Asian stocks fell, with Japanese shares sliding sharply, as anticipation of U.S. inflation data and expectations of a Bank of Japan interest rate hike weighed on markets.
Rivian unveiled three new electric vehicles, including the R2, and received positive feedback from attendees, although concerns about financial sustainability and production dates were raised.
The viral trend of Trader Joe's $3 tote bags has led to a buying frenzy, with customers reselling the bags online for as much as $500.
Nvidia's stock experienced a record high before closing more than 5% lower as concerns over slowing growth and increasing competition led to a dramatic intraday reversal, prompting investors to lock in profits.
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Taiwan Semiconductor Manufacturing Co. (TSMC) has returned to the list of the world's top 10 most valuable companies, driven by optimism in artificial intelligence, with its market capitalization reaching a record high due to a 14% rally last week and the surge in AI-related revenue.
Saudi Aramco's profits have fallen 25% to $121bn after cutting production and facing a decline in oil prices, but it remains the second-highest profit ever for the company, prompting them to increase dividends and explore investment opportunities in China.
The distance between employees and their employers has increased, with the mean distance rising from 10 to 27 miles between 2019 and 2023, and 5.5% of employees living over 50 miles away from their workplace in 2023, according to a report from Stanford University and Gusto.
The FDA has proposed to ban the use of brominated vegetable oil (BVO) in the US due to recent toxicology studies that suggest its potential risks, despite BVO already being banned in many countries.
American billionaires are selling stocks in large quantities, raising concerns about a potential financial crisis and sparking speculation about the reasons behind the sales, including the upcoming 2024 election and the possibility of eliminating certain tax breaks.
Thousands of cases of shredded cheese have been recalled across 15 states due to fears of listeria contamination, with previous illnesses and deaths linked to the supplier, Rizo-López Foods Inc.
Reddit and its investors are looking to raise up to $748 million through an initial public offering, with a target valuation of $6.5 billion, making it one of the largest IPOs of the year. Some shares will be reserved for Reddit users and moderators who created accounts before January 1.
133 flights have been canceled and hundreds more delayed at Orlando International Airport due to thunderstorms and airspace constraints across Florida.
Nvidia is facing a lawsuit from a group of authors who allege that the company used their copyrighted works without permission to train its AI platform, NeMo.
Nvidia is facing a class-action lawsuit from three authors who claim that the company used their books without permission to train its NeMo platform.
A federal judge in Texas has blocked a new rule by the National Labor Relations Board that would have made it easier for workers to form unions at large companies by expanding the definition of joint employers.
Trader Joe's canvas mini tote bags, priced at $2.99, are being resold online for nearly 200 times their retail price due to high demand and limited availability.
President Joe Biden's crackdown on "junk fees" is seen by experts as a distraction from the real causes of economic turmoil such as high inflation and high interest rates, with his actions unlikely to save Americans money in the long run, according to the Daily Caller News Foundation.
Newmont Corporation (NEM) is seen as an attractive buy due to its strong balance sheet, projected synergies, impressive mining portfolio, anticipated operational and cash flow improvements, bullish outlook for gold and copper prices, and undervalued stock with aggressive buyback plans.
Bill Gates' charitable foundation, the Bill & Melinda Gates Foundation Trust, has over half of its $42 billion portfolio invested in three dividend stocks: Microsoft, Canadian National Railway, and Caterpillar, with Microsoft being the largest holding; while these stocks might not be the best choices for all investors, Microsoft could still be a good pick for growth-oriented investors.
Bill Gates has over half of his $42 billion portfolio invested in three dividend stocks: Microsoft, Canadian National Railway, and Caterpillar, making these stocks worth considering for long-term growth investors.
Jen's Breakfast Burritos is recalling approximately 144 pounds of RTE breakfast burrito products that may be contaminated with Listeria monocytogenes, posing a risk to consumers' health.
The US Transportation Secretary, Pete Buttigieg, stated that the Federal Aviation Administration will thoroughly assess Boeing after a fuselage section on an Alaska Airlines flight blew out, emphasizing the need for rigorous regulation and maintaining airline safety.
Saudi oil giant Aramco reports $121 billion in profit for 2023, the second-highest ever, despite lower energy prices.
Jool Baby has recalled 63,000 infant swings sold at Walmart and online due to a suffocation risk caused by an incline angle greater than 10 degrees, violating safety regulations and posing a risk to infant sleep.
Mortgage rates are expected to remain the same in March 2024 due to the strong economy and the Federal Reserve's commitment to controlling inflation, although forecasts suggest gradual rate declines later in the year.
Many passengers have been stranded and experiencing massive delays at Orlando International Airport due to over 100 Southwest Airlines flights being canceled over the weekend, caused by thunderstorms and airspace constraints.
Goldman Sachs equity team suggests that consumer and tech stocks present the best opportunities for stock picking due to high dispersion, with both mutual funds and hedge funds benefiting from the healthy stock-picking environment.
In-N-Out, the popular West Coast burger chain, is expanding to Washington State for the first time, with a proposed location in Ridgefield that will feature a different color scheme and local building materials.
The Transportation Security Administration is testing new self-screening checkpoint lanes at Las Vegas airport, allowing passengers to go through the security process without removing shoes, outerwear, or electronics from carry-on bags in an effort to reduce wait times.
Google's rush into the AI space with its Gemini project, marked by recent mishaps and controversies, suggests that the company is placing too much emphasis on innovation at the expense of user experience, potentially alienating users and losing ground to competitors like OpenAI and Samsung.
Super Micro Computer's stock has had an impressive run, but with Goldman Sachs initiating coverage and assigning a "neutral" rating with a one-year price target of $941 per share, there may be a potential downside of 17% over the next year, although the company's strengths and favorable outlook suggest holding onto the stock could still have substantial payoffs.
Super Micro Computer's stock has been on an impressive upward trajectory, but Goldman Sachs analysts have cautioned that most of the short-term growth catalysts are already factored into the stock's price, potentially resulting in volatility in the near term. However, the company's positive business outlook and strengths in the high-performance server market suggest that it may still offer substantial returns for investors willing to take on high risk.
Hackers are targeting outdated versions of the Popup Builder plugin in WordPress, infecting over 3,300 websites with malicious code through a cross-site scripting vulnerability, leading to redirects to phishing pages and malware-dropping sites.
Rivian's surprise debut of the R3 and R3X models has garnered immense attention, but it remains to be seen if the company can overcome obstacles and bring these mass-volume cars to the market in a timely manner.
The rising prices of fast food, including Five Guys, can be attributed to factors such as increasing meat costs, rising prices of ingredients, and the need to pay employees fair wages and benefits, according to a former chef.
Several U.S. companies have issued recalls for ground cinnamon due to elevated lead concentrations, which can have detrimental health effects ranging from high blood pressure to neurological disorders and developmental issues in children.
Skyline Chili, a Cincinnati tradition, offers a quirky culinary experience with its signature dish of spaghetti topped with chili and shredded cheese, known as the "3 Way," and its efficient operational system.
Bass Pro Shops is set to open its first location in western Pennsylvania, specifically in South Fayette Township, in early 2026, offering a range of outdoor gear and immersive experiences for sportsmen and women in the region.
Travelers at Tampa International Airport and other major Florida airports are experiencing delays and cancellations due to storms, with flight problems continuing on Sunday, as high passenger numbers and flight volumes overwhelm the airports.
Microsoft reveals that Russian state-backed hackers gained access to its core software systems in a more extensive and serious intrusion than previously known.
The age at which you begin claiming Social Security can greatly impact your retirement income, with the average retiree receiving around $1,845 per month at age 67. However, the decision of when to claim should be based on your individual goals and financial situation.
The Cybersecurity and Infrastructure Security Agency (CISA) had to shut down two systems after they were hacked in February through vulnerabilities in Ivanti products, with the systems reportedly having critical ties to U.S. infrastructure.
One lucky ticket sold in Franklin County is worth $2 million, while another lucky ticket sold in Belmont County is worth $250,000 in the recent Powerball drawing.
Berkshire Hathaway's ability to generate outsized returns is hindered by the law of large numbers and the lack of available companies for investment, leading Warren Buffett to hold a large cash position of $167.6 billion and tempering expectations for future growth.
Senator Bob Casey, Democrat of Pennsylvania, discusses his bill to combat "shrinkflation" and the importance of addressing the threat to democracy in the presidential campaign.
US stocks' rapid rise in 2024 is causing concern about whether the market is overheating, but there are indications that the strength is not due to speculative frenzy, including the diverging performance of the "Magnificent Seven" stocks and the broadening rally across different sectors.
Sergey Brin admits flaws in Gemini image generator, Cathie Wood predicts potential correction in chip stocks, Microsoft's AI tool produces inappropriate images, Google's AI threat prediction resurfaces, and Elon Musk playfully criticizes AI chatbot ChatGPT in a weekend filled with tech news.
Super Micro Computing (SMCI) is experiencing rapid revenue growth and has recently been added to the S&P 500; however, concerns about its margins, competition, and higher valuation compared to peers suggest caution when considering investing in the stock.
Super Micro Computing (SMCI), a company that designs integrated systems for IT architecture, including storage clusters and server racks, has experienced significant revenue growth and will be joining the S&P 500, but concerns remain about its margins and competition in the semiconductor space.
The upcoming 2024 Summer Olympic Games in Paris are at increased risk of a heat wave, which could put athletes, spectators, and volunteers in danger due to the city's susceptibility to extreme heat and lack of adequate measures such as air conditioning in the athletes' village.
