‘Minecraft’ Series Coming To Major Streaming Platform: Microsoft’s Hit Game Thrives
A new animated series based on "Minecraft" is in the works and will be released by a leading streaming company.
Fed’s Favorite Inflation Data Due Friday: How Could Markets React To Surprises?
The highly anticipated PCE price index, a key measure of inflation, will be released on Friday. Investors await the data, which could impact interest rates and asset prices.
What’s Going On With PayPal Stock On Thursday?
PayPal (PYPL) upgraded to Buy by Mizuho analyst with $90 price target due to potential for $1-1.5B transaction margin lift from new Fastlane product.
UBS Wealth Management Role Split In Executive Board Reshuffle
UBS Group AG (NYSE: UBS) announced changes to its executive board, including the appointment of Iqbal Khan as President of UBS Asia-Pacific and Rob Karofsky as head of the Americas, as the bank aims to streamline operations and focus on growth opportunities.
The Rich Get Richer: How One Billionaire Lost But Still Made Hundreds Of Millions
Peltz used his sizable position, and influence as an activist investor, to urge shareholders to oust CEO Bob Iger through a proxy battle.
EXCLUSIVE: ‘On-Device AI Revolution Is Fundamental,’ Says Qualcomm CFO
Qualcomm's CFO announced new on-device AI strategy at virtual event; efficient, cost-effective, and private, with new specialized chip for PCs.
Glencore Postpones Coal Spinoff Discussions Until Teck Deal Closes
The coal business has been one of Glencore's most profitable divisions, driving record returns in recent years.
Tech, Blue Chip Stocks Drop; Small Caps, Real Estate Rebound As Yields Ease; Solar Industry Shines: What’s Driving Markets Thursday?
Wall Street experienced another decline on Thursday, with major large-cap indices affected by a downturn in the tech and communication services sectors.
Investors shifted their focus to market areas that have underperformed compared to tech over the past year, such as small caps, real estate and solar stocks.
Major Cruise Operators Slash Summer Prices Despite High Demand – Here’s Why
Major cruise lines Royal Caribbean, Carnival, and Norwegian are cutting summer cruise prices to fill cabins amid rising demand and more ships in popular destinations. Caribbean and Alaskan itineraries see significant discounts, with prices dropping up to 21% for Caribbean cruises and up to 20% for Alaskan cruises compared to last year, according to AAA and Cruise Critic data.
Walmart’s Self-Checkout Glitch Leads to Widespread Mispricing
Walmart Inc (NYSE
) faced a major technical glitch in March, leading to mispricing across 1,600 stores. The issue, occurring on March 19, resulted in incorrect charges at self-checkout kiosks. Walmart acknowledged the problem, which stemmed from a system update failure, and reimbursed over 80% of affected customers. However, legal experts warn this incident may violate consumer protection laws.