November 12, 2024
Business - 11/12
đŸ’ŧ FTX Sues Binance for $1.8B , 📈 Bitcoin Surges Post-Trump Election Win ...
đŸ’ŧ FTX Sues Binance for $1.8B FTX is suing Binance for approximately $1.8 billion claiming fraudulent fund transfers and damaging tweets. 📈 Bitcoin Surges Post-Trump Election Win Bitcoin surged to nearly $88,000 after Trump, a new crypto supporter, was elected, signaling support for digital assets. 📊 S&P 500 Reaches Historic 6,000 Milestone The S&P 500 hits a milestone of 6,000, marking significant growth for the index this year. 🚀 Stock Market Soars Amid Tesla Rally The stock market experiences a resurgence of FOMO, with Tesla and crypto stocks leading the rally. 📅 Wall Street Eyes Year-End Surge Wall Street investors anticipate a robust year-end market pursuit, driven by recent gains. 💡 BlackRock Expands with New ETFs BlackRock targets the money-market fund sector with new ETF initiatives to broaden its portfolio. 📈 Dow Jones Breaks 44,000 Record U.S. stock indexes hit record highs, with the Dow Jones surpassing 44,000 for the first time. đŸ”Ĩ Natural Gas Prices Spike on Forecasts Natural-gas futures saw their largest increase since February due to decreased production and colder forecasts. 💰 MicroStrategy Bolsters Bitcoin Holdings MicroStrategy invested over $2B in Bitcoin, pushing its total holdings to $23B, while crypto-linked stocks also saw significant gains. 💧 Desalination Market to Double by 2032 The global desalination market is anticipated to more than double by 2032, reflecting growing demand for converting saltwater to freshwater. 💲 China Unveils $1.4 Trillion Stimulus China announced a $1.4 trillion debt package to stimulate its economy, still recovering from the pandemic. 🚁 Walmart Expands Drone Deliveries in Texas Walmart expanded its drone delivery service to cover a large area of Dallas-Fort Worth, claiming the largest drone delivery footprint among U.S. retailers.
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