Deira Trading Company

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Hyundai all-electric Ioniq 9 three-row SUV revealed

2026 Hyundai Ioniq 9 EV.HyundaioHyundai Motor's newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for the U.S. market.The new vehicle is Hyundai's…
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Snowflake’s stock flies higher as software company’s outlook impresses

Snowflake’s last three earnings reports spurred negative stock reactions, but investors seem to like the company’s upbeat guidance this time around
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McDonald’s preparing ‘McValue’ offering for 2025

A McDonald's is seen in the Flatbush neighborhood in Brooklyn, New York City, on Oct. 23, 2024.Michael M. Santiago | Getty ImagesMcDonald's is preparing 2025 value offerings in a bid…
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Delta Air Lines sees opportunity in the “premium consumer” as it lays out long-term financial targets

Delta Air Lines Inc. on Wednesday said it sees an opportunity to tap into affluent travelers as it laid out its long-term goals the next three-to-five years.
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Delta forecasts sales growth in 2025 thanks to ‘resilient economy’

A Delta aircraft at the airline's hangar in AtlantaLeslie Josephs/CNBCDelta Air Lines on Wednesday said sales would grow in 2025, citing a "resilient economy" for strong travel demand and credit…
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How NHL salary cap works

For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the…
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European Central Bank warns that concentration in highly-valued U.S. tech stocks poses financial stability risk

High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECB
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Delta CEO says Trump regulation stance could be ‘breath of fresh air’

Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022.Jeenah Moon | Bloomberg | Getty ImagesDelta Air Lines…
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Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs

Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.
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Target (TGT) Q3 2024 earnings

People are seen at the parking lot of a Target store in Selinsgrove. Paul Weaver | Lightrocket | Getty ImagesTarget will report fiscal third-quarter earnings on Wednesday and offer the latest…
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Watch SpaceX launch Starship’s sixth test flight

The SpaceX Starship lifts off from Starbase near Boca Chica, Texas, on November 19, 2024, for the Starship Flight 6 test. Chandan Khanna | AFP | Getty ImagesSpaceX launched the sixth…
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Comcast will announce the spinoff of cable networks Wednesday, CNBC source says

The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018.Mike Blake | ReutersComcast is moving forward with the spinoff of its cable network channels,…
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Stellantis delays Ram electric pickup trucks until 2025

Stellantis' Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January…
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Packaging giants Amcor and Berry to combine as merger landscape shows signs of heating up

Amcor’s acquisition essentially confirms recent forecasts by Wall Street bankers that major tie-ups to achieve scale will become more common.
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RFK Jr. is Trump pick for HHS secretary. Here’s what he could do

Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024. Thomas Machowicz | ReutersPresident-elect Donald Trump has tapped…
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MicroStrategy has taken ‘next big step’ in ‘audacious’ bitcoin acquisition strategy, says analyst

MicroStrategy Inc.’s move to ramp up its bitcoin acquisition effort bodes well for the software company and cryptocurrency play, says analyst firm Benchmark.
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Lowe’s (LOW) Q3 2024 earnings

LOS ANGELES, CALIFORNIA - AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter…
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Walmart (WMT) Q3 2025 earnings

The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart will report earnings before the bell on Tuesday, as inflation…
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Google may face demand to spin off Chrome in antitrust case. But will it actually happen?

Alphabet Inc.’s Google is headed into an uncertain year, as regulators reportedly want a federal judge to force the company to sell off Chrome. But nothing is certain about this…
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What travelers need to know about Spirit Airlines’ bankruptcy

A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty ImagesSpirit Airlines has filed…
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Their student loans should have been canceled already. Now they fear it won’t happen under Trump.

Pressure is building on the Biden administration to process promised student-loan cancellations in its waning days.
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AMC debt threatens its ability to ride the box office rebound

Cars drive near an AMC Theater in New York City on March 29, 2023.Leonardo Munoz | View Press | Corbis News | Getty ImagesThe domestic box office is on the…
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More Americans get news from social media influencers

About 1 in 5 Americans say they regularly get their news from "news influencers" on social media, according to a new study by the Pew Research Center.The rise of social…
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NBA, Warner Bros. Discovery settle lawsuit over live game rights

A view of the NBA on TNT logo on a broadcast camera prior to the start of the third quarter of Game Four of the Western Conference Second Round Playoffs…
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Builder-confidence index jumps to 7-month high after Trump win

Builder sentiment increased to the highest level since April, the National Association of Home Builders said.
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Spirit Airlines files for bankruptcy protection after mounting losses

Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesSpirit Airlines, an icon of…
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The No. 1 thing the ‘best’ places to retire have in common — and it’s not affordability

Here’s why Florida topped this annual ‘Best Places to Retire’ list once again, despite hurricane concerns.
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The Fed interrupted the stock market’s Trump rally. What comes next?

The stock market rally takes a breather. Now it’s at the mercy of the bond market as investors weigh Donald Trump’s economic plans and what they mean for interest rates.
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Trump’s victory cleared up some stock-market uncertainty — but big questions remain

Investors asked themselves whether the postelection rally could continue, and if Trump is really as good for the market as some think.
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Banks report ten-fold surge in digital scams, BioCatch says

Leylaynr | E+ | Getty ImagesU.S. and Canadian banks reported a tenfold surge in digital scams this year as criminals flock to techniques that rely on duping customers into sending…
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McDonald’s, Starbucks aim to improve

A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesAfter a tough year for the restaurant industry, executives can't wait for 2025…
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I was invited to join a VIP investment club. It promoted bitcoin and other crypto — that’s when the trouble started.

“The people in charge, I realize now, somehow managed to manipulate a small-cap stock so the members made profits.”
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Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end

Liberty Media announced Wednesday that it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is…
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Disney doesn’t plan to change its TV networks portfolio anytime soon

Scene from the FX series Shogun.Source: Disney | FXDisney has done the math on separating its TV networks business, and it appears too messy to be done — at least…
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Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1

Hyundai CEO Jaehoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto ShowMichael Wayland | CNBCDETROIT – Hyundai Motor Co.…
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The top 10 family offices for startup investments

Guillaume Houze attends the 33rd ANDAM Prize Winner cocktail at les Jardins du Palais Royal on June 30, 2022 in Paris, France.Pascal Le Segretain | Getty Images Entertainment | Getty…
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U.S. companies in the crosshairs if China retaliates to fight Trump

With President-elect Donald Trump's trade and foreign policy team taking a hawkish stance toward China, U.S. companies are increasingly concerned a hard-line approach could stunt their prospects in the world's…
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SpaceX President Gwynne Shotwell welcomes competition for Starlink, rockets

SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in Hawthorne, California, U.S., on Monday, Aug. 13,…
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Homeowners are using this hack to cut their mortgage payments in half — and chip away at the housing shortage

California homeowners are embracing tiny homes in their backyards. The movement has offered a blueprint for cities across the U.S. that are grappling with a housing shortage.
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Why Home Depot acquired SRS Distribution

A warehouse for Texas Pool Supply, a company that's part of SRS Distribution, carries pool parts such as filters and heaters, along with large buckets of pool chemicals. It's an…
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McDonald’s to invest over $100 million in E. coli outbreak recovery

A Quarter Pounder with cheese, fries and a drink arranged at a McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn the…
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Investors are bracing for higher-for-even-longer interest rates

Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about how much lower…
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Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.   Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
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MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
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ApeMax and Dogecoin: Battle of the Meme Coins

  In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
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Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?

Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
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Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
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FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall

If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
Source: CurrencyRate