The Daily Editor

Wall Street has observed the benchmark S&P 500 (SP500) trim some of its post-election gains as the dust settles following Donald Trump’s presidential victory and a Republican-led Congress and Senate preparing to take center stage in January.

As a result

 » Read more about: Piper Sandler highlights key support and resistance levels for the S&P 500  »

CLEVELAND, Ohio — A Canadian citizen who helped launch an $8.2 million international cryptocurrency scheme was sentenced Thursday to four years and three months in prison.

Yan Ouellet, 41, of Quebec helped his former company PlexCorps defraud more than 15,000 investors by lying to them about the company’s plans and its ability to unseat giants like Bitcoin with its own virtual currency called PlexCoin.

 » Read more about: Canadian citizen sentenced in Cleveland to 4 years in prison for $8.2 million cryptocurrency scheme  »

Nov 21, 2024,02:47pm EST

Satoshi’s Nakamoto’s Bitcoin Stash Could Be Worth $106 Billion“,”scope”:{“topStory”:{“index”:1,”title”:”Satoshi’s Nakamoto’s Bitcoin Stash Could Be Worth $106 Billion”,”image”:”https://specials-images.forbesimg.com/imageserve/673f8ca9cb4631ed0838d7d7/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 21, 2024″,”hourMinute”:”02:47″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1732218465994},”uri”:”https://www.forbes.com/sites/digital-assets/2024/11/21/satoshis-nakamotos-bitcoin-stash-could-be-worth-106-billion/”}},”id”:”cnhcrblb10400″},{“textContent”:”

Nov 21, 2024,03:24am EST

So,

 » Read more about: Bitcoin Surpasses $99,000 As Cryptocurrency Eyes Next Milestone  »

• Taiwan is planning to inject $1 billion a year into its AI industry, its technology minister said.
• Wu Cheng-wen told Nikkei Asia that “AI sovereignty” is critical and benefits Taiwan’s security.
• The nation has been diversifying away from semiconductors and China to strengthen its economy.

 » Read more about: Taiwan plans to spend $1B a year pivoting its economy from semiconductors to AI  »

 » Read more about: US applications for jobless benefits fall to 213,000, remaining near 7-month lows  »

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at renewable energy stocks, starting with Sunrun (NASDAQ:RUN).

 » Read more about: Renewable Energy Stocks Q3 Highlights: Sunrun (NASDAQ:RUN)  »

• Investors should buy the postelection dip in renewable energy stocks, UBS says.
• The analysts point to a relatively cheap entry point and surging power demand from AI data centers.
• Renewables have slumped as investors expect Trump to scale back clean-energy initiatives.

 » Read more about: Buy the postelection dip in renewable energy stocks amid 'unrelenting' demand for power, UBS says  »

41 minutes ago

Pam Bondi: What We Know About Trump’s New Pick For AG After Gaetz’s Exit“,”scope”:{“topStory”:{“index”:1,”title”:”Pam Bondi: What We Know About Trump’s New Pick For AG After Gaetz’s Exit”,”image”:”https://specials-images.forbesimg.com/imageserve/673fd930b62de6e85bfa6c81/290×0.jpg?cropX1=0&cropX2=3579&cropY1=0&cropY2=2387″,”isHappeningNowArticle”:true,”date”:”41 minutes ago”,”uri”:”https://www.forbes.com/sites/antoniopequenoiv/2024/11/21/pam-bondi-what-we-know-about-trumps-new-pick-for-ag-after-gaetzs-exit/”}},”id”:”2l86mamo6k8o00″},{“textContent”:”

2 hours ago

Democratic Sen. Bob Casey Concedes Pennsylvania Senate Race To Republican Dave McCormick“,”scope”:{“topStory”:{“index”:2,”title”:”Democratic Sen.

 » Read more about: Nvidia Stock Briefly Rises To All-Time High In Rollercoaster Post-Earnings Trading  »

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 » Read more about: Passive Investing Could Crash the Market, Swiss Re Institute Analysts Warn  »

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Options trading is how investors …

 » Read more about: Options Trading – A Beginner’s Guide On How To Trade Options  »