Tag: Business
Top Black Friday Deals on Meta, Rabbit, and Bee AI Products: Must-Have Gadgets Missing
Generative artificial intelligence (GenAI) technology has been making waves in Silicon Valley, promising exciting new gadgets and gizmos for consumers. However, the reality is...
Inflation Gauge Rises to 2.3% Annually: Fed’s Preferred Target Met
Inflation has increased to 2.3% annually, hitting the Federal Reserve's preferred target as reported by the Commerce Department on Wednesday. The personal consumption expenditures...
Drone Maker Unusual Machines Skyrockets Over 90% as Donald Trump Jr. Joins Advisory Board
Unusual Machines, a small U.S. drone and drone component maker, experienced a significant surge in its share price of over 90% in premarket trading...
OpenAI Secures $1.5 Billion Investment from SoftBank, Allowing Employee Share Sales
OpenAI, a leading AI startup, is making headlines with its recent $1.5 billion investment from SoftBank, allowing employees to sell their shares in a...
Interest Rate Cuts Expected Gradually According to Fed Meeting Minutes
Federal Reserve officials recently discussed the state of the economy and the labor market during their November meeting, as reflected in the meeting minutes...
Trump’s Treasury Pick Bessent Boosts U.S. Stock and Bond Markets
After President-elect Donald Trump announced his pick for Treasury secretary, Scott Bessent, the U.S. stock market and bond markets reacted positively. Bessent, the founder...
Intuit Stock Plummets on Missed Quarterly Revenue Forecast
Intuit, a finance software company, saw a decline in its stock by 6% in after-hours trading due to a missed quarterly revenue forecast. The...
Bitcoin Price Surges Towards $100,000 Amid Record-Breaking Rally
Bitcoin has hit a new all-time high, surging past the $99,000 level for the first time. This increase comes as investors are speculating on...
Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss
Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...
Adani Group Responds to New York Fraud and Bribery Allegations
Adani Group, a prominent company in India, has recently faced serious allegations of bribery and fraud by U.S. authorities. The chairman of the group,...