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
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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
Walmart Revamps Pay Structure, Signaling Labor Market Shift
Walmart (WMT) has implemented a significant shift in its pay structure, reflecting a notable transformation in the labor market, according to a company statement released
Unemployment Rate Peaks Amidst Labor Market Slowdown
The US labor market is exhibiting signs of deceleration, with job gains in the past three months falling below 200,000, marking a concerning trend, and
