Stock Market
MGM Resorts Faces $100M Loss in Cyberattack
Last month, MGM Resorts, a prominent casino conglomerate headquartered in Las Vegas, disclosed a significant data breach, deeming it a cyberattack, according to a regulatory...
Amgen Secures Horizon Therapeutics in $27.8B Acquisition
In a landmark move, biotechnology giant Amgen has finalized its acquisition of Horizon Therapeutics for a staggering $27.8 billion. The deal received the green light...
Bond Market Reacts to Rate Hike Concerns
The bond market experienced a renewed selloff in the wake of a significant surge in US hiring, heightening speculations that the Federal Reserve will opt...
TSMC Beats Q3 Estimates on Back of AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor manufacturing, demonstrated remarkable resilience in the third quarter (Q3), as demand for artificial intelligence (AI)...
Philips Sleep Apnea Devices Face FDA Testing Demand
In a significant development, Royal Philips NV, a prominent Dutch medical equipment manufacturer, has encountered a fresh setback as the US Food and Drug Administration...
Tesla Slashes Model 3 and Model Y Prices to Boost Demand
In a strategic move following disappointing third-quarter delivery figures, Tesla has announced substantial price reductions on its popular Model 3 sedan and Model Y SUVs....
Market Update: Wall Street Surges on Strong Jobs Report
Wall Street staged an impressive comeback on Friday, recovering from earlier losses after an unexpectedly robust US jobs report elevated expectations of an impending interest...
GlaxoSmithKline Raises £886 Million from Haleon Plc Share Sale
British pharmaceutical giant GlaxoSmithKline Plc (GSK) has successfully garnered £886 million ($1.1 billion) from its latest share sale in Haleon Plc, the consumer-health entity it...
Jobs Report Boosts Market in Rebound
The stock market experienced a rebound on Friday, recuperating from losses sustained in a single trading session, following the release of a robust US jobs...
Bond Market Plunge: Rates Surge Amid Selloff
The bond market experienced a rapid selloff as US businesses significantly expanded payrolls last month, surpassing expectations and propelling 10- and 30-year Treasury yields to...
