Nvidia's stock rebounded by 2.2% after three days of declines, impacting the Nasdaq composite and investor concerns about the sustainability of AI stock valuations.
Industry
American Electric Power Names Bill Fehrman as New CEO
American Electric Power has named Bill Fehrman its new chief executive officer. American Electric Power (AEP) has named Bill Fehrman its new chief executive officer, effective August 1, 2024.
Republican State Attorney Generals Challenge Biden Administration's New Fuel Economy Rules
A coalition of 26 state attorneys general has filed a lawsuit against the Biden administration's new fuel economy rules.
NASA Picks SpaceX to Send ISS to Watery Grave Upon Retirement in 2030
NASA selected SpaceX as the provider of a deorbit vehicle that would control the International Space Station’s reentry into the Earth’s atmosphere upon its retirement in 2030.
Shein's Potential London IPO Slammed by Amnesty International UK: A 'Badge of Shame' for LSE
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
Latest News
Some new liquefied natural gas (LNG) projects in the US Gulf Coast are experiencing delays due to a shortage of skilled labor.
The United States (US) is investigating China Mobile, China Telecom, and China Unicom over data misuse concerns.
Target is partnering with Shopify to expand its third-party marketplace platform to better compete with Walmart and Amazon.
Oracle said a ban on TikTok in the United States might hurt its business. Oracle said a ban on TikTok in the United States might hurt its business, the software company admitted in its annual report on Monday, June 24.
Coffee manufacturer Snapchill issued a countrywide product recall after federal regulators warned that its production process could produce a deadly toxin.
Major record labels, including Sony Music, Universal Music Group, and Warner Records, are suing AI start-ups Suno and Udio for allegedly committing extensive copyright violations.
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
Hooters shutters numerous underperforming outlets across the US due to economic issues. At Hooters on February 23, 2010 in Atlanta, Georgia. (Photo : Rick Diamond/Getty Images for Paramount) Hooters has joined several American chains that have shuttered several outlets, citing severe economic difficulties.
China's ByteDance is reportedly collaborating with US chip designer Broadcom to develop an advanced AI processor.
