Apple Inc. experienced two downgrades on Friday after its quarterly results highlighted ongoing concerns about tariffs and the company’s growth prospects. Jefferies reduced the stock rating to underperform, […]
A Century of Stock Market Crashes Offers Insights Into S&P 500’s Resurgence
An analysis of 100 years of stock market crashes provides context for the S&P 500’s remarkable recovery. Historically, market downturns have been followed by rebounds, driven by factors […]
Co-op Admits Cyber Attack Compromised Customer Data
The Co-op has admitted that a cyber attack compromised customer data after hackers contacted the BBC with proof of their infiltration. The hackers, identifying as DragonForce, claim to […]
Kohl’s CEO Dismissed Over Conflict of Interest
Kohl’s CEO Ashley Buchanan was terminated after an investigation revealed he had directed the company into business transactions involving undisclosed conflicts of interest. The investigation, conducted by an […]
Profits Decline for Exxon Mobil and Chevron Amidst Lower Energy Demand
Exxon Mobil reported its first-quarter profit as the lowest in years, impacted by weaker crude prices and higher costs. The oil and gas giant earned $7.71 billion, or […]
DOJ Seeks Breakup of Google’s Ad Business
The Department of Justice (DOJ) is pushing for a breakup of Google’s ad business following a court ruling against the tech giant. U.S. District Judge Leonie Brinkema has […]
EU Ruling on TikTok Highlights Data Privacy Concerns with China
The EU’s privacy regulators have taken a significant step against Beijing’s surveillance laws by issuing a ruling that could disrupt data flows between Europe and China. Ireland’s privacy […]
Beijing Considers Fentanyl Offer to U.S. to Initiate Trade Talks
According to exclusive reports, Beijing is weighing the possibility of offering a Fentanyl deal to the U.S. in order to commence trade negotiations. This move could be a […]
Steady Hiring in April Reinforces Fed’s Patient Stance on Interest Rates
In April, steady hiring numbers were reported, reinforcing the Federal Reserve’s stance of being ‘patient’ regarding interest rate cuts. A solid jobs report has aligned with the Fed’s […]
Nvidia Developing China-Specific Chips Amid US Export Restrictions
Nvidia is reportedly working on new China-tailored chips following U.S. export restrictions, according to a report by The Information. During a trip to Beijing, Nvidia CEO Jensen Huang […]