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03/10/2023

Just a year back, the world looked up to Sam Bankman-Fried as a major player in the financial realm, enjoying a lavish life in his $40 million Bahamian penthouse and heading a $32 billion cryptocurrency behemoth. But, fast forward to a recent Tuesday morning, and we find him in a Manhattan courtroom, now a fallen giant, facing charges for one of the most massive financial scams the U.S has ever seen...

https://www.onmars.global/blog/from-penthouse-to-courthouse-the-downfall-of-crypto-mogul-sam-bankman-fried

03/10/2023

The San Francisco 49ers are making waves in the football world, recently edging out the Kansas City Chiefs as the top pick for Super Bowl glory. Their fantastic 4-0 streak, marked by at least 30 points in every victory and conceding a mere 58 points in total, has turned heads. It's worth noting, only the Buffalo Bills have managed a tighter defense...

https://www.onmars.global/blog/the-49ers-remarkable-4-0-start-puts-them-in-super-bowl-favorite-position

03/10/2023

Sphere Entertainment, a media and entertainment heavyweight, saw its shares skyrocket by 11% on Monday. This significant spike was hot on the heels of a triumphant debut weekend for their brand-new Las Vegas venue...

https://www.onmars.global/blog/sphere-entertainment-s-vegas-debut-rocks-stocks-with-u2-performance

03/10/2023

In a recent twist, a New Jersey appellate court scrapped a whopping $223.8 million judgment against pharmaceutical giant Johnson & Johnson. The case centered around four individuals who believed that their cancer was a direct result of asbestos exposure from J&J's talc powder products...

https://www.onmars.global/blog/johnson-johnson-dodges-223-8m-bullet-new-jersey-appeals-court-overturns

02/10/2023

Has the "Swift Effect" become the NFL's new secret weapon for skyrocketing ticket sales? Taylor Swift's surprise visits to NFL games have set tongues wagging not just about a budding romance with star player Travis Kelce, but also about the unexpected boost in sports ticket demand...

https://www.onmars.global/blog/the-swift-effect-taylor-s-touchdown-impact-on-nfl-sales

02/10/2023

The renowned German footwear brand, Birkenstock, is strutting its way to the New York Stock Exchange, aiming for a dazzling $9.2 billion valuation for its upcoming IPO. This big move involves a sale of around 32.26 million shares, each with a price tag hovering between $44 and $49...

https://www.onmars.global/blog/birkenstock-strides-towards-a-9-2b-nyse-debut

02/10/2023

China's fervent demand for major commodities is not just breaking records, but also the predictions of financial bigwigs like Goldman Sachs. This booming desire for commodities such as copper, iron ore, and oil has surpassed expectations, with year-on-year growths of 8%, 7%, and 6% respectively...

https://www.onmars.global/blog/china-s-green-economy-drives-a-demand-surge-in-essential-transition-metals

02/10/2023

The push towards renewable energy is stronger than ever, with technologies like solar, hydropower, and biofuels leading the charge in our mission to abandon carbon-heavy methods. However, making the switch isn't merely about having the latest tech. It's also about big bucks, as noted by S&P Global’s Vice Chairman, Dan Yergin...

https://www.onmars.global/blog/renewable-energy-s-financial-hurdle-investors-rethink-esg-commitments

02/10/2023

Despite the turbulence FTX experienced, many of its customers aren't willing to give up on the world of cryptocurrency. A recent documentary showcased personal tales of those impacted by FTX's downfall, emphasizing unwavering faith in the industry...

https://www.onmars.global/blog/ftx-fallout-from-chaos-comes-conviction-in-crypto-s-potential

02/10/2023

The Big Apple saw quite the spectacle as former US President Donald Trump took the stage, not at a political rally, but at a New York City court to face allegations of civil fraud. This wasn't just about him – his eldest sons, a handful of Trump Organization executives, and their companies were also in the limelight, accused of indulging in fraudulent practices for years...

https://www.onmars.global/blog/trump-s-big-apple-legal-showdown-from-white-house-to-courthouse

01/10/2023

Once a dominant force in the gaming world, FaZe Clan, which began its journey on YouTube in 2010 with Call of Duty gameplay, is now facing a storm. Its impressive journey from a gamer group to an esports powerhouse and "digital-native lifestyle and media platform" has been commendable, but recent events have cast a shadow over its future...

https://www.onmars.global/blog/faze-clan-s-stock-market-rollercoaster-from-billion-dollar-valuations-to-a

01/10/2023

European stocks took an upward trajectory this Friday, painting a slightly brighter end to a rather gloomy month and an even darker quarter. The illustrious Stoxx 600, the barometer of Europe's stock health, nudged up by a modest 0.5%....

https://www.onmars.global/blog/european-stocks-rise-yet-mark-worst-quarter-in-a-year

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