Streaming Services Struggle as Costs Rise and Churn Rates Soar
As the sun sets on the golden age of streaming, streaming services are grappling with the strains of escalating costs. According to recent data unveiled
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Macy’s Caution Signals Trouble for Consumers Retail Sector
Macy’s, the renowned American department store, has sent shockwaves across the retail sector with a cautionary note about the financial well-being of US consumers. This
Stock Value of Foot Locker Tumbles 34% After Dividend Freeze
Foot Locker (FL) witnessed a dramatic plummet in its stock value on Wednesday, with shares tumbling by a staggering 34% during early trading. The freefall
VinFast Shares Surge Over 100% Following Wall Street Debut, Igniting Investor Frenzy
VinFast, the Vietnamese electric vehicle manufacturer that made headlines with its blockbuster Wall Street debut last week, experienced yet another astonishing rally on Tuesday as
Zeekr Aims for $13B Valuation in U.S. IPO Drive
Zeekr, the premium electric vehicle (EV) brand under Chinese automaker Geely, is set to embark on a landmark journey with its US Initial Public Offering
Tesla Slashes German Plant’s Production Targets Amid Challenges
Tesla, the American electric car manufacturer, has made significant downward revisions to its production targets at its Gruenheide plant in Germany, according to an investigative
Peloton Stock Plunges 21% Amid Subscription Growth Slowdown
Peloton Interactive Inc. (PTON) encountered a substantial setback as its stock prices nosedived by 21% early Wednesday, reaching an all-time low. This plunge follows the
US Treasury Yields Ease Amid Euro Zone Data
In a much-awaited respite, the US Treasury 10-year yields have eased off their staggering 16-year highs on Wednesday, offering a momentary relief to beleaguered government
Upcoming Nvidia Earnings Report Sparks Interest
In a prelude to Wednesday’s trading session, stock market futures indicated a modest upturn in the United States, with market participants eagerly awaiting the forthcoming
Nasdaq Shines Amidst Mixed US Stock Market Close
The US stock market closed Tuesday’s trading session with a mixed performance, as the tech-focused Nasdaq Composite emerged as the sole major index to land
