Editor’s Picks
Farfetch Hit by US and China Demand Slump, Shares Drop
Shares of online luxury goods retailer Farfetch took a severe hit, plunging nearly 40% to an unprecedented low on Friday, following a tumultuous period of...
Instacart Gears Up for September IPO, Igniting US Listing Hopes
Instacart Inc., the San Francisco-based grocery-delivery company, is gearing up for its much-anticipated initial public offering (IPO), potentially set to take place as early as...
WeWork Aims to Bounce Back with Reverse Stock Split Tactic
In a strategic maneuver aimed at reclaiming compliance with New York Stock Exchange (NYSE) listing prerequisites, WeWork made a significant announcement on Friday confirming its...
China Evergrande Seeks U.S. Bankruptcy Protection
In a bold move amidst China’s escalating property crisis, China Evergrande Group, once a titan in the real estate industry, has sought refuge under the...
Robust Demand Propels Q3 Profits of Deere & Co to 60% Surge
Deere & Co, the renowned global leader in agricultural equipment manufacturing, has outperformed Wall Street projections for Q3 earnings, propelling its shares 1% higher in...
Dow Jones, S&P 500 Futures Decline; Nasdaq Follows Suit
Stock futures have taken a bleak turn, signaling a continuation of losses for Wall Street as the major indexes grapple with what is shaping up...
Nasdaq Plunges Over 1% as Tech Stocks Lead Market Retreat
The bearish sentiment continued to grip the US stock market for a third consecutive day on Thursday, as major indices registered declines amidst a backdrop...
Bitcoin Slides as Bond Yields Surge to 15-Year High
In a stark reflection of prevailing risk aversion, Bitcoin, the pioneering cryptocurrency, stumbled to a nearly two-month low, echoing the broader downward trend in the...
Mortgage Rates Surge Past 7% Mark, Hitting Two-Decade High
In a significant development, mortgage rates have experienced a surge beyond the 7% threshold this week, marking the highest point in over twenty years, as...
End of an Era: Microsoft Axes Xbox 360 Store and Marketplace
In a significant move that marks the end of an era for gaming enthusiasts, Microsoft Corporation has declared its intention to discontinue the Xbox 360...
