Share Sale News Causes 20% Decline in AMC Stock Price
AMC Entertainment witnessed a sharp decline of over 20% in its stock price on Wednesday morning, following the company’s announcement of its intention to issue...
Roku Stock Surge by 14% on Cost-Cutting Measures
Roku Inc experienced a meteoric surge in its stock price, soaring as much as 14% in early trading on Wednesday. This unexpected surge followed the...
Cummins, Daimler, PACCAR Join Forces for U.S. Battery Venture
Accelera, a zero-emissions subsidiary of Cummins, along with Daimler Trucks & Buses US Holding and PACCAR, announced on Wednesday the establishment of a groundbreaking joint...
Higher Fuel Costs Impact US Airlines as Oil Prices Soar
As oil prices continue their upward trajectory across the globe, US airlines are grappling with the repercussions of increased fuel expenses in the third quarter...
Amer Sports Confidentially Files for US IPO
Amer Sports, the renowned sports equipment manufacturer behind iconic brands such as Wilson tennis rackets and Salomon ski boots, has made a confidential filing for...
Roku Announces Cost-Cutting Measures to Boost Profitability
Roku, the prominent streaming device manufacturer, has embarked on a mission to reduce costs by 10% through comprehensive cost-cutting measures, all in pursuit of achieving...
China’s Economic Slowdown, Potential Threat to US Economy
Despite successfully dodging the widely-predicted recession, the United States now faces a looming threat to its resilient economic performance as China’s economic slowdown comes into...
G7 and EU Maintain Russian Oil Price Cap Amidst Market Surge
The Group of Seven (G7) countries, alongside the European Union and Australia, reaffirmed their decision to impose a price cap mechanism on Russian oil and...
Stocks Open Lower on Wall Street Amid Inflation Doubts
Stocks on Wall Street opened lower on Wednesday, signaling the potential for another day of losses as persistent worries about inflation cast doubt on whether...
Wall Street Dips as Oil Prices Surge Amid Global Concerns
Wall Street traders returned from the long weekend to a new set of challenges on Tuesday, as oil prices surged to a yearly high, and...
