To The Moon

SINGAPORE: In a digital era where smartphones and communication devices reign supreme, cash is slowly…

Tesla, Inc. stock remains under pressure due to a worse-than-anticipated production and delivery report.Despite temporary setbacks, Tesla is still the market leader in the EV industry and has long-ter

Stocks are on a steady path higher since the October lows, despite interest rates near a quarter-century high and inflation above target. Investors no longer seem worried about the Federal Reserve keeping interest rates "higher for longer," despite a strong run up in equities and other risky assets since autumn.The major U.S. stock indexes posted their biggest weekly gains in months on Friday, days after Fed Chairman Powell kept three rate cuts on the table for this year, but spelled out a cautious path out of restrictive monetary policy territory.Big equity gauges recently booked record new highs, while the S&P 500 index SPX now sits about 27% above its Oct. 27 low, according to FactSet data."It's been a lot," said Iman Brivanlou, head of income equities at TCW, a Los Angeles-headquartered investment firm, about the rapid rise in stocks.The drop comes despite the potential for higher oil prices, greater commercial real estate RWR fallout than anticipated, a looming default cycle in l

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(Reuters) - The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, its Chair Gary Gensler said, in a watershed for the world's largest

Musk denies drug use claims amid concern from Tesla executives.The entrepreneur said that in three years of random drugs testing "not even trace quantities were found of any drugs or alcohol.”A media previously reported that Elon Musk has used illegal drugs, worrying leaders at Tesla and SpaceX.