News

The Future of U.S. Steel's Ticker Symbol

U.S. Steel's iconic ticker symbol X may change ownership as multiple bids are considered. Elon Musk's interest adds intrigue to the story of single-letter ticke...

Nvidia Gains Optimism from Wall Street Ahead of Earnings Report

Nvidia is receiving price-target upgrades ahead of its earnings report, driven by strong chip demand and automotive partnerships. Analysts anticipate continued...

Intel Abandons $5.4 Billion Acquisition of Tower Semiconductor

Intel cancels its planned $5.4 billion acquisition of Tower Semiconductor, resulting in financial repercussions and impacting its chip-manufacturing strategy. C...

Biden Administration Takes Action Against Consumer-Data Abuses

The Biden administration is taking action against consumer-data abuses by implementing stronger privacy protections and regulating data brokers.

Builder Confidence Plummets in August

Builder confidence in the housing market took a hit in August, raising concerns for the new-home construction sector. Rising mortgage rates, low supply, and inc...

US Crude-Oil Stockpiles Expected to Decrease

US crude-oil stockpiles are expected to decrease, as analysts forecast a decline in gasoline inventories and diesel fuel stocks. Refinery use is expected to cli...

The Stock Market's Doubts on China's Stimulus

Shares in Alibaba are declining as the stock market lacks confidence in China's stimulus efforts, despite the central bank's attempts to support the economy. In...

China's Central Bank Cuts Policy Rates, Signals Further Reductions

China's central bank has announced rate cuts to stimulate the economy amid economic slowdown, but warns of potential impact on currency.

Stratec Lowers Guidance for 2023, Shares Drop

Stratec, a German developer of in-vitro-diagnostics systems, experiences a decline in sales expectations for 2023, resulting in a drop in shares. The company re...

Chicken Soup for the Soul Entertainment Reports Q2 Loss

Chicken Soup for the Soul Entertainment (CSSE) reports a wider loss in Q2, with their stock price plummeting and revenue surging. The company's financial positi...