Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, has pledged to sell all of his business assets within 90…
Finance & Business
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Los Angeles municipal bondholders will not face payment disruptions despite ongoing wildfires, according to PIMCO, a major U.S. bond fund…
Apple Inc. has been downgraded again, this time by Oppenheimer, as concerns grow over weak iPhone sales. The downgrade lowers…
TikTok is running out of time. The U.S. government has given the app’s Chinese owner, ByteDance, until April 5 to…
VF Corp, the parent company of Vans, North Face, and Timberland, reported higher-than-expected revenue and profit for the third quarter,…
Semiconductor stocks in the U.S. and Europe rebounded for a second day after DeepSeek’s AI launch caused a major selloff…
High-Flyer, a Chinese hedge fund, built a $13.79 billion portfolio using AI. But in 2023, it shifted focus to creating…
Norway’s sovereign wealth fund, the world’s largest, reported a 13% return in 2024, adding $222 billion in profits, mainly due…
Norway’s sovereign wealth fund, the world’s largest, posted a record profit of $222 billion in 2024, driven by strong gains…
Nvidia shares soared nearly 9% on Tuesday, rebounding after a steep sell-off triggered by Chinese AI rival DeepSeek. On Monday,…
European stocks hit a record high on Wednesday, driven by strong earnings from ASML, the leading chip equipment maker. The…
Nvidia stock rebounded strongly, gaining 8.9% on Wall Street on Tuesday and rising 2.7% in early European trading on Wednesday.…
ASML shares jumped 8.7% in early Frankfurt trading on Wednesday after reporting better-than-expected Q4 bookings. The Dutch company, which is…
Nvidia shares saw a strong 8.82% increase, closing at $128.86 on Tuesday, following a sharp 17% drop the previous day.…
Nvidia shares rose 7% to $126.70 on Tuesday, partially recovering from a 17% drop the day before, which marked its…
Advanced Micro Devices (AMD) stock experienced a significant decline, falling by 7.58% to approximately $115.46. This sharp drop has raised…
Shares of quantum computing companies like D-Wave Quantum and Rigetti Computing experienced significant declines following the emergence of DeepSeek, a…
Netflix continues to dominate the streaming industry with impressive financial and subscriber growth. In 2024, the company added 19 million…
Netflix has cemented its place as the leader in the streaming industry, with nearly 302 million global subscribers as of…
The U.S. dollar strengthened against major currencies on Tuesday, following new tariff threats from the United States and concerns over…
Reid Hoffman, the co-founder of LinkedIn, has raised $25 million for his new AI startup, Manas AI, which focuses on…
Boeing announced a $3.8 billion loss for the fourth quarter of 2024, adding to its financial troubles since 2019. The…
Americans pay lower taxes than most developed countries, but this comes with some trade-offs. In 2023, total taxes collected in…
Boeing has reported a massive $11.8 billion loss for 2024, marking its worst financial performance since 2020. The company faced…
U.S. President Donald Trump revealed on Monday that Microsoft is in discussions to acquire TikTok, the popular social media app.…
Shares of Nvidia experienced a sharp 17% drop on Monday, marking its worst single-day loss since the start of the…
The world’s 500 richest people lost a staggering $108 billion on Monday as a tech-led selloff rocked global markets. The…
President Donald Trump announced plans to impose tariffs on U.S. imports of copper, aluminum, and steel, aiming to boost domestic…
Shares of major AI hardware companies, including Taiwan Semiconductor Manufacturing (TSMC), Marvell Technology (MRVL), and Arista Networks (ANET), saw sharp…
The US dollar strengthened on Monday after President Donald Trump announced plans for “much bigger” universal tariffs to boost domestic…