Business
Carnival Cruise: From Loss to $1.07B Q3 Profit
Carnival cruise announced a robust third-quarter (Q3) profit of $1.07 billion, equivalent to 79 cents per share, marking a remarkable rebound from last year’s loss...
Costco Gold Bars in High Demand, Selling Out Within Hours
When one thinks of Costco, images of bulk toilet paper and oversized televisions likely come to mind. However, Costco has been quietly making waves in...
JetBlue Airways Faces Q3 Revenue Challenges
On Thursday, JetBlue Airways, a major US carrier, issued a cautionary statement regarding its third-quarter (Q3) revenue, indicating that it was likely to land at...
Kraken Dives into Listed Stocks and ETFs Trading
In a strategic move to diversify its portfolio, cryptocurrency exchange giant Kraken is set to venture into the realm of traditional finance by offering trading...
OpenAI and Jony Ive Forge Historic Alliance for AI Breakthroughs
OpenAI, renowned for its creation of chatGPT, has entered into advanced discussions with former Apple design luminary Jony Ive and SoftBank’s CEO, Masayoshi Son, with...
Jefferies Financial Group Sees Modest Q3 Rise
Jefferies Financial Group (JEF) has reported its first quarterly surge in investment banking revenue since the close of 2021, indicating a potential upswing in dealmaking...
CarMax Reports Lower Quarterly Profits
CarMax, a prominent player in the preowned car market, reported a dip in its quarterly profits on Thursday, attributing it to a waning demand for...
Ryan Cohen Takes Helm as GameStop CEO
GameStop (GME), the prominent video game distributor and a darling of the meme stock frenzy, has announced the appointment of Ryan Cohen as its new...
Epic Games Pushes for Supreme Court Review of Apple Case
In a pivotal move on Wednesday, Epic Games, the developer behind the popular game Fortnite, petitioned the US Supreme Court to scrutinize an ongoing antitrust...
H&R Block, Meta, Google Face Class-Action Spyware Lawsuit
In a proposed class-action lawsuit, Google (GOOG, GOOGL), Meta (META), and H&R Block (HRB) stand accused of illicitly collaborating in the use of spyware to...
