Business

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the ...

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The World’s 50 Largest Banks By Assets

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and…

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the…

Which Countries Use The Most Electricity?

Electricity demand reveals how countries power their economies,…

Shake Shack Shares Crash Most On Record; McDonald’s CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with…

Paramount Begs FCC For Green Light On Middle Eastern Sovereign Funds

Paramount isn’t just merging with a rival — it is exploding in size This article was written by J. Mitchell…

Capitalism Is Broken If Record Profit Margins Don’t Revert

“Profit margins are probably the most mean-reverting series in finance. And if profit margins do not mean-revert, then something has gone…

Money Supply Remains Well Below Trend

The seasonally adjusted money supply in January increased by $31 billion. This was the first increase in the money supply in…

NFTs And Intellectual Property

Non-fungible Tokens (NFTs) have taken the art world by storm, providing creators with a new way to sell and monetize their…

Recession Signal As Consumers Struggle To Pay Bills

We recently discussed the recession signals from the NFIB (National Federation Of Independent Business) and the inverted yield curve. This article was written…

Aussie Piracy “Disturbingly High” Despite 97% Using Legal Sources

The Australian government has released the 2022 edition of its Consumer Survey on Online Copyright Infringement. At 159 pages it’s a…

The Battle Between FANG And BANG Is About To Get Very Interesting

Almost five years ago I wrote a blog post titled, “BANG: Why The Gold Miners Could Soon Make FANG Look Tame.”…

LocalBitcoins Shuts Down After A Decade, Cites ‘Very Cold Crypto Winter’

The announcement comes after a chaotic year 2022 for the crypto industry. LocalBitcoins weekly volumes have dropped sharply from highs recorded…

2022 Trade Deficit Signals Inflation Closer To 15%

The December Trade Deficit increased after a major drop in November. The total came in at $67B which was 10% greater…

After 6 Years FXCM Finally Settles For $6.5m In Class Action

FXCM’s case against its former investors began in 2017. After six years, the brokerage decided to settle for 37% of the…

Argentina And Brazil Look To Establish A Common Currency

On Sunday, January 22, Argentine minister of economy Sergio Massa told the Financial Times that Argentina and Brazil were starting preparations for a common…

Turmoil Lurks Around The Corner

On October 12, 1987, a week before Black Monday, the Wall Street Journal warned of the potential for significant market turmoil….

Spotify Passes 200 Million Paying Users, Posts 2022 Loss

Music streaming giant Spotify on Tuesday reported a total of 205 million paying subscribers at the end of 2022, beating expectations, but its…

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One of the primary subject matters that U Cast Studios and U Cast News covers is Business. Our business articles range from a variety of different opinions, beliefs, and perspectives. 

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U Cast Studios covers a variety of different topics including business, business news, employment numbers, and trends in the business world.