President-elect Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, on July 27, 2024.Kevin Wurm | ReutersSolana’s SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.The price of SOL rose 12% to $247.76 on Saturday, according to Coin Metrics. Earlier, it surged nearly 23%. Ether fell more than 6%.The moves began late Friday after the launch of a new meme coin announced on Trump’s social media accounts and issued on the Solana blockchain. “Official Trump” (TRUMP) has attracted more than $5 billion since then to become the largest meme coin…
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Queen Anne is the company’s first new ship in 14 yearsVALENCIA, Calif., Jan. 18, 2025 /PRNewswire/ — Today, Cunard’s highly anticipated new ship, Queen Anne marked her North American debut as she arrived in New York on her maiden call from Southampton, England. Cunard’s first new ship in 14 years spans 14 decks and features 15 dining venues, accommodating up to 3,000 guests. For the first time in Cunard’s 185-year history, the line has two female leaders in command. Captain Inger Klein Thorhauge, one of the few female captains in the maritime industry, is at the helm of Queen Anne,…
Oklo Inc. (NYSE:OKLO), a $3.2 billion electric services company whose stock has surged 172% over the past six months, has announced the pending resignation of board director Christopher Wright. According to InvestingPro data, the company’s stock typically moves counter to broader market trends with a beta of -0.5. The departure, disclosed in a recent 8-K filing with the Securities and Exchange Commission, is contingent upon Wright’s confirmation as the United States Secretary of Energy. Wright, who also serves on the company’s Audit Committee and Compensation Committee, communicated his intent to resign on Monday, January 13, 2025. His decision is directly…
T. Rowe Price is launching its new feature “The Angle,” an investment-themed podcast focused on topics shaping financial markets. The new episodes are hosted by Eric Veiel, head of Global Investments and chief investment officer for T. Rowe Price. In the series, Veiel will meet with company CEOs and leaders to share their personal stories, leadership strategies, and lessons they have learned during their careers. The inaugural episode, available now, features H. Lawrence Culp, Jr., chairman and CEO of GE Aerospace. “We are thrilled to bring listeners of “The Angle” closer to some of the most important and influential leaders in business,” said Veiel. “Their…
(Reuters) – Perplexity AI asked TikTok’s Chinese parent company, ByteDance, on Saturday to allow the U.S. search engine startup to merge with TikTok U.S. and create a new entity combining them and New Capital Partners (WA:), CNBC reported. TikTok faces a U.S. ban starting on Sunday if it does not cut ties with ByteDance, although President-elect Donald Trump said on Saturday he would likely give the short-video social-media platform a 90-day reprieve on Monday. The new structure proposed by Perplexity would allow for most of ByteDance’s existing investors to retain their equity stakes and would bring more video to Perplexity,…
Today we’re going to take a look at the well-established Old Dominion Freight Line, Inc. (NASDAQ:ODFL). The company’s stock saw significant share price movement during recent months on the NASDAQGS, rising to highs of US$232 and falling to the lows of US$176. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Old Dominion Freight Line’s current trading price of US$181 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s…
By James Oliphant and Steve Holland WASHINGTON (Reuters) – President-elect Donald Trump is poised to seize greater control of the federal government than any modern president before him when he takes office on Monday, charging ahead with plans to dismantle what he and his allies call the “deep state,” according to two sources familiar with transition discussions. The effort could get underway as early as Trump’s first day as president, according to one of the sources, with an executive order aimed at stripping job protections from an estimated 50,000 career federal employees, allowing their replacement by handpicked loyalist appointees. The…
DUBAI (Reuters) – Iran unveiled an underground naval missile base at an undisclosed Gulf location on Saturday, state TV said, two days before the start of Donald Trump’s second term as president. It was unveiled at a time when tension with Washington is widely expected to rise. Iranian leaders are concerned that Trump might empower Israeli Prime Minister Benjamin Netanyahu to strike Iran’s nuclear sites, while tightening U.S. sanctions on its oil industry through his “maximum pressure” policy. State television showed Revolutionary Guards chief General Hossein Salami visiting the secret base during war games. He said it was one of…
Warren Buffett always wanted to make money. As a child growing up in Omaha, Neb., he traded Coca-Cola and chewing gum with other kids, sold stamps and golf balls to adults, and worked in his dad’s grocery store. But in April 1942, at age 11, he bought his first stocks, purchasing three shares in the utility company Cities Service, and his career in investing had a liftoff, as equities analyst Alex W. Morris explains in “Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Annual Shareholder Meetings” (Harriman House). “Much of what I’ve learned about investing…
Something these inflationary times have clarified is that we could all use a little more money in our bank accounts. It’s a simple fact: Life has become much more expensive.Passive income is a way to generate extra money and overcome a hurdle that’s getting higher and higher without knocking yourself out.”Passive income is money you earn without actively working for it — as opposed to earned income from a job. In general, passive income comes from putting something you own — property, money or expertise — to work. The revenue you collect in rent, dividends or ad sales are all…