Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. Dado Ruvic | Reuters Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market. The price of bitcoin rose 3% to $97,426.02 Thursday, bringing its new year gain to about 4% when counting trading from the […]
Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the world’s best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers. It comes […]
Popular Science started writing about technology more than 150 years ago. There was no such thing as “gadget writing” when we published our first issue in 1872, but if there was, our mission to demystify the world of innovation for everyday readers means we would have been all over it. Here in the present, PopSci […]
This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Today, our trade correspondent reveals the Netherlands’ “proactive” bid to scope out possible “one-to-one” […]
An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024. Jonathan Raa | Nurphoto | Getty Images Shares of key global semiconductor equipment firms jumped on Thursday after a report that the U.S. is considering […]
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending. Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in the company’s quarter […]
Omar Marques | Lightrocket | Getty Images Shares of banks climbed on Wednesday as investors look toward Donald Trump’s victory in the presidential election and bet it will lead to less regulation for the sector. The SPDR S&P Bank ETF (KBE)which tracks a broad range of financial institutions, rallied nearly 12%. The SPDR S&P Regional […]
We’re now just days away from the ’24 elections, and what a race it’s been. Polls have been all over the place, and both parties can make legitimate claims to holding the advantage as we approach Tuesday’s vote. Amidst the political drama, the stock market has remained robust, with the S&P 500 surging 20% year-to-date. […]
Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C. Blythe Andrews, Jr. Public Library in Tampa, Florida, U.S., November 1, 2024. Octavio Jones | Reuters Executives at America’s largest companies are talking publicly with investors about the presidential election more so than in recent […]
The U.S. 10-year Treasury yield dipped below 4.10% on Friday as investors assessed the latest inflation data that came in cooler than expected. The yield on the 10-year Treasury slipped less than a basis point to 4.088%, after having ended last week at 3.97%. The yield on the 2-year Treasury was down about 5 basis […]
