market news

Cooa Chaos: Chocolate Prices Skyrocket as Supply Crunch Bites

Just when you thought it was safe to indulge in your chocolate cravings without breaking the bank, cocoa prices have decided to take us all on a wild ride. In a move that could rival the most dramatic reality TV plot twists, cocoa futures for May delivery hit an eye-watering high of $10,080 per metric ton this Tuesday.

5 Stocks That Could Triple in 2024: A Peek into the Crystal Ball

I'm no fortune teller, but I've got a knack for spotting potential winners ...

Massive Layoffs at Microsoft: 1,900 Employees Axed Post $69B Activision Blizzard Deal

Microsoft Gaming CEO Phil Spencer told employees Thursday that the gaming workforce would be reduced by 1,900, or approximately 8% of its gaming division.

Tesla Nearly Exceeds 114-Year-Old Ford's Market Value

Electric automaker is set to release its mass market car this year.

US Congress Delayed Work on Puerto Rico Debt Relief Bill, Blaming Obama Administration

The U.S. Congress has delayed work on Puerto Rico debt bill. Originally, the bill was scheduled to be the subject of hearing on Wednesday before receiving final amendments on Thursday. After that, it will be sent for debate on the House.

Israel Antitrust Authority Opposed Acquisition of Golan Telecom

Cellcom Israel Ltd on Tuesday announced that regulators opposed its merger plan with Golan. However, Antitrust Authority will invite the companies representative to discuss the deal before making final decision.

Energy stocks propels Wall Street profits following oil price rally

Wall Street ended higher on Tuesday trading session as energy stocks rallied helped by increasing crude prices. The US crude prices reached its new height in 2016.

Honda's sales rise in Indian markets, but Hero still ranks No 1

Honda, the Japan-based automaker, widened its sales portfolio to a robust 4,500 touch points from nearly 800 outlets. Honda's market share increased to 26% from 15% at the end of March 2011.

Planning For Output Cap in Oil Production Amid Rising Oil Prices Surprises Analysts

Crude oil prices have been witnessed to drop a little after hitting the four-month high, but still manage a few profits for the Asian oil producers. Amid such market situations, oil producers including Russia and Saudi Arabia have reached a consensus for putting cap on oil production. The output cut decision has surprised the analysts since increased market price naturally boosts up production.

Russia's oil giant Rosneft promises to make investments amid weak oil prices

Rosneft, the Russia-based oil firm, has promised to make investments of roughly EUR 13 billion annually through 2018, which is an increase of 30% for the year 2016.

Bitcoin underrated by more than $200 according to Investment Bank Needham & Co

The report released by Needham & Company, an investment bank and asset management company, showed that bitcoin has been undervalued by more than $200, nearly 58% based on the current price.

Asia-based apps boost online shopping sector

Online shopping is made easy with the advent of smartphones, creating a new era for online sellers. Online marketing sector has gained from many e-commerce apps over the recent period.

Oil prices retreat as Iran refuses to freeze output

Oil prices might have propelled above $40 a barrel level in the past week as Iran was expected to join other producers to freeze its oil output. However, Iran wants to help its ailing economy, regardless of the oversupply.

Alli Webb's Drybar opens new salon marking the growth of female founders in beauty sector

Drybar is set to open its 57th salon in the ritzy Tysons Corner mall of Virginia. Alli Webb, the founder of Drybar, aims to open 70 Drybar salons across the country and one in the region of Vancouver BC within the end of 2016.

Volkswagen Introduced Its New Luxury Sedan, Only for China Market

Volkswagen unveiled Phideon as its new luxury car today, ahead of Geneva International Motor Show. The successor of Phaeton will only be sold in China.

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Latest Stories

Utah: The Entrepreneur's Paradise for Small Business Success

Have you ever thought about packing up your entrepreneurial dreams and heading to Utah? No. Me either! Well, according to a recent WalletHub study, it appears that the Beehive State is buzzing with opportunities for small business owners, particularly in its southern cities.

Cardano's Bull Run: Why 2024 Could Be Its Best Year Yet

Cardano (ADA) is a blockchain platform known for its emphasis on security and sustainability. As we inch closer to 2024, the buzz around Cardano Stocktwits has reached a fever pitch, with enthusiasts and skeptics alike voicing their predictions.

Base Meme Coins: The Whimsical Assets That Turned Enthusiasts into Millionaires

Originating from the innovative corridors of Coinbase, one of the leading cryptocurrency exchanges, Base represents a foundational layer for the creation and exchange of digital assets.

AI Altcoins Set to Skyrocket: Top Picks for Investors

AI altcoins are quickly becoming the new gold rush. As someone who's been around the block a few times (crypto block, that is), I've seen trends come and go, but the fusion of artificial intelligence and blockchain technology feels like we're on the cusp of something revolutionary.

Realio Network RIO: The RWA Crypto Gem Poised for Explosive Growth

The Realio Network (RIO) stands out not just as another promising asset but as a potential cornerstone in the realm of Real World Assets (RWAs). With its eyes firmly set on revolutionizing private equity through digital tokenization, Realio isn't just playing the game-it's changing how the game is played.

Must Read

Bitcoin ETF Frenzy: Is This the Time to Buy In, or a Recipe for Disaster?

The new spot Bitcoin exchange-traded funds (ETFs) have been a huge success by almost every significant indicator. They have already brought in over $30 billion in assets under management as a group.

Bizarre Tax Deductions You Might Actually Claim

While many tax deductions are well-known, such those for business supplies and charity contributions, some are less well-known. Here's a look at how tax deductions operate and three that you might find surprising as tax season approaches.

Inflation Hedge or Hype? Weighing the Pros and Cons of Owning Gold

Many were dismayed by a study released last week that showed inflation was increasing month over month, but it also highlighted how important it is to have a diverse portfolio. With one, investors can more effectively counteract the negative effects of rising interest rates intended to control inflation. Using gold and silver to diversify is also a good strategy.

Hot Housing Market Cooling? Sell Now, But Prepare for Price Negotiation

The ideal time to sell for homeowners planning to sell this year is still in the spring, but you might want to modify your expectations.

Spenders Stay Strong: Rising Prices Don't Deter Shoppers, Should You Be Worried?

In March, Americans increased their spending faster than anticipated, demonstrating resiliency in the face of inflationary pressures and other economic difficulties.

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