Business
Costco Exceeds Q4 Projections Despite Wage Concerns
In a robust fiscal fourth quarter (Q4) performance, wholesale retail giant Costco (COST) surpassed Wall Street projections, though investor caution lingers over wage inflation and...
Meta Unveils AR/VR headsets and Ray-Ban Smart Glasses
Meta CEO Mark Zuckerberg took center stage at the Meta Connect conference on Wednesday, revealing two groundbreaking high-tech devices poised to reshape the digital landscape:...
Nike Q1 Results: Wall Street Anticipates Slowdown Impact
Athletic apparel giant Nike is set to unveil its fiscal first-quarter (Q1) results after Thursday’s market close, amid heightened investor scrutiny over consumer spending trends...
FTC vs Microsoft: Activision Blizzard Acquisition Rekindled
The Federal Trade Commission (FTC) has resurrected its legal challenge against the monumental $69 billion acquisition of gaming juggernaut Activision Blizzard by Microsoft. Filed on...
FTC Alleges Monopoly: Amazon Faces Antitrust Lawsuit
The US Federal Trade Commission (FTC) and 17 states have jointly filed a groundbreaking antitrust lawsuit against e-commerce behemoth Amazon (AMZN) on Tuesday, alleging the...
Amazon Enlists Ex-Microsoft Chief Panos Panay to Lead Alexa Unit
Former Microsoft product chief Panos Panay has been tapped to lead the beleaguered unit of Amazon overseeing its Alexa and Echo products. Amazon made the...
Micron Technology Report: Crucial Test for Investors
Micron Technology, a prominent memory chip-manufacturer, is poised to deliver a pivotal litmus test for investors seeking solace in the midst of a tumultuous tech...
Shares of Faraday Future Drop 30% on $90M Stock Offering News
Shares of Faraday Future Intelligent Electric (NYSE: FFIE) tumbled on Wednesday, as the beleaguered electric vehicle manufacturer revealed plans to raise up to $90 million...
Ford Motor Halts $3.5B Plant as Tesla Dominance Persists
Ford Motor has opted to halt progress on a slated $3.5 billion battery plant in Michigan, exemplifying a formidable challenge faced by the burgeoning competition...
Hyundai and Kia Recall 3.4 Million Vehicles Over Fire Risk
Hyundai and Kia have issued a recall for nearly 3.4 million vehicles across the United States due to concerns of engine compartment fires. The affected...
