Finance
September Arrives: Will the Market Celebrate a Fifth Consecutive Winning Month?
Nervous September ahead after Strong August, After a month filled with ups and downs, the S&P 500 index (GSPC) has closed August with its fourth...
Intel Plans Major Overhaul to Cut Costs and Refocus
Gelsinger to Present Plan to Board in Mid-September  – Intel CEO Pat Gelsinger and his team are gearing up to present a restructuring plan to...
Berkshire Hathaway Planning a Stealthy Exit from Bank of America?
Berkshire Hathaway’s Bank of America Stake Shrinks – Warren Buffett’s Berkshire Hathaway Inc. is getting close to a point where it won’t need to quickly...
Electric Success: Tesla’s Chinese Sales Rise While Overcoming Market Hurdles!
Tesla’s China Sales Rise in August Despite Layoffs – Tesla’s sales of China-made electric vehicles (EVs) increased by 3% year-over-year in August. This data comes...
Stocks Rise as Fed Rate-Cut Hopes Brighten: Dow, S&P 500, Nasdaq End August on a High Note
US Stocks – August Overview U.S. stocks ended a turbulent week and a volatile August on a high note. The latest reading of the Federal...
Crypto Market Decline: $178 Million in Liquidations as Bitcoin Struggles
Crypto Market Sees Sharp Decline The crypto market experienced a sharp decline on Friday, with the total market capitalization dropping 4% from the previous day....
Could Rising Oil Production and Potential Rate Cuts Lead to Falling Prices?
Will Oil Prices Drop as Production Increases? – OPEC+ is moving ahead with its plan to increase oil output in October. Despite sluggish demand, the...
Elastic Q2 Earnings Beat Estimates, But Lower Revenue Guidance Weighs on Shares
Elastic Reports Strong Q2 Earnings Results but Lowers Revenue Outlook Elastic (NYSE: ESTC), a search software company, reported its Q2 CY2024 earnings results, surpassing analysts’...
Intel Considers Major Restructuring Amid Difficult Period
Intel Considers Major Restructuring – Intel Corporation (NASDAQ: INTC) is exploring significant changes as it faces challenges. The company is reportedly working with investment bankers to...
Paltalk Awarded $65.7M in Patent Case Against Cisco, But Stock Dips
Paltalk Wins $65.7 Million Verdict Against Cisco Paltalk Holdings announced on Friday that it has been awarded $65.7 million in damages in a patent lawsuit...
