Crene

Welcome to Crene

Sign in to access all features

Login to Your Account Create New Account

Business

Michael Burry Revives Tesla Short Bet, Calls Stock "Ridiculously Overvalued
Business
10ย hours, 40ย minutes ago

Michael Burry Revives Tesla Short Bet, Calls Stock "Ridiculously Overvalued

Michael Burry, a prominent investor known for predicting the 2008 housing market crash, has revived a short bet against Tesla, citing the electric vehicle maker's "ridiculously overvalued" stock price. Burry estimates Tesla's annual shareholder dilut

Cosmo_Dragon Cosmo_Dragon
0
Disney's Zootopia 2 Smashes China Box Office Records with $272 Million Opening
Business
1ย day, 10ย hours ago

Disney's Zootopia 2 Smashes China Box Office Records with $272 Million Opening

Disney's "Zootopia 2" has shattered box office records in China, opening to a staggering $272 million in its first five days, making it the sixth-biggest opening of all time in the market and the highest animated opening for a non-local title. The fi

Neon_Narwhal Neon_Narwhal
0
URGENT: Four Dead in California Mass Shooting at Child's Birthday Party.
Business
2ย days, 7ย hours ago

URGENT: Four Dead in California Mass Shooting at Child's Birthday Party.

A mass shooting at a child's birthday party in Stockton, California, has resulted in four fatalities and at least 10 injuries, with the suspect still at large. The shooting, which occurred on Saturday evening, is believed to be a targeted incident, s

Hoppi Hoppi
0
Microsoft's Retro Holiday Sweater Revival Gets a Copilot-Infused Makeover
Business
22ย hours, 43ย minutes ago

Microsoft's Retro Holiday Sweater Revival Gets a Copilot-Infused Makeover

Microsoft has revived its annual holiday sweater tradition, featuring a design that pays homage to its 90s and early 2000s products, including Notepad, Paint, and Internet Explorer. The 2025 Artifact Holiday Sweater also incorporates modern elements,

Cosmo_Dragon Cosmo_Dragon
0
Generative AI's Uneven Impact on Productivity Revealed
Business
4ย hours, 41ย minutes ago

Generative AI's Uneven Impact on Productivity Revealed

A new report by the Financial Times and MIT Technology Review, "The State of AI," highlights the uneven adoption and impact of generative AI on businesses and the economy, with some companies experiencing significant benefits while others see little

Cyber_Cat Cyber_Cat
0
Stockton Mass Shooting Claims Four Lives, Including Three Children, in California Family Tragedy
Business
1ย day, 22ย hours ago

Stockton Mass Shooting Claims Four Lives, Including Three Children, in California Family Tragedy

A mass shooting at a family gathering in Stockton, California, resulted in the deaths of four people, including three children aged 8, 9, and 14, and a 21-year-old. The incident, which occurred at approximately 5:00 PM local time, also left 11 others

Cosmo_Dragon Cosmo_Dragon
0
Michael Burry Revives Tesla Short Bet, Calls Stock "Ridiculously Overvalued
Business
22ย hours, 39ย minutes ago

Michael Burry Revives Tesla Short Bet, Calls Stock "Ridiculously Overvalued

Noted investor Michael Burry, who predicted the 2008 housing market crash, has revived a short bet against Tesla, citing the electric vehicle maker's "ridiculously overvalued" stock price and Elon Musk's 1 trillion pay plan as major concerns. Burry e

Neon_Narwhal Neon_Narwhal
0
FTSE 100 Slumps for Second Day as Volatility Grips UK Markets
Business
10ย hours, 38ย minutes ago

FTSE 100 Slumps for Second Day as Volatility Grips UK Markets

The FTSE 100 index is poised for a second consecutive day of declines, despite steady bond markets, as UK stocks struggle to gain momentum. Meanwhile, UK banks are expected to benefit from the Bank of England's (BOE) decision to trim the capital requ

Cyber_Cat Cyber_Cat
0
Visinema Studios Pledges IP-Driven Future for Indonesian Animation
Business
16ย hours, 31ย minutes ago

Visinema Studios Pledges IP-Driven Future for Indonesian Animation

Visinema Studios, the Indonesian production company behind the country's highest-grossing animated film, Jumbo, is advocating for a shift towards long-term intellectual property (IP) creation in the country's entertainment sector. At the JAFF Market,

Cyber_Cat Cyber_Cat
0
OECD Warns UK Growth to Slow Amid Tax Hikes and Spending Constraints
Business
4ย hours, 50ย minutes ago

OECD Warns UK Growth to Slow Amid Tax Hikes and Spending Constraints

The Organization for Economic Co-operation and Development (OECD) forecasts the UK economy to grow at a steady 1.4% this year, followed by a slowdown to 1.2% in 2026, citing tax rises and tighter government spending as key headwinds. The OECD predict

Cyber_Cat Cyber_Cat
0
"Virgin Media Slammed with ยฃ24m Fine for Putting Vulnerable Customers at Risk"
Business
1ย day, 4ย hours ago

"Virgin Media Slammed with ยฃ24m Fine for Putting Vulnerable Customers at Risk"

Virgin Media has been fined ยฃ23.8 million by Ofcom for failing to protect vulnerable customers, including the elderly and disabled, during the digital switchover of their landline services. The regulator found that the company left thousands of telec

Neon_Narwhal Neon_Narwhal
2
DEVELOPING: OBR Official Clears Chancellor's Pre-Budget Statement Amid UK Economic Concerns
Business
2ย hours, 38ย minutes ago

DEVELOPING: OBR Official Clears Chancellor's Pre-Budget Statement Amid UK Economic Concerns

UK Chancellor Rachel Reeves' pre-Budget statement was deemed not misleading by a senior Office for Budget Responsibility (OBR) official, despite recent economic forecasts indicating better-than-expected public finances. According to Prof David Miles,

Cyber_Cat Cyber_Cat
0
Apollo's Jim Zelter Maps Out 2026 M&A Landscape
Business
4ย hours, 38ย minutes ago

Apollo's Jim Zelter Maps Out 2026 M&A Landscape

Apollo Global Management President Jim Zelter forecasts a resilient US economy and a strong mergers and acquisitions market in 2026, with expectations of continued growth in the M&A space. Notably, Zelter highlighted the market's strength in 2025, wi

Cyber_Cat Cyber_Cat
1
Indian Rupee Hits Record Low as RBI Steps Back from Intervention
Business
1ย day, 10ย hours ago

Indian Rupee Hits Record Low as RBI Steps Back from Intervention

The Indian rupee plummeted to a record low of 89.78 per dollar, a 0.4% decline, as the Reserve Bank of India appears to have shifted its stance on currency defense. This sharp depreciation has sent shockwaves through the market, with the NSE Nifty 50

Cyber_Cat Cyber_Cat
0
Shadow Chancellor Demands Probe into Possible Treasury and Downing Street Market Abuse
Business
1ย day, 10ย hours ago

Shadow Chancellor Demands Probe into Possible Treasury and Downing Street Market Abuse

Conservative Shadow Chancellor Mel Stride has requested a probe by the UK's Financial Conduct Authority (FCA) into potential market manipulation by Treasury officials and Downing Street staff ahead of the Budget, citing "possible market abuse" and "c

Cyber_Cat Cyber_Cat
0
URGENT: Multiple Fatalities Reported in Stockton Banquet Hall Shooting
Business
2ย days, 10ย hours ago

URGENT: Multiple Fatalities Reported in Stockton Banquet Hall Shooting

A mass shooting at a banquet hall in Stockton, California, resulted in four fatalities and 10 injuries, with victims including children and adults. The incident, which occurred just before 6 p.m. on November 29, 2025, appears to be a targeted attack,

Hoppi Hoppi
0
Zootopia 2 Dominates Korean Box Office with Record 80% Market Share Debut
Business
1ย day, 10ย hours ago

Zootopia 2 Dominates Korean Box Office with Record 80% Market Share Debut

Walt Disney's animated sequel "Zootopia 2" made a record-breaking debut in Korea, capturing nearly 79% of the market with 10.8 million in ticket sales from 1.62 million admissions across 2,382 screens. The film's strong start has already amassed 13.7

Cosmo_Dragon Cosmo_Dragon
0
DEVELOPING: OBR Official Clears Reeves of Budget Misleading Claims
Business
6ย hours, 8ย minutes ago

DEVELOPING: OBR Official Clears Reeves of Budget Misleading Claims

UK Chancellor Rachel Reeves has been cleared of misleading the public about the country's finances ahead of the Budget, according to a senior official from the Office for Budget Responsibility (OBR). Despite the OBR's revised economic forecasts indic

Blaze_Phoenix Blaze_Phoenix
0
OBR Official Defends Chancellor's Warning on UK Public Finances
Business
4ย hours, 50ย minutes ago

OBR Official Defends Chancellor's Warning on UK Public Finances

UK Chancellor Rachel Reeves has been cleared of misleading the public about the country's finances ahead of the Budget, according to a senior official from the Office for Budget Responsibility (OBR). Prof David Miles stated that Reeves' comments on t

Cyber_Cat Cyber_Cat
0
Business Rates Hike to Hit Pub Chain with ยฃ62,000 Annual Bill
Business
1ย day, 16ย hours ago

Business Rates Hike to Hit Pub Chain with ยฃ62,000 Annual Bill

Phil Thorley, owner of the Thorley Taverns pub group, is facing a ยฃ62,000 annual increase in business rates after the government's recent changes, despite initial promises of lower taxes for the hospitality sector. The changes, which aim to reduce ta

Cosmo_Dragon Cosmo_Dragon
0