Business
Yellow Corp Files for Chapter 11 Bankruptcy, Blames Teamsters Union
Yellow Corp Files Bankruptcy Yellow Corp Files Bankruptcy: U.S. trucking firm Yellow Corp. filed for Chapter 11 bankruptcy protection on Sunday, attributing its financial woes...
PayPal Launches U.S. Dollar Stablecoin, Showers Confidence On Troubled Crypto Industry
PayPal Launches USD Stablecoin: Payments giant PayPal made a groundbreaking announcement on Monday, revealing the launch of a U.S. dollar stablecoin, becoming the first major...
Tyson Foods Misses Wall Street Expectations in Q3
Tyson Foods Misses Target: Tyson Foods Inc. faced a challenging third quarter of fiscal 2022 as it failed to meet Wall Street’s forecasts, grappling with...
Sage Therapeutics Stock Plummets Over 50% as FDA Denies Approval for Major Depressive Disorder Pill
Sage falls by 50% on Monday early trade: Sage Therapeutics Inc. experienced a dramatic setback on Monday as its stock price plunged by half during...
Alphabet Trims Holdings in Robinhood
Alphabet Trims Holdings in Robinhood: Google parent Alphabet has recently made significant adjustments to its investment portfolio, reducing its stakes in several publicly traded companies,...
Apple’s Hardware Slowdown Overshadows Another Record Quarter for Services, Resulting in 4% Stock Drop
Cupertino, California – Apple Inc., Apple Losing Market Value in today’s trade, the tech giant renowned for its innovative products and services, has achieved another...
US Economy Adds 187,000 Jobs in July as Labor Slowdown Persists
The US labor market continues to show signs of cooling as the economy added 187,000 new jobs in July, while the unemployment rate fell to...
Market Report: Stabilized Market Awaits Non-Farm Data Release
After experiencing fluctuations yesterday, the US stock market has stabilized today ahead of the much-awaited release of the non-farm payroll data on Friday morning. The...
US Stocks Slide on Fitch Credit Rating Downgrade, but Losses Less Severe than Expected
Wednesday’s trading session saw US stock losses accelerate in the morning following a credit rating downgrade of the US government by Fitch. The rating agency...
AMD Explores Tailored AI Chips for China Market Amid Export Curbs; Shares Tumble 7.68%
Shares of Advanced Micro Devices, Inc. (AMD) experienced a sharp decline in trading today, dropping by 7.68% to close at 108.57 USD. This comes despite...
