The Tokenist

AI and recession concerns place pressure on tech companies. During 2023, tech companies laid off 262,592 employees, which is 69% more than in 2022. This year seems to be following that trend. Updated...

Shares of Tesla tumbled 8.8% in premarket trading after the automaker released disappointing Q4 results and 2024 outlook. Tesla reported its Q4 results on Wednesday, disappointing investors with...

Driven by robust consumer spending, US GDP grew faster than anticipated in Q4 2023. The US gross domestic product (GDP), a key indicator of economic growth, grew slower in Q4 than the previous...

Netflix (NASDAQ:NFLX) significantly expands its customer base. Which services can follow up that demand?On Tuesday, Netflix reported its Q4 earnings. The streaming giant added 13.12 million...

IBM (NYSE:IBM) is slated to report its Q4 financial results on Wednesday, and many investors are keen to gain insights into the company’s growth, particularly in artificial intelligence (AI)....

Whether missed or aligned, Tesla (NASDAQ:TSLA) investors are likely to jump on the YTD downturn.Tesla’s next quarterly earnings report is expected on Wednesday, January 24, closing the fiscal...

Although cyclical, semiconductor sector demand keeps rising. Which chip suppliers will power the future? Over the week, the Philadelphia Semiconductor Index (SOX) went up 8.12%. The index is weighted...

Taiwan Semiconductor Manufacturing (NYSE:TSM) says the ongoing AI boom and demand for high-performance computing could boost its revenues by up to 26% this year. Taiwan Semiconductor Manufacturing...

After topping the list in 2022, Tesla (NASDAQ:TSLA) was once again one of the most shorted large-cap stocks last years. Hedge funds intensified their bearish stance in 2023, targeting auto titans...

Oil prices fell more than 2% on Wednesday amid headwinds caused by a stronger dollar, oversupply concerns, and China's soft GDP data.Oil prices fell for a third day this week, with the West Texas...

These three small-cap stocks are being shorted heavily currently.The refreshed geopolitical uncertainty due to the Middle East conflict and disrupted shipping lanes is putting short investors on...

Gold fell over 0.7% on Tuesday amid strengthening dollar and rising yields, as well as uncertain Fed path. Gold tumbled over 0.7% on Tuesday to $2,039, but technical analysis suggests that near-term...

After Friday's closing bell, Microsoft (NASDAQ:MSFT) overtook Apple (NASDAQ:AAPL) as the world's most valuable company. Microsoft overtook Apple as the most valuable public company in the world...

These banks are closest to the central banking sun, taking in energy instead of burning up. Last year was the year of banking layoffs. According to FT research, global banks downsized their personnel...

Oil prices jumped higher on Friday after US and UK attacked Houthi rebels. Analysts think further escalation in the conflict may propel Brent above $80.Oil prices spiked on Friday after the US and its...

Due to multiple potential headwinds, HSBC economists think gold is unlikely to remain above $2,000 in 2024. Gold prices surged to a new record high last month, driven by geopolitical tensions....