Editor’s Picks
Mixed Stock Market Performance Despite Oil Highs
In a volatile trading session on Wednesday, the stock market exhibited erratic performance as major indices grappled with conflicting factors. The S&P 500, Dow Jones...
Americans See Credit Scores Rise Amidst Relief Measures
Americans have experienced a notable surge in their credit scores over the past three years, with an average increase of 15 points. Individuals with previously...
Epic Games Pushes for Supreme Court Review of Apple Case
In a pivotal move on Wednesday, Epic Games, the developer behind the popular game Fortnite, petitioned the US Supreme Court to scrutinize an ongoing antitrust...
H&R Block, Meta, Google Face Class-Action Spyware Lawsuit
In a proposed class-action lawsuit, Google (GOOG, GOOGL), Meta (META), and H&R Block (HRB) stand accused of illicitly collaborating in the use of spyware to...
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...
Goldman Sachs: 90% Odds of Imminent Government Shutdown
As the September 30th funding deadline approaches, economists at Goldman Sachs have issued a stark warning, estimating a 90% likelihood of a government shutdown in...
Gensler: Government Shutdown Threatens SEC Operations
The Chair of the Securities and Exchange Commission (SEC), Gary Gensler, issued a stark warning to Washington lawmakers on Wednesday, emphasizing the potential consequences of...