Business
Hedge Funds Trim Intel Shares Amidst Tech Surge
In the midst of a robust technology rally during the second quarter, hedge funds have been in a race to capitalize on the soaring market....
VinFast Auto Shares Surge 255% on Nasdaq Debut
In a whirlwind entry onto the Nasdaq Global Select Market, VinFast Auto Ltd., despite facing a litany of operational issues and unfavorable reviews for its...
Target Cuts Profit Outlook Amid Economic Uncertainties
Target Corporation (NYSE: TGT) finds itself navigating a challenging terrain as the company slashes its full-year profit outlook, citing concerns about a sluggish economy, rising...
Linear TV Viewership Slips Below 50%, Streaming Soars
In a significant shift that underscores the changing landscape of television consumption, linear TV viewership fell below the 50% mark for the first time in...
Fisker to Gain Access to Tesla Supercharger Network in 2025
Fisker Inc. (FSR), the prominent electrified vehicle (EV) manufacturer, has revealed its plans to become part of the Tesla (TSLA) Supercharger network, with integration scheduled...
Tesla Electrifies Market with Affordable ‘Standard Range’ Models
In a bold move that has left the electric vehicle (EV) market abuzz, Tesla has recently unveiled its latest offerings: the “Standard Range” models of...
Controversy’s Grip: Bud Light Sales Decline Accelerates to 26.5%
In a concerning setback for Anheuser-Busch InBev, sales of its flagship Bud Light brand continue to decline, with new Nielsen data revealing a grim picture...
US Consumer Momentum: July Retail Sales Outperform Forecasts
In a remarkable display of strength, July retail sales in the United States surged past Wall Street projections, showcasing the unwavering resolve of the American...
China Evergrande Shares Surge 50% on $3.2B Revamp
In a significant turn of events, China Evergrande New Energy Vehicle Group (NEV) witnessed a remarkable surge of nearly 50% in its shares on Tuesday....
Market closing: S&P 500 and Nasdaq Rally as Tech Bounces Back
U.S. stocks surged higher on Monday, propelled by a remarkable uptick in technology shares, as Wall Street aimed to recover from a challenging start to...