Industry

Uber Shares Jump After the Ride-Hailing Company Picked to Join the S&P 500 Index

Uber Shares Jump After the Ride-Hailing Company Picked to Join the S&P 500 Index

Uber shares popped Monday after it was announced that the ride-hailing company has been selected to join the S&P 500 Index.


This Crypto Blockchain Emerges as Preferred Platform by Terrorist Groups Like Hamas and Hezbollah

Tron has reportedly emerged as the preferred platform for crypto transfers supporting groups like Hamas and Hezbollah.

Alaska Airlines Agrees to Buy Struggling Hawaiian Airlines for $1.9 Billion

Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.9 billion. Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.

Despite AI Hype, New Data Shows Only Few US Companies Are Actually Using It

An NBC News analysis found that despite the AI hype, only a few companies are actually using it. The hype surrounding artificial intelligence (AI) is reaching a crescendo among major US companies, with almost half of the S&P 500 firms featuring AI prominently in their earnings calls since May.


Latest News

Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks
Media stocks experienced a significant uptick on Friday after a report of Apple and Paramount agreeing to provide a bundled package featuring their respective streaming services.
Germany Unemployment Rate Rises to Highest Since 2021
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
Nelson Peltz vs. Disney: Billionaire Activist Investor Seeks Multiple Board Seats as He Launches New Proxy Battle
Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.
General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike
General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.
SoFI Is Exiting the Crypto World — Here Are the 3 Best Alternatives for Trading Crypto
SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny. SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny.
Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why
Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.
Elon Musk's Neuralink Raises Another $43 Million as It Gears up for Human Trials
Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Amazon Q brings generative AI-powered assistance to IT pros and developers (preview)
Amazon has unveiled its latest venture into the world of artificial intelligence (AI) by introducing a new chatbot called Q.
New Disney Movie 'Wish' Fails to Shine at Thanksgiving Box Office
Disney's new film "Wish" did not shine during the Thanksgiving holiday weekend, failing to meet box office analysts' expectations.
Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
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