Global Payments Inc. finalized a $24.3 billion acquisition of Worldpay, acquiring stakes held by Fidelity National Information Services (FIS) and private equity firm GTCR LLC. This deal marks […]
Technology
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Taiwan Semiconductor Reports Strong Q1 AI Chip Sales Amid Tariff Concerns
Taiwan Semiconductor Manufacturing Company (TSMC) exceeded Q1 targets driven by robust AI chip sales, despite ongoing tariff uncertainties. The company’s profit surged, showing resilience against trade tensions. TSMC […]
Real Estate
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Zillow Updates 2025 Forecast, Predicting Decline in U.S. Home Prices
Zillow has updated its forecast model, projecting a decline in U.S. home prices by -1.7% between March 2025 and March 2026. This shift reflects growing concerns over housing […]
Uncategorized
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Shein and Temu Plan to Increase Prices for U.S. Customers Due to Tariffs
Shein and Temu are set to raise prices for U.S. shoppers starting April 25 due to tariffs imposed on goods from China. The 145% tariff, combined with the […]
Technology
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Scale AI Cofounder Becomes World’s Youngest Self-Made Woman Billionaire
Lucy Guo, the 30-year-old cofounder of Scale AI, has become the world’s youngest self-made woman billionaire by retaining her stake in the company. Scale AI recently completed a […]
Technology
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TSMC’s Strong Earnings Fail to Boost Nvidia Shares Amid Market Uncertainty
Taiwan Semiconductor Manufacturing Co. (TSMC) reported robust first-quarter results and projected second-quarter revenue that exceeded Wall Street expectations. The chipmaker, which supplies companies like Nvidia, Broadcom, and Apple, […]
Technology
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Trump Administration Halts $5 Billion NY Offshore Wind Project Mid-Build
The Trump administration has ordered the halt of a $5 billion offshore wind project off the coast of New York, mid-construction. This decision has raised concerns about the […]
Uncategorized
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Lilly’s First Pill for Diabetes and Weight Loss Shows Positive Study Results
Eli Lilly has announced positive study results for its first pill aimed at treating diabetes and aiding weight loss. The drug shows promise in addressing both conditions effectively, […]
Economy
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IMF: No Global Recession Despite Trade Tensions
The International Monetary Fund (IMF) has stated that, despite trade tariff uncertainty being “literally off the charts,” there will not be a global recession. The IMF highlighted in […]
Markets
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Key Market Movers and Pre-Market Insights
U.S. stock futures show mixed performance following Wednesday’s sell-off, driven by trade war concerns and comments from Fed Chief Jerome Powell. Nvidia (NVDA) is recovering slightly after a […]