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Recent Posts

  • Superior Industries downgraded to ’CC’ at S&P amid potential debt restructuring
    May 13, 2025
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  • November 13, 2024

AMD to cut 4% of global workforce as it focuses on AI chip development

(Reuters) - Advanced Micro Devices (NASDAQ:AMD) is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to...

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  • November 13, 2024

Amazon, Chevron lead Wednesday's market cap stock movers

Wednesday's market has seen notable shifts with stocks like Amazon Com Inc (NASDAQ:AMZN) and Chevron (NYSE:CVX) experiencing movement on the upside, while Advanced Micro...

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  • November 13, 2024

Disney, Applied Materials, Brookfield set to report Thursday

Earnings season continues, with a diverse array of companies preparing to unveil their financial results for the upcoming trading day. Investors and analysts are eagerly...

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  • November 13, 2024

PPI, jobless claims, and oil data in focus for Thursday's economic events

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Thursday,...

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  • November 13, 2024

Meta to introduce ads on Threads in early 2025, the Information reports

(Reuters) -Meta Platforms plans to introduce advertisements to its social media app Threads early next year, the Information reported on Wednesday, citing three people with direct...

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  • November 13, 2024

Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels

By Lisa Baertlein (Reuters) - Amazon.com (NASDAQ:AMZN) and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for...

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  • November 13, 2024

Siemens Energy, RWE warn of Trump fallout in US offshore wind sector

By Christoph Steitz and Vera Eckert MUNICH/FRANKFURT (Reuters) -Two of the world's biggest renewables players on Wednesday warned of challenges for the U.S. offshore wind sector...

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  • November 13, 2024

Samsung Electronics shares hit 4-year lows on Trump risks, AI chips

By Jihoon Lee and Hyunjoo Jin SEOUL (Reuters) - Shares in Samsung Electronics (KS:005930), the world's top memory chip maker, fell on Wednesday to their lowest level in more than...

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  • November 13, 2024

Tesla recalls 2,400 Cybertrucks, 6th callback for the pickups this year

By David Shepardson WASHINGTON (Reuters) - Tesla (NASDAQ:TSLA) said on Wednesday it was recalling 2,400 Cybertruck pickups in the U.S. because a faulty part could lead to a loss...

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  • November 13, 2024

Liberty Media sharpens F1 focus with spinoff as Malone set to take driver's seat

By Deborah Mary Sophia and Harshita Mary Varghese (Reuters) -Formula One owner Liberty Media will sharpen its focus on its motorsports businesses by spinning off most of its other...

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