Bill Miller doubles down on Amazon after a rough year, while shorting Tesla increasingly
Value investor Bill Miller said he’s doubling down on Amazon after a brutal year and growing his short position on Tesla.
Important inflation data and big bank earnings could create volatility for markets in week ahead
JPMorgan and Bank of America are among the first major companies to report earnings in the week ahead, as investors also watch inflation data.
U.S. announces $3.8 billion security assistance package for Ukraine, European allies
The aid package, the 29th such tranche, brings U.S. commitment to Ukraine’s fight to about $24.9 billion since the beginning of the Biden administration.
European markets clock best week since November as investors digest U.S. jobs report
European markets climbed on Friday as investors digested key euro zone inflation data and December’s U.S. jobs report.
Crypto exchange Huobi to lay off 20% of staff as industry reels from FTX collapse
Justin Sun, a Huobi advisory board member, said the crypto exchange plans to reduce its global headcount by about 20%.
GOP leader McCarthy elected House Speaker on 15th vote in historic run
In a dramatic and contentious four days of voting, House GOP leader Kevin McCarthy cobbled together just enough support to win the speakership on the 15th vote.
China’s NetEase buys gaming studio involved in major titles including Halo Infinite and Minecraft
NetEase has ramped up its international expansion efforts in gaming over the last two years as China’s domestic market has slowed amid tougher regulation.
Taliban leader hits out at Prince Harry for calling his Afghanistan kills ‘chess pieces’ in new tell-all book
Among the many revelations in the memoir is Harry’s disclosure that he killed 25 Taliban fighters while on deployment in Afghanistan with the British Army.
BioNTech says it will start cancer vaccine trials in the UK from September
The company aims to test 10,000 personalized mRNA therapies, including cancer vaccines, between September 2023 to the end of the decade.
