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Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares plummeted 50% after the U.S. Food and Drug Administration did not approve of Corcept’s drug relacorilant as a treatment for patients with hypercortisolism. The FDA decided it couldn’t reach a favorable benefit-risk assessment for the drug without the company providing further evidence of effectiveness. Molina…
Sony has officially unveiled the free PlayStation Plus games for January 2026, and it includes some free games for PS4 gamers to enjoy as well. At the start of 2025, Sony made the shock announcement that PlayStation Plus was going to phase out focus for the PS4, starting in January 2026. From that month on, PS Plus might still include PS4 games, but it would be because they are cross-gen games. While millions of PlayStation gamers have upgraded to the PS5, there are still those that are still gaming on the PS4. PS4 gamers that want to truly get the…
Concerns about how AI will affect workers continue to rise in lockstep with the pace of advancements and new products promising automation and efficiency. Evidence suggests that fear is warranted. A November MIT study found an estimated 11.7% of jobs could already be automated using AI. Surveys have shown employers are already eliminating entry-level jobs because of the technology. Companies are also already pointing to AI as the reason for layoffs. As enterprises more meaningfully adopt AI, some may take a closer look at how many employees they really need. In a recent TechCrunch survey, multiple enterprise VCs said AI…
Bitcoin is likely headed for a challenging 2026, with many analysts expecting the cryptocurrency to extend its late-2025 downturn. Yet even as prices soften, early adopters say the coming year could mark a turning point for Bitcoin’s real-world utility, as payment infrastructure continues to mature and using BTC as a medium of exchange becomes simpler and more accessible.The price of Bitcoin (BTC) may bottom out at about $60,000 in Q4 2026, presenting a buying opportunity, according to early Bitcoin investor Michael Terpin. Terpin forecast:”The end of 2026 will be a great time to buy, as market lows based on fear…
A 24-year-old man was shot to death during an argument with his killer outside a Queens bodega, police said Wednesday. Victim Lawrence Turner got into the quarrel outside MB Convenience Deli & Grill on Beach 14th St. near New Haven Ave. in Far Rockaway about 6:40 p.m. Tuesday, cops said. As the clash escalated, Turner’s adversary pulled out a gun and opened fire, striking the victim in the back and arm. Turner traveled to St. John’s Episcopal Hospital by private means, where he later died. The gunman ran off and has not been caught. He is described as Hispanic and was wearing a…
Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders exceeding two million units for 2026. Warner Bros Discovery — Shares fell 1%. On Tuesday, CNBC’s David Faber reported that Warner was planning to reject Paramount Skydance’s takeover bid. Hyatt Hotels — The hotel chain dropped more than 1% after updating its 2025 outlook due…
Key takeaways:Bitcoin is consolidating as gold leads, a pattern seen before past BTC rallies.$84,000–$85,000 and the 100-week EMA are key levels to watch.Bitcoin (BTC) failed to rise above the $90,000 mark in December, with sharp rejections toward the $85,000-87,000 area on each attempt. BTC/USD hourly chart. Source: TradingViewThe sideways price action followed a sharp pullback of more than 30% from Bitcoin’s October all-time high above the $126,000 mark. Bitcoin’s consolidation resembled pauses seen in previous four-year cycle downtrends, when its price often moved sideways for extended periods before establishing a clearer trend, according to multiple analysts.Related: Bitcoin’s $90K rejection: Is…
Compared to the original Switch launch in 2017, the Switch 2 launch was much more successful, as it seemed like Nintendo sent out a bigger supply of consoles. Avid Nintendo fans lined up, got their bundles and games, including some premium choices like Mario Kart World, Bravely Default: Flying Fairy HD Remaster, Cyberpunk 2077: Ultimate Edition, and more. Related 10 Nintendo Switch 2 Games That Are Confirmed (But Don’t Have A Release Date Yet) Will these Switch 2 games be released in 2026, or will they be delayed? While there is no denying it is a more powerful version of…
Tennessee authorities have launched a coordinated enforcement effort aimed at removing online sweepstakes casinos from the state, concluding that the platforms operate outside existing law while presenting themselves as lawful entertainment services. The action follows an investigation that found dozens of websites offering casino-style games to Tennessee residents through structures state officials say amount to illegal gambling.The Attorney General’s Office confirmed that formal cease-and-desist letters were issued to almost forty online sweepstakes operators. After receiving notice, every platform contacted either disabled the parts of their services that violated state law or agreed to shut down their sweepstakes operations in Tennessee within…
LONDON, ENGLAND – JANUARY 1: Fireworks light up the London skyline over Big Ben and the London Eye just after midnight on January 1, 2023 in London, England. London’s New Years’ Eve firework display returned this year after it was cancelled during the Covid Pandemic. (Photo by Dan Kitwood/Getty Images)Dan Kitwood | Getty Images News | Getty ImagesLONDON — European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative territory.The U.K.’s FTSE 100 ended the day down 0.2%,…