Big Tech Soars, But Can Other Sectors Keep Up to Fuel Market Rally?
Since the start of the most recent stock market rise in October 2022, investors have taken it for granted that Big Tech will continue to expand.
Jun 10, 2024 03:36 AM EDT
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!["Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream](https://1695419552.rsc.cdn77.org/data/images/full/16949/roaring-kitty-disappoints-gme-slips-40-after-long-awaited-livestream.jpeg)
"Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream
Keith Gill, also known as "Deep-------Value" on Reddit and as "Roaring Kitty" on X and YouTube, conducted his first livestream after the three-year-old meme stock craze.
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Buy Gold Bars at Costco? Why Guns, Gold, and Hard Assets Go Viral
The numbers show that when the going gets tough, Americans get to buying guns and gold. Signs of this gold rush might even be found amongst something as commonplace and red, white, and blue as Costco's floor-to-ceiling pallets of bulk household products and its $1.50 hotdog line. But the gold's origins are not so red, white, and blue.
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Tech Titans Urge Senate: The Case for a TikTok Ban
Recently, Vinod Khosla, a luminary in venture capitalism, alongside Jacob Helberg, a senior advisor at Palantir, escalated the discourse by penning a compelling open letter to the U.S. Senate. Their message? It's time for a TikTok Ban.
Latest News
Burberry posts ‘lackluster’ results
UK luxury fashion retailer Burberry posts lackluster set of results for its second half following an impressive result in the third quarter, a retail analyst stated.
Apr 30, 2017 09:56 PM EDT
Amazon acquires e-commerce platform Souq.com
Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."
Mar 29, 2017 10:40 AM EDT
American Airlines to buy $200 million worth of shares in China Southern
The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.
Mar 28, 2017 11:51 AM EDT
Qatar pushes £5 billion UK investment despite Brexit
Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.
Mar 28, 2017 12:10 PM EDT
UK banks face new stress test scenario by the Bank of England
Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.
Mar 28, 2017 11:15 AM EDT
New pound coin's hidden security features, problems and availability
The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.
Mar 29, 2017 03:39 AM EDT
Starbucks lags behind Dunkin's performance
Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.
Mar 27, 2017 12:37 PM EDT
More big brands pull ads from YouTube
The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.
Mar 27, 2017 12:16 PM EDT
Investors pull out from US stock funds
Wall Street has been put on defensive mode ever since Donald Trump became the president of the United States. This led to investors pulling out $8.9 billion from US stock funds that ended on March 22 according to a research conducted by EPFR Global.
Mar 27, 2017 08:02 AM EDT
Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion
The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.
Mar 27, 2017 12:26 PM EDT
Toyota plans £240 million investment in Burnaston plant
Japanese automaker Toyota plans to invest £240 million in upgrading its car plant that makes the Auris and Aventis models.
Mar 26, 2017 10:50 PM EDT
Sears admits plan to avoid bankruptcy by selling brands may prove difficult
Sears Holdings Corp. admits overnight its ongoing survival is unlikely and its plan to avoid bankruptcy by selling off or licensing brands may prove difficult.
Mar 23, 2017 08:47 PM EDT