Economy

Lyft has launched teen ride accounts across the USA, rolling out a feature that allows passengers aged 13 to 17 to book rides independently while giving parents greater oversight. The move comes as Lyft looks to narrow the gap with rival Uber and strengthen its position in a ride-hailing market where safety features are becoming

The so-called whales were busy during Bitcoin’s crash to a 15-month low of $60,000 as the large investors stepped in to buy the dip. The recovery lifted the cryptocurrency by roughly 17% in a matter of days, and the top cryptocurrency was trading at $69,165 during the time of writing. Data shows the rally followed

Applied Materials stock price has rebounded in the past two consecutive days, moving from a low of $288 on February 4 to the current $322. It is approaching the all-time high of $345 as traders watch for the upcoming financial results. Applied Materials stock is benefiting from the AI boom AMAT is a top company

Bitcoin treasury company Strategy (formerly MicroStrategy) has added to its already sizable cryptocurrency holdings, acquiring an additional 1,142 Bitcoin for approximately $90 million, according to a regulatory filing released on Monday. In an 8-K filing with the Securities and Exchange Commission, Strategy said the purchases were made between February 2 and February 8 at an

Novo Nordisk’s Denmark-listed shares climbed more than 7%, while the stock gained close to 6% in US premarket trading after telehealth company Hims & Hers said it would stop offering its newly launched oral obesity pill copycat following regulatory scrutiny. Hims & Hers, by contrast, fell nearly 20% in premarket trading. Additionally, Novo Nordisk also

According to figures released on Monday by the national statistics agency, Mexico’s inflation rate rose in January, supporting the central bank’s decision last week to keep its benchmark interest rate unchanged. Consumer prices increased from 3.69% in December to 3.79% in January. The reading marked a further rise in the annual inflation rate at the

QuantumScape (NASDAQ: QS) shares are electrified today, surging more than 7% in early trading as the company officially inaugurated its much-anticipated “Eagle Line.” This highly automated pilot production facility in San Jose represents what CEO Dr Siva Sivaram has called the company’s “Kitty Hawk moment” – the point where lab innovation finally translates into a

US equities traded lower on Monday as investors turned cautious ahead of a series of closely watched economic releases and another round of corporate earnings, following a volatile week that ended with the Dow Jones Industrial Average reaching a historic milestone. The Dow Jones Industrial Average fell 128 points, or about 0.2%, in early trading.

Nvidia stock extended its recent rally early on Monday, as investors continued to assess the outlook for artificial intelligence infrastructure spending following strong capital expenditure guidance from major technology companies. In early trading, Nvidia shares were up about 4% at $192.40. The move followed a 7.9% gain on Friday, which snapped a five-day losing streak.