RTX Manufacturing Flaw Threatens Airbus Jets
In a recent disclosure, US company RTX, formerly known as Raytheon, has unveiled a rare manufacturing flaw that could lead to the grounding of hundreds
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TSMC Commits $100 Million Investment in Arm Holdings IPO
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s preeminent contract chipmaker, has announced its commitment to invest up to a staggering $100 million in Arm Holdings
Arm Holdings IPO Orders 10x Oversubscribed, Closing Early
In a fervent display of investor interest, Arm Holdings Ltd.’s initial public offering (IPO) has surged to ten times oversubscription, insiders familiar with the matter
Google Antitrust Case: Justice Department Opening Salvo
The Justice Department made a resounding opening statement on Tuesday in a Washington courtroom, alleging that Google (GOOG, GOOGL) engaged in illegal practices to stifle
Oracle Cloud Sales Growth Slows, Raising Concerns
Oracle, a prominent software company, revealed on Monday that its cloud sales growth had decelerated in the latest quarter, raising concerns about the company’s expansion
Salesforce Launches Einstein Copilot: Tailored AI for Apps
In a strategic move aimed at redefining the landscape of enterprise software, Salesforce, a leading innovator in the industry, introduced its latest cutting-edge tool, Einstein
Federal Reserve Hints at Rate Pause, Stocks Edge Up
US stocks experienced a slight increase on Friday, as investors cautiously welcomed indications from Federal Reserve officials about a potential pause in maintaining the current
Housing Strain: July Sets Record for Highest Mortgage Payments
In a concerning development for the housing market, the average homebuyer grappling with their mortgage payment in July encountered the highest payments on record. This
Meta Faces Lawsuit Over Alleged Medical Privacy Violations
A U.S. federal judge has ruled that Meta Platforms, the parent company of Facebook, must confront a lawsuit accusing them of breaching the medical privacy
RH Stock Slides 15% on Housing Market Warning
Luxury furnishings retailer RH (formerly known as Restoration Hardware) witnessed a significant downturn in its stock price, plummeting as much as 15% on Friday, which
