Stock Market
Higher Fuel Costs Impact US Airlines as Oil Prices Soar
As oil prices continue their upward trajectory across the globe, US airlines are grappling with the repercussions of increased fuel expenses in the third quarter...
Amer Sports Confidentially Files for US IPO
Amer Sports, the renowned sports equipment manufacturer behind iconic brands such as Wilson tennis rackets and Salomon ski boots, has made a confidential filing for...
Roku Announces Cost-Cutting Measures to Boost Profitability
Roku, the prominent streaming device manufacturer, has embarked on a mission to reduce costs by 10% through comprehensive cost-cutting measures, all in pursuit of achieving...
Stocks Open Lower on Wall Street Amid Inflation Doubts
Stocks on Wall Street opened lower on Wednesday, signaling the potential for another day of losses as persistent worries about inflation cast doubt on whether...
Wall Street Dips as Oil Prices Surge Amid Global Concerns
Wall Street traders returned from the long weekend to a new set of challenges on Tuesday, as oil prices surged to a yearly high, and...
Microsoft and CrowdStrike: Cybersecurity Clash Heats Up
The cybersecurity landscape is witnessing a fierce battle for dominance between tech giants CrowdStrike (CRWD) and Microsoft (MSFT), with shares of the former surging 56%...
Jordan Brand Soars: Nears #2 Spot in North America, Boosts Nike
Jordan Brand, the iconic sneaker and apparel line created in partnership with NBA legend Michael Jordan and Nike (NKE) back in 1997, continues to achieve...
SoftBank’s Chip Designer Arm Targets Record $52 Billion IPO
SoftBank’s chip designer, Arm, is gearing up for a monumental initial public offering (IPO), with aspirations of achieving a valuation surpassing $52 billion. In a...
Warner Bros Discovery Faces Profit Hit Amid Strike
Hollywood is grappling with a dual work stoppage, involving both writers and actors, which has brought the entire industry to a grinding halt. This crippling...
Wall Street Stocks Slide as China Concerns Resurface
Wall Street stocks experienced a downward shift on Tuesday morning, as traders reconvened after a long weekend to confront fresh data that suggests the economic...