Global Archives - Page 27 of 441

2 minute read

Chevrolet Unveils Bold Plan To Overtake Tesla In The EV Market: ‘Puzzle Pieces Really Came Together Here’

May 17, 7:45 AM

Chevrolet revealed its ambitious strategy to outshine Tesla Inc. (NASDAQ:TSLA) in the electric vehicle market. What Happened: Chevrolet,…

2 minute read

JPMorgan’s Jamie Dimon Warns Of ‘A Lot Of Inflationary Forces’ Ahead, Predicts Higher Interest Rates

By Benzinga Neuro

May 17, 4:53 AM

Jamie Dimon, the CEO of JPMorgan Chase & Co, has voiced concerns about the persistent inflationary pressures in the U.S. economy. He suggests that these pressures may lead to a prolonged period of higher interest rates than what investors anticipate.

JPM

2 minute read

Former Facebook, Nike DEI Manager Entrusted With ‘Doing The Right Thing’ Gets Over 5 Years In Prison For $5M Fraud

By Benzinga Neuro

May 17, 1:51 AM

A former diversity manager at Facebook and Nike has been sentenced to over five years in prison for orchestrating a multi-million dollar fraud scheme.

NKE

2 minute read

Warning For Chinese Economy? Shoppers Fail To Keep Pace With Factory Output

By Benzinga Neuro

May 17, 1:08 AM

In April, China's retail sales growth decelerated while industrial activity remained robust, according to data released on Friday by the National Bureau of Statistics.

FXI

2 minute read

Key Apple Supplier TSMC’s 42% Stock Surge Prompts Weighting Limits For Some Funds: What You Need To Know

By Benzinga Neuro

May 16, 11:45 PM

The soaring stock of Taiwan Semiconductor Manufacturing has led to restrictions on single-stock exposure for some investors, potentially forcing them to seek alternative investments.

TSM

2 minute read

Stanley Druckenmiller Sells Off 72% Of Nvidia Stake, Bets Big On These Type Of Stocks

By Benzinga Neuro

May 16, 10:22 PM

Renowned investor Stanley Druckenmiller has significantly reduced his stake in Nvidia, indicating a shift in his investment strategy.

CPNG

2 minute read

David Tepper Bullish On China: Alibaba Now No. 1 Holding, Trimmed Stakes In Nvidia, Microsoft, Amazon, Meta, Google

By Surbhi Jain

May 16, 2:34 PM

David Tepper, billionaire hedge fund manager, bullish on China. Trimmed stakes in U.S. tech giants, added Alibaba, along with other China-based companies.

ADBE

2 minute read

Alibaba Shares Bounce Back Thursday: What’s Going On?

By Vaishali Prayag

May 16, 1:58 PM

Alibaba saw a rise in its shares Thursday afternoon after experiencing a decline on Tuesday following the release of its quarterly earnings report. Thursday's positive movement may be partly due to an X post from Citron Research.

BABA

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Francis Ford Coppola Spent $120M Self-Financing Passion Project: What The Gambit Could Mean For The Film Industry

By Hayden Buckfire

May 16, 1:01 PM

Director Francis Ford Coppola shot to international stardom in the 1970s with "The Godfather" and "Apocalypse Now." His self-financed film "Megalopolis" premieres at Cannes and faces distribution challenges.

AAPL

1 minute read

CoolCo Enters 14-Year Charter Party With GAIL (India) Limited For Newbuild LNG Carrier; Revenue Backlog Increased To $1.2B; Total Revenue Backlog Including Extensions To Almost $1.9B As Of March 31, 2024

By Benzinga Newsdesk

May 16, 8:42 AM

Charter increases CoolCo's total revenue backlog to almost $1.9 billionCool Company Ltd. (NYSE:CLCO, "CoolCo" or the "Company"))) announced today that it has entered into a 14-year Time Charter Party with GAIL (India)

CLCO