Finance
WBD Plans $8.5B Investment in Nevada, Awaits Tax Credit Decision
WBD Investment in Nevada – Warner Bros. Discovery (WBD) is setting its sights on Southern Nevada for its next major expansion, with plans to establish...
Markets Pause as Rally Ends, Eyes on Powell’s Speech at Jackson Hole
After an impressive eight-day rally, U.S. stock markets took a step back on Tuesday, with all three major indexes closing in the red. The S&P...
Dingdong (Cayman) Ltd. Sees Short Interest Drop as Institutional Investors Boost Stakes
Dingdong (Cayman) Limited (NYSE:DDL) experienced a notable reduction in short interest in July, reflecting shifts in market sentiment and investor activity. As of July 31,...
Trump’s $2.6 Billion Trump Media Stake: To Sell or Not to Sell Amid Legal and Market Pressures
Donald Trump is on the brink of a critical financial decision. In just a month, the former president will gain the ability to sell portions...
Ginkgo Bioworks Executes One-for-Forty Reverse Stock Split and Charter Amendments Amidst Financial Challenges
Boston-based Ginkgo Bioworks Holdings (NYSE:DNA) has announced pivotal changes to its corporate structure with a one-for-forty reverse stock split and significant updates to its corporate...
XPeng Q2 Results: Sales Surge 60% but Stock Slides Amid Price Wars
Chinese electric vehicle (EV) maker XPeng Inc (NYSE: XPEV) reported robust fiscal second-quarter (Q2) results with a 60.2% year-on-year increase in sales, reaching 8.11 billion...
Utilities Outshine Solar Stocks in 2024 as Clean Energy Investors Pivot
Investors in the clean energy sector have faced significant challenges this year, with solar stocks suffering steep declines. However, the utilities sector has emerged as...
Gold Soars to Record High as Markets Anticipate Powell’s Jackson Hole Speech
Gold resumed its upward trajectory, reaching a new record high as markets’ participants eagerly await Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson...
Allurion Technologies Appoints Adrian Wild as SVP, Stock Soars
Allurion Technologies (NYSE: ALUR), a leader in the fight against obesity, announced today the appointment of Adrian Wild as Senior Vice President of International Commercial....
Wall Street Stocks Dip Slightly as Focus Shifts to Powell’s Fed Speech
Stocks on Wall Street opened slightly lower on Tuesday, taking a breather after an impressive eight-day rally, as investors brace for Federal Reserve Chair Jerome...