Wealth
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...
Emerging Markets Decline Amid China’s Economic Struggles
Economic Woes in China Emerging markets faced a downturn on Monday. The decline occurred amid low trading volumes due to the US Labor Day holiday....
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...
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...
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...
Dell’s Shares Soar as AI-Powered Servers Boost Earnings
Dell Raises Revenue and Earnings Forecasts – Dell Technologies (DELL) saw its shares rise by 4% on Friday. This increase came from strong demand for...
Banks and Brokerages Face Scrutiny Over Interest Payments on Idle Cash
Banks Paying Low Interest on Idle Cash? – As interest rates remain high, banks and brokerages are facing intense scrutiny over how they manage customer...