ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remote Shutdown Feature
ASML and TSMC can remotely shut down chipmaking machines if China invades Taiwan, raising concerns due to Taiwan's role in global production.
Jim Cramer Calls This Healthcare Stock A ‘Worthy Spec,’ Recommends Avoiding Canada Goose
Cramer recommends staying away from Canada Goose, even though it reported better-than-expected Q4 earnings.
Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Baidu Inc is expanding beyond its traditional search business by forming connections with US tech giants Apple and Tesla, focusing on AI and autonomous driving technologies.
Alibaba and Douyin Partner In Strategic Move to Dominate China’s Midyear Shopping Craze
Alibaba's Taobao and Tmall platforms are teaming up with Douyin to attract users for the Chinese shopping festival. AI is also being used to boost e-commerce.
Morgan Stanley, Eagle Materials, Axon Enterprise And More: CNBC’s ‘Final Trades’
On CNBC's “Halftime Report Final Trades,” Rob Sechan of NewEdge Wealth named Eagle Materials Inc.
Visa And Mastercard Under Scrutiny For Fee Increases In The UK – What’s On The Cards?
Britain's Payment Systems Regulator (PSR) found that Visa and Mastercard have increased fees on retailers without improving service quality. Over the past five years, fees rose by over 30%, adding over £250 million to UK business costs. Lawmakers are calling for more stringent oversight as 95% of U.K. card transactions use Visa or Mastercard, leaving businesses with little choice but to absorb the costs.
Tesla Shareholder Coalition Urges Other Investors To Reject Elon Musk’s $56B Pay Package, Calls For ‘Adequately-Focused’ Full-Time CEO
The group also recommends voting against the reelection of directors Kimbal Musk and James Murdoch.
Beyond Meat Faces Setback As Carl’s Jr. And Del Taco Drop Products: Report
Beyond Meat faces challenges as Carl's Jr. and Del Taco reportedly drop its plant-based beef due to declining sales. Most of Carl's Jr.'s 1,000+ locations stopped offering the Beyond Burger, initially launched in 2019. Del Taco also ceased Beyond Meat offerings in nearly 600 locations. Despite this, Beyond Meat is hopeful, banking on new product developments and pricing strategies to regain consumer interest.
Tesla’s Top Chinese Rival Rocked By Strike As Workers Protest Income-Cutting Work Schedule: Report
The main reason for the strike is reportedly the implementation of a four-shift system and a five-day, eight-hour work schedule.
Scaramucci Labels Meme Stock Mania Led By GME, AMC As ‘French Revolution Of Finance’ But Warns ‘Sober, Rational’ Investors To Be ‘Super Careful’
"So if you are a proletariat like me, you sort of like the revolutionary spirit of all this," Scaramucci said.