Former FTX engineer testifies about a nerve-wracking rooftop encounter with SBF before the jury

Former FTX engineering chief, Nishad Singh, testified in court on Monday about his one-on-one meetings with Sam Bankman-Fried, the founder of the crypto firm. Singh revealed that he had rare face-to-face discussions with Bankman-Fried to discuss the dire financial situation of FTX. Singh, who had previously worked with Alameda Research before joining FTX, asked for…

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The experts’ opinions on Lululemon’s surge ahead of its inclusion in the S&P 500.

Lululemon’s recent inclusion in the S&P 500 has drawn significant attention from investors and analysts. The popular athleisure clothing company’s rise to the prestigious index was announced on Friday, following the acquisition of Activision Blizzard by Microsoft in a noteworthy $69 billion deal. Lululemon, with its 25% year-to-date stock increase, now stands as the lone…

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LULU, PFE, NWSA, SCHW and other stocks

Lululemon, Pfizer, and News Corp are among the companies making significant moves in the stock market today. Lululemon’s shares surged by over 10% after it was announced that the athleisure clothing company will be added to the S & P 500 on Wednesday. This move comes as Activision Blizzard is being replaced following its takeover…

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SEC head predicts that a financial crash within a decade is highly likely due to AI.

Title: SEC Chair Warns of Impending Financial Crisis Triggered by AI, Calls for Regulation In a recent interview with the Financial Times, Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), raised concerns about the potential risks posed by artificial intelligence (AI) in the financial industry. Gensler highlighted the urgency for regulations to…

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Union urged to strike a deal by Bill Ford

Ford Motor Company Executive Chairman Bill Ford has expressed concern about the ongoing strike by the United Auto Workers (UAW), stating that it threatens the future of the company and the American automotive industry. Ford, who has been involved in UAW negotiations for many years, urged union members and leaders to work together with the…

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Four districts in Kerala – Kollam, Pathanamthitta, Alappuzha, and Idukki – under orange alert

Thiruvananthapuram, Kerala – Rains continued to pour over Kerala on Monday, with the Indian Meteorological Department (IMD) issuing an orange alert in four districts of the state. The districts of Kollam, Pathanamthitta, Alappuzha, and Idukki were placed under the orange alert, indicating the possibility of very heavy rainfall ranging from 11 cm to 20 cm….

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