record highs in the previous session. The Dow fell 420 points, or 1.2%. The S&P 500 lost…
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“We’ll see Al Qaeda 3.0”
Rep. Mike Waltz (R-Fla.) Criticized President Joe Biden’s defense for his decision to withdraw US troops from Afghanistan and warned that during an interview Monday night on CNBC’s “The News with Shepard Smith “will revive. “I think at the end of the day you have two options in Afghanistan: you have a small presence that…
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Biden will give a speech on the Afghanistan collapse Monday afternoon, White Home says
U.S. President Joe Biden discusses his ‘Build Back Better’ agenda and administration efforts to “lower prescription drug prices,” in the East Room at the White House in Washington, U.S., August 12, 2021. Evelyn Hockstein | REUTERS WASHINGTON – President Joe Biden is slated to address the nation from the White House Monday afternoon after the…
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United Airways reroutes planes round Afghanistan, Emirates suspends Kabul flights
United Airlines Boeing 787-9 Dreamliner lands at London Heathrow International Airport in England, UK. Nicolas Economou | NurPhoto | Getty Images United Airlines began diverting its India flights on Sunday to bypass Afghan airspace after Taliban fighters entered the capital, Kabul, sealing a takeover of the country and US officials sought to evacuate their personnel.…
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Taliban enter Afghanistan capital Kabul
Taliban fighters sit over a vehicle on a street in Laghman province on August 15, 2021. AFP | Getty Images WASHINGTON — Taliban fighters began entering the Afghan capital of Kabul on Sunday, the last city to have been thus far spared takeover by the militants amid their rapid sweep of the country in the wake…
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MWVBE funding corporations getting seat on the desk
Cynthia DiBartolo, CEO, Tigress Financial Partners, at the New York Stock Exchange. Source: NYSE Robinhood’s highly anticipated IPO last month was led by Wall Street heavy hitters Goldman Sachs and JPMorgan Chase. But the extensive list of underwriters also included boutique minority-owned firms Ramirez & Co. and Siebert Williams Shank. Of the 17 firms that…
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Almost all of $600 million in crypto returned
The Poly Network logo displayed on a phone screen with a physical representation of some cryptocurrencies. Jakub Porzycki | NurPhoto via Getty Images Nearly all of the $600 million stolen in one of the biggest cryptocurrency heists ever has now been returned by hackers, according to the platform targeted in the hack. Poly Network said…
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Reddit, recent from a $ 10 billion valuation, is planning a powerful worldwide push, says CEO
Reddit will use its new funding to expand its international presence and explore more content types, co-founder and CEO Steve Huffman told CNBC on Friday. “First commandment is to make Reddit great. Make Reddit faster and more relevant, make it work for more people, ”said Huffman of the company’s plans at TechCheck. “And then we…
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Inventory futures inch increased after S&P 500 closes at a document, Disney shares leap
Trader on the floor of the New York Stock Exchange. Source: NYSE Stock futures inched higher on Friday as the S&P 500 seeks to end a winning week on a high note. Futures on the Dow Jones Industrial Average rose 50 points. S&P 500 futures added 0.1% and Nasdaq 100 futures were slightly in the…