Editor’s Picks
FTC Alleges Monopoly: Amazon Faces Antitrust Lawsuit
The US Federal Trade Commission (FTC) and 17 states have jointly filed a groundbreaking antitrust lawsuit against e-commerce behemoth Amazon (AMZN) on Tuesday, alleging the...
Amazon Enlists Ex-Microsoft Chief Panos Panay to Lead Alexa Unit
Former Microsoft product chief Panos Panay has been tapped to lead the beleaguered unit of Amazon overseeing its Alexa and Echo products. Amazon made the...
China’s Cyberspace Administration Targets App Stores
In a significant move aimed at tightening control over its digital landscape, China’s Cyberspace Administration (CAC) has released a list of 26 mobile app stores...
Micron Technology Report: Crucial Test for Investors
Micron Technology, a prominent memory chip-manufacturer, is poised to deliver a pivotal litmus test for investors seeking solace in the midst of a tumultuous tech...
Shares of Faraday Future Drop 30% on $90M Stock Offering News
Shares of Faraday Future Intelligent Electric (NYSE: FFIE) tumbled on Wednesday, as the beleaguered electric vehicle manufacturer revealed plans to raise up to $90 million...
Strong Dollar, Historic Treasury Yields Propel Markets
The US dollar index (DX-Y.NYB) soared to its highest level since November on Tuesday, propelled by the US 10-Year Treasury Note yield (^TNX) surging to...
Oil Prices Surge 3% Amid Global Supply Concerns
Oil prices experienced a notable surge on Wednesday, reaching their highest intraday levels for the year. Both Brent and U.S. West Texas Intermediate (WTI) crude...
Ford Motor Halts $3.5B Plant as Tesla Dominance Persists
Ford Motor has opted to halt progress on a slated $3.5 billion battery plant in Michigan, exemplifying a formidable challenge faced by the burgeoning competition...
Aviation Industry at Risk Amid Government Shutdown
As the looming deadline for Congress to avert a government shutdown approaches, the potential fallout for travelers and the aviation industry hangs in the balance....
Hyundai and Kia Recall 3.4 Million Vehicles Over Fire Risk
Hyundai and Kia have issued a recall for nearly 3.4 million vehicles across the United States due to concerns of engine compartment fires. The affected...
