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Netflix's stock price surged by 11% after the company reported better-than-expected earnings for the third quarter. The co-founder of Netflix, Reed Hastings, was pleased with the results, which showed earnings per share of $5.40...

Stellantis, the multinational automaker, has recently announced its decision to close and sell its large vehicle proving grounds in Arizona by the end of this year. The move is part of the company's ongoing...

CVS Health Corporation made a significant announcement on Friday, appointing David Joyner as the new CEO of the company. Joyner, who previously served as the executive vice president and president of pharmacy services at...

Intel Corporation, under the leadership of CEO Pat Gelsinger, is considering selling a minority stake in its Altera unit to raise much-needed cash for the struggling chipmaker, according to sources familiar with the matter....

Lucid Motors, an electric vehicle startup, recently saw its stock plummet by more than 10% in after-hours trading. This drop followed the company's announcement of a public offering of approximately 262.5 million shares of...

Billionaire investor Stanley Druckenmiller recently admitted that selling his stake in Nvidia earlier this year was a major mistake. During an interview with Bloomberg, Druckenmiller confessed that he sold all his Nvidia shares when...

The hype surrounding solid-state batteries for electric vehicles (EVs) has been prevalent, with experts touting them as a game-changer in sustainable driving. These batteries, which utilize a solid electrolyte instead of a liquid one,...

Amazon Web Services, a subsidiary of Amazon that specializes in cloud computing, is making a significant investment of over $500 million in nuclear power. This investment is aimed at supporting the increasing need for...

United Airlines recently announced that it has initiated a $1.5 billion share buyback program following a period of strong earnings and anticipated robust results for the final quarter of the year. The airline expects...

A political action committee supporting former President Donald Trump has raised about $7.5 million in cryptocurrencies. Contributors to the Trump 47 joint fundraising committee donated bitcoin, ether, XRP, tether, and USDC to the GOP...

Shares of semiconductor equipment maker ASML took a significant hit on Tuesday, dropping by 15.6% following the release of disappointing sales forecasts. The Dutch company revealed that it expects net sales for 2025 to...

Bank of America's third-quarter profit and revenue exceeded expectations due to strong trading results. The company reported earnings of 81 cents compared to the estimated 77 cents and revenue of $25.49 billion versus the...

Federal Reserve Governor Christopher Waller recently expressed caution regarding future interest rate cuts during a Fed Listens event in Washington, D.C. He mentioned that upcoming rate cuts might not be as aggressive as the...

Nvidia, the renowned chipmaker company, has broken records with a market capitalization exceeding $3.4 trillion. The company's shares closed at an all-time high of $138.07, marking a 2.4% increase from the previous peak. This...

Democratic vice president and U.S. presidential nominee Kamala Harris revealed a new plan to support Black men with an "Opportunity Agenda." The proposal includes offering 1 million forgivable loans to Black entrepreneurs and creating...

The Nobel Committee announced the winners of the 2024 Nobel Prize in Economic Science during a press conference at the Karolinska Institute in Stockholm, Sweden, on October 14, 2024. This year, the prestigious award...

Offshore wind power is gaining momentum in the U.S., with the South Fork Wind farm off the coast of Montauk, New York, leading the way as the first commercial-scale offshore wind farm in the...

SpaceX made a significant achievement by successfully completing the fifth test flight of its Starship rocket and landing the booster in a dramatic catch on October 13, 2024. This milestone brings the company closer...

Would you go to great lengths for your dream home? Would you consider moving to another country or transforming an unconventional space into a luxurious living area? For many Americans featured in a recent...

Elon Musk is well on his way to becoming the world's first trillionaire by 2027, as reported by Informa Connect Academy. Starting with a net worth of $28.5 billion in 2020, Musk's wealth skyrocketed...

The former US trade representative, Robert Lighthizer, has reportedly been discussing the possibility of implementing significant tariffs under a potential second term of President Donald Trump. Lighthizer has been meeting with investor groups and...

China's Finance Minister, Lan Fo'an, hinted at the possibility of increasing the deficit during a press briefing on Saturday. He mentioned that there is room for a deficit increase, and discussions are ongoing regarding...

The Federal Reserve has been striving to reach its 2% inflation target, and recent data suggests that it may be getting closer to achieving that goal. Both consumer and producer price indexes for September...

Boeing, a major aircraft manufacturer, is facing some tough times ahead. The company recently announced that it will be cutting 10% of its workforce, which amounts to approximately 17,000 employees. This decision comes as...

In September, wholesale prices remained stable, indicating a slowdown in inflation, according to a report by the Labor Department. The producer price index, which measures the prices received by producers for their goods and...

Tesla recently showcased its latest innovation, the "Cybercab," in Burbank, California. However, the stock of the electric vehicle manufacturer took a hit as investors were not impressed by the unveiling event led by CEO...

Falling interest rates can have a significant impact on banks, both large and small. When the Federal Reserve cuts its benchmark rate, it can signal a turning point in the economy and create opportunities...

Lisa Su, CEO of Advanced Micro Devices (AMD), gave a keynote speech at Computex 2024 in Taiwan on June 3, 2024. During the event, AMD announced the launch of a new artificial intelligence chip...

In September, the inflation rate in the United States exceeded expectations, reaching 2.4%. This increase was driven by a 0.2% rise in the consumer price index, pushing the annual inflation rate above the forecasted...

Seven & i Holdings, the parent company of 7-Eleven, has recently announced significant changes to its earnings forecast and corporate structure in an effort to drive growth and streamline operations. The company has revised...

Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio recently announced that they would be distancing themselves from Starboard Value's activist campaign at the pharmaceutical company. This decision comes shortly after news of the...

Federal Reserve officials met in September to discuss interest rates and ultimately decided on a half-point cut in an effort to balance inflation and the labor market. This decision was not made lightly, as...

FTC Chairwoman Lina Khan recently testified during a hearing concerning the Federal Trade Commission's budget for 2025. However, CVS Health and UnitedHealth Group are now calling for Khan and two other commissioners to step...

Boeing workers in Everett, Washington went on strike recently after rejecting a contract offer from the company. This strike is the first in 16 years and has halted manufacturing at Boeing's Seattle hub. The...

The U.S. Department of Justice is considering the possibility of breaking up Google as an antitrust remedy after a recent ruling confirmed the tech giant's monopoly in the search market. The Department made recommendations...