Business
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...
Q1 Earnings of Oracle Miss Targets, Stock Falls 13%
Oracle Corporation (ORCL) witnessed a significant downturn in its stock prices, plummeting by as much as 13% on Tuesday, following a fiscal first-quarter (Q1)earnings report...
TSMC Commits $100 Million Investment in Arm Holdings IPO
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s preeminent contract chipmaker, has announced its commitment to invest up to a staggering $100 million in Arm Holdings...
Arm Holdings IPO Orders 10x Oversubscribed, Closing Early
In a fervent display of investor interest, Arm Holdings Ltd.’s initial public offering (IPO) has surged to ten times oversubscription, insiders familiar with the matter...
RH Stock Slides 15% on Housing Market Warning
Luxury furnishings retailer RH (formerly known as Restoration Hardware) witnessed a significant downturn in its stock price, plummeting as much as 15% on Friday, which...
Arm Holdings IPO Sees Six-Fold Surge in Investor Demand
Arm Holdings Ltd, the renowned chip designer under the ownership of SoftBank Group Corp, is experiencing a surge in investor interest, with demand for its...
