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
"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.
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.
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
US oil output set to break records in 2018
The EIA has ramped up its US forecasts and predicts daily domestic oil output of 9.2 million barrels for this year and 9.7 million barrels in 2018.
Mar 09, 2017 09:04 AM EST
China gives preliminary approval for dozens of Trump-related trademarks in businesses
Trump's lawyers in China say the business is simply trying to protect Trump trademark from anyone who might try to use the name to its advantage.
Mar 09, 2017 09:04 AM EST
Samsung expands manufacturing in the US to produce home appliances
The South Korea-based technology giant will spend at least $300 million on the manufacturing project and is already discussing plans with five states.
Mar 09, 2017 09:05 AM EST
General Motors lays off 1,100 employees in Lansing plant
The workers keeping their jobs now are still safe from any employment actions as General Motors just invested $583 million in the plant.
Mar 08, 2017 08:55 AM EST
Snapchat parent company's IPO gains just disappeared
Analysts are concerned over Snapchat's sudden growth, valuation and hype for the past weeks and claim its IPO gains as overpriced.
Mar 08, 2017 08:54 AM EST
Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses
French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.
Mar 07, 2017 09:42 AM EST
German tycoon Schlecker faces fraud trial with family
Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.
Mar 07, 2017 09:42 AM EST
Luxury automakers drive online sales on Tmall.com
China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.
Mar 06, 2017 05:58 AM EST
Sports Direct owner buys into lingerie brand Agent Provocateur
Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.
Mar 06, 2017 01:24 AM EST
Japan and Airbus welcome new agreement on industrial partnerships
Airline company Airbus welcomes new agreement on industrial partnerships with Japan.
Mar 06, 2017 01:05 AM EST
Mexico economy minister sets meeting with US automaker executives in trade push
Trump's threats and unpredictability drives Mexico to build support from companies and US states that rely on business on the south border.
Mar 03, 2017 10:25 AM EST
Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range
The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo.
Mar 03, 2017 09:42 AM EST