Business
Arm Storms Public Markets with $60B+ Valuation
British chipmaker Arm made a resounding entrance into the public markets on Thursday, igniting excitement among investors and analysts alike. The company’s shares surged, marking...
Game-Changing Tesla Innovation Redefines EV Production
In a groundbreaking move poised to revolutionize the electric vehicle (EV) industry, Tesla has amalgamated an innovation aimed at drastically reducing production costs. This development,...
AMC Secures $325.5 Million in Equity Capital, Stock Surges 9%
AMC (AMC) stock surged by as much as 9% during early trading on Thursday, following the announcement by the theater chain that it successfully secured...
Navigating Challenges: Dollar General Emphasizes Value
Dollar General, a cornerstone in the realm of discount retail, is setting its sights on delivering even greater value to its shoppers, acknowledging the hurdles...
Lowe’s DIY Customers Trend: Experiences Trump Projects
Lowe’s (LOW) do-it-yourself (DIY) customers are changing their spending habits, favoring experiences over home improvement projects, according to statements from the company’s CEO, Marvin Ellison....
American, Spirit Airlines Stocks Slide Due to Economic Shifts
In early trading on Wednesday, American Airlines (AAL) and Spirit Airlines (SAVE) witnessed a dip in their respective stock values following a revision of their...
Apple Launches iPhone 15: USB-C Ports and Pro-Level Features
In a highly anticipated announcement, Apple launched its latest offerings, the iPhone 15 and iPhone 15 Pro, on Tuesday. These flagship devices bring significant enhancements,...
Intel Sells 10% Stake in IMS Nanofabrication to TSMC for $4.3B
Intel Corporation, a leading chipmaker, announced on Tuesday a groundbreaking agreement to sell a 10% stake of its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing...
Instacart Public Market Debut, Valuation Estimated at $9.3B
Instacart, the popular grocery delivery platform, is poised to make its public market debut next week, according to a filing released on Monday. The filing...
Smurfit Kappa and WestRock in $20B Mega-Merger
In a historic move, Europe’s leading paper and packaging producer, Smurfit Kappa, and its U.S. counterpart, WestRock, have inked a monumental merger agreement, propelling them...