Tech
Hedge Funds Trim Intel Shares Amidst Tech Surge
In the midst of a robust technology rally during the second quarter, hedge funds have been in a race to capitalize on the soaring market....
Amazon Earnings Rally Amid Tech Sector Struggles
Optimism radiates among analysts as Amazon.com Inc. emerges as a prominent victor in this season’s earnings arena. The e-commerce and cloud-computing titan’s stock has surged...
Ford Enlists Former Apple VP to Head Software Services
Ford Motor Company has made a strategic move by hiring Peter Stern, a former key executive from Apple Inc., to spearhead a groundbreaking venture in...
Mastercard Boosts MTN’s Fintech in $5.2B Valuation Deal
In a strategic move to tap into Africa’s burgeoning fintech sector, Mastercard Inc. has announced its agreement to acquire a minority stake in the financial-technology...
Investors Flock to U.S. Treasury Funds on Yield Appeal
U.S treasury funds and bonds have managed to defy lackluster economic projections and capture remarkable levels of investment attracting investors throughout 2023. According to insightful...
News Corp Outpaces Profit Estimates, Fueled by AI Growth
In a surprising turn of events, media mogul Rupert Murdoch’s News Corp announced on Thursday that it had exceeded its quarterly profit estimates, attributing the...
Cost-Cutting Surge: Tech Industry Slashes Capex to Fuel Remarkable Market Highs
In recent months, a wave of cost-cutting has swept through the tech industry, ushering in a surge in profits and stock values for major players....
Biden Restricts American Investment in Chinese Companies
In a significant move with far-reaching implications, President Biden unveiled his administration’s plan on Wednesday to prohibit American citizens from doing investment in select Chinese...
Alibaba Beats Analyst Estimates with Strong First-Quarter Performance Amidst Challenging Chinese Economy
Amidst a backdrop of economic challenges in China, Alibaba Group Holding has defied expectations by reporting impressive first-quarter revenue figures that surpassed analyst predictions. Despite...
WeWork Faces Survival Struggle Amid “Substantial Doubt” About Future
WeWork Faces Survival Struggle Amid “Substantial Doubt” About Future: WeWork, once the poster child of disruptive workspace innovation, has cast a shadow of doubt on...
