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There is backlash regarding Elon Musk’s endorsement of anti-Semitic rhetoric on his social media platform X (formerly known as Twitter). In response, advertisers such as Apple, Disney, Lionsgate, the European Commission, and others have suspended their business at the social media company. Moreover, Tesla (TSLA.us) shareholders are questioning his leadership of that company.
The company that sparked the generative Artificial Intelligence arms race ousted its CEO, in a surprise move that could undermine the AI advantage of collaborator Microsoft and reshape the AI landscape
The SPX500 is up over 7.5% for November, with almost two weeks left of the month. A good portion of the appreciation came on Tuesday, 14 November, when the CPI data was released, coming in better than expected. This has led to thinking that the current Fed hiking cycle has likely peaked.
Amazon (AMZN.us) announced yesterday that it will sell vehicles online from 2024. The first brand to be offered will be Hyundai, which named Amazon Web Services (AWS) as its preferred cloud-computing provider for online sales.
Shares of Chinese tech giant Alibaba slump after abandoning plans to spin its Cloud unit due to US chip restrictions, weighing on HKG33
Watch today’s US Open for insights on the UK inflation cool down, the strong labor data from Australia, Burberry’s poor results and more
The British high-end fashion designer reported underwhelming H1 FY24 results on Thursday and warned it could miss its full year revenue guidance, amidst a decline in luxury spending
The US index posted one of its best days of the year on Tuesday, after the CPI report showed inflation moderation, reinforcing market optimism for peak rates
The US energy giant announced its entry into lithium refinery on Wednesday, aiming to cover the needs for over one million electric vehicles (EVs) by 2030
The stock of Apple comes from a losing third quarter, but despite another drop in sales and the artificial intelligence threat from rival smartphone-maker Samsung, it surges again in November
The index could not take advantage of Disney’s post-earnings surge and dropped on Thursday as Fed Chair Powell appeared more hawkish in his latest remarks
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