Deira Trading Company

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This is the defense sector’s fastest grower — and a $20 billion trade most investors are missing

‘Drone-killing’ technology is now a must-have for government agencies — from Washington to Riyadh.
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These Alzheimer’s drugs were supposed to revolutionize the way we fight the disease. The reality is more complicated.

A scientific report has raised questions about how much Leqimbi and Kisunla — the “breakthrough” Alzheimer’s drugs that have hit the market in the last few years — really help…

'It's just scale': Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers

Multibillion-dollar dealerships have been on the rise amid a decadeslong consolidation that has led to a grow-or-die mentality for many U.S. auto retailers.
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Cal-Maine’s stock falls as DOJ reportedly weighs bigger crackdown on major egg producers

Egg prices crossed the $6 barrier in March of last year, but they have since fallen as farmers have replenished their flocks.

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Morgan Stanley tops estimates as trading revenue exceeds expectations by nearly $1 billion

Morgan Stanley's results in the quarter were powered by the firm's fixed income and equities trading operations, which produced about $8.5 billion in revenue.

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U.S. oil prices plunge to around $80 a barrel after Iran declares Strait of Hormuz open. How soon could they return to pre-war levels?

The reopening of the Strait of Hormuz on Friday sent a fresh wave of relief through oil markets, knocking U.S. crude prices down to their lowest levels since the early…

Netflix was long 'a builder not a buyer.' Is that era over?

Netflix co-CEO Ted Sarandos said during an investor call that the company built its "M&A muscle" during its pursuit of WBD's assets.

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Why foreign automakers dominate the sedan market

SUVs may have taken over America, but high prices and oversaturation are pushing some customers — and automakers — back to sedans.
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Former Treasury Secretary Henry Paulson warns U.S. needs an emergency ‘break-the-glass’ plan if Treasury demand collapses

Former Treasury Secretary Henry Paulson on Thursday urged U.S. policymakers to prepare an emergency plan in case demand for Treasurys breaks down — warning that a crisis in the government…

Airline CEOs urged by lawmaker to lower fares if fuel prices come down

Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.
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2 expensive mistakes most retirees make — and how to avoid them

“We call them ‘King Tut’ subjects — they’re buried with their gold.”

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Netflix co-founder Reed Hastings to exit company, saying it’s so strong it doesn’t need him anymore

The announcement came as Netflix reported first-quarter profits that shattered expectations, which it attributed in large part to faster-than-forecast subscriber growth, a recent price increase and the $2.8 billion breakup…

Netflix posts massive earnings beat thanks to WBD breakup, announces Reed Hastings to exit board

Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.

RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves

Hims may have an chance to grow peptides business as a potential revenue driver, with FDA review in 2026 shaping the opportunity.
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With the largest industrial IPO since 1999, this air-quality giant’s stock opened with a bang

Madison Air raises $2.2 billion in the largest IPO this year, and the largest from the industrial sector since 1999.

How the wealthy are planning to cut their 2026 tax bills

Lawyers and advisors to the wealthy share tax tactics from long-short equity strategies to front-loading charitable gifts.

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Allbirds’ AI pivot sends its stock soaring nearly 600%. We’ve seen this movie before.

It’s not unprecedented for struggling companies to latch on to the hot trend of the moment — remember the blockchain hype cycle?

For cruise lines, Iran conflict and oil prices threaten to dent profits

Even as the industry navigates choppy seas, cruise companies are looking for their next avenues for growth.
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Is Tesla a chip stock now? Investors are cheering a semiconductor milestone.

The AI5 chip, which Tesla says will power humanoid robots and supercomputers, has completed a critical step.

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Ford EV chief leaving automaker amid new restructuring efforts

The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.

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Could pressure to make money faster kill the next lifesaving pill?

When activist investors target drugmakers, drug-development strategies shift. Patients lose when this happens.

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Bank of America is set to report earnings. Here's what to expect

Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.

Citigroup beats estimates, boosted by gains in fixed income 

Citigroup reported its best quarterly revenue in a decade and a 56% year-over-year jump in earnings per share. 
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Need to file for a tax extension today? Read this first.

Here are two key questions to ask when deciding whether an IRS extension makes sense for you.

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A new CEO and a deal with Uber aren’t enough to lift this EV maker’s struggling stock

The announcement comes amid concerns from investors about Lucid’s ability to stay afloat.

Lucid names auto industry outsider as CEO, expands Uber deal

Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.

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As S&P 500 approaches record highs, this is what could derail the stock-market rebound

The S&P 500 was back near its all-time high on Tuesday as investors in U.S. stocks appeared content to look past the fact that the Strait of Hormuz was still…

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Why gas prices haven’t hurt consumers yet, according to JPMorgan

JPMorgan Chase beat first-quarter earnings expectations, with volatility from the Iran conflict leading to record market revenue and with consumers continuing to spend in the face of higher gasoline prices.

JPMorgan tops estimates on Wall Street results, Dimon flags 'increasingly complex' economic risks

JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.

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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