Intel’s Dow Jones Status in Jeopardy Intel, one of the two tech giants that joined the Dow Jones Industrial Average during the dot-com boom, is facing the prospect of being removed from the blue-chip index due to its struggling share […]
Intel’s Dow Jones Status in Jeopardy Intel, one of the two tech giants that joined the Dow Jones Industrial Average during the dot-com boom, is facing the prospect of being removed from the blue-chip index due to its struggling share […]
Right to Disconnect: Australia Leads the Charge In a groundbreaking move, Australia has become the latest country to pass a “right to disconnect” law, effective August 26th. This legislation empowers employees to disengage from work-related communications outside their designated working […]
Japanese Companies Barred from Using National Security Designation to Thwart Takeovers A senior finance ministry official in Tokyo has stated that Japanese companies cannot utilize a national security designation to impede foreign takeovers, dispelling speculation that Japan’s Foreign Exchange Act […]
Nvidia’s Earnings Surge, But Valuation Concerns Linger Nvidia’s fiscal second-quarter earnings report showcased remarkable growth, with revenue soaring by 122% year over year to $30 billion and earnings per share skyrocketing by 168% to $0.67. However, these impressive results appear […]
Warren Buffett’s Performance Amidst Rate Hikes Despite the Federal Reserve’s interest rate hikes initiated in March 2022, Warren Buffett’s Berkshire Hathaway has outperformed the S&P 500. While Buffett anticipates lower rates, certain stocks within his portfolio are poised to excel […]
ONEOK Acquires EnLink and Medallion in $5.9 Billion Deal ONEOK Inc., a US pipeline operator, announced a $5.9 billion transaction involving the acquisition of EnLink Midstream LLC and a controlling stake in Medallion Midstream. This strategic move strengthens ONEOK’s presence […]
iPhone 17: A Potential Upgrade Worth Waiting For While Apple is yet to unveil the iPhone 16 series, rumors suggest that the upcoming iPhone 17 may be a more compelling upgrade. According to a reliable Weibo leaker, known as ‘Mobile […]
Xpeng Launches Low-Priced Electric Vehicle in China In a move that poses a significant challenge to Tesla’s dominance, Chinese electric-vehicle manufacturer Xpeng has introduced the Mona M03, an affordable EV priced at 119,800 yuan (approximately $16,800). The vehicle’s base model […]
Hindenburg Research Discloses Short Position in AI Server Maker Super Micro Hindenburg Research, a short seller renowned for its impactful reports, has taken a short position in Super Micro Computer, alleging accounting manipulation at the AI server manufacturer. The move […]
Wall Street Hesitates Before Record Highs Wall Street stocks hover near record highs, buoyed by expectations of imminent Federal Reserve easing. However, investors remain cautious ahead of Nvidia’s quarterly earnings report on Wednesday, which looms as a potential test of […]
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