© Reuters. JD.com Triumphs Over Alibaba in Pivotal Antimonopoly Lawsuit Quiver Quantitative – In a landmark ruling for China’s e-commerce industry, JD.com (NASDAQ:), a major online retailer, has emerged victorious in an antitrust lawsuit against its competitor Alibaba Group (NYSE:). The High People’s Court of Beijing fined Alibaba 1 billion…

(Reuters) – The United States has finalized contracts to purchase three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year, the U.S. Department of Energy said on Tuesday. The department said it bought the oil, for delivery to a…

By Karen Brettell NEW YORK (Reuters) -The dollar was down on the day against the euro and the yen on Thursday but off lows reached before data showed that U.S. consumer price inflation came in above economists’ expectations in December, raising some doubts that the Federal Reserve will cut rates…

Ark Invest CEO Cathie Wood has expressed disappointment at the statement made by SEC Chair Gary Gensler shortly after the agency approved a dozen exchange-traded funds (ETFs) that directly hold Bitcoin.“He just denigrated the whole crypto space. I couldn’t believe it,” she said in an interview with Bloomberg Radio.Wood said…

The traditional portfolio of stocks and bonds has been on a tear over the past two months as the S&P 500 nears a record high, but it’s the big gains in fixed income that stand out, according to Bespoke Investment Group. Fixed-income assets are typically the “insurance” part of the…

© Reuters. Boeing Sees Complete Return of 737 MAX in China’s Skies in 2023 Quiver Quantitative – The year 2023 marked a significant milestone for Boeing (NYSE:) as the company announced the complete return of all its 737 MAX jets to service within Chinese airlines. This development is especially notable…

Investing.com — Oil prices fell Wednesday, handing back some of the previous session’s gains, as shipping companies returned to the Red Sea despite fresh attacks, stabilizing supplies through this crucial region. By 09:15 ET (14.15 GMT), the futures traded 0.4% lower at $75.27 a barrel and the contract dropped 0.3%…

SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo FinanceThe official X account of the U.S. Securities and Exchange Commission (SEC) was compromised when it posted the fake spot Bitcoin ETF approval announcement, X has confirmed.SEC’s Account did not Have a 2FA Set UpUpon completing a preliminary…

An earlier version of this article incorrectly stated the length of time between 10-year yields topping 5%. The article has been corrected. Treasury yields ended mostly higher Friday but finished 2023 not far from where they started, after a wild year that saw the 10-year rate hit a 16-year high…

© Reuters. Williams Cos. (WMB) adds core infrastructure for LNG buildout following Gulf Coast storage acquisition – BofA BofA analysts maintained a $41 price target and Buy rating on Williams Cos. (WMB) in a note Friday, stating that the $2 billion Gulf Coast storage acquisition adds core infrastructure for the…