WeWork CEO Steps Down As Office Space Company Emerges From Chapter 11
WeWork CEO David Tolley steps down as the company emerges from bankruptcy. A new CEO and board to be named.
Top 3 Materials Stocks That Are Set To Fly This Quarter
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The RSI…
Historic S&P 500 Rally In Q1 Flashes Bullish Signals For 2024: ‘Only The Ninth Time Since 1940’
The S&P 500 had a 10.6% total return in Q1, following a 22.3% gain since September. This historic streak is driven by strong earnings and economic resilience. Nasdaq predicts continued gains.
GlobalFoundries To Scoop $1.5 Billion In CHIPS Act Grants: What It Means For Semiconductor Sector
Around 170 companies have applied for grants from the Commerce Department, including Intel.
Palworld Makes History, Smashes Records As Biggest Xbox Game Pass Launch Ever
The game has seen a peak of nearly 3 million daily active users on Xbox, making it the most-played game on the platform at that time
Polestar Welcomes Geely Affiliate As Potential Shareholder, Partnership With Volvo Continues
The potential change in Polestar's ownership structure is being evaluated by Volvo Cars which could result in a redistribution of shares to its shareholders, with Geely Sweden Holding as the primary recipient.
Troubled Biotech Company’s Investigational Cancer Drug Gets Greenlighted By FDA
This development marks a significant milestone for 23andMe, a company that has been in the spotlight for security breaches in the past.
Bitcoin Miner Hut 8 Hits Back At Short Seller’s Pump-And-Dump Allegations
Bitcoin miner shares fell after short seller issued negative report about the company.
How AI Could Give Amazon, Google Much-Needed Boost In Gaming
Mobile is the biggest segment of the gaming market, with global revenue of $92 billion in 2022. Can Amazon and Alphabet compete?
Short Sellers’ Nightmare: $195B Evaporates In 2023’s Market Surge
Short sellers had a bad year, with bets on the Mag7 tech giants showing the worst losses.