Articles by Jose Resurreccion


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Elon Musk Talks About AI, Reveals Experience With Son-Turned-Daughter in Interview
Tech billionaire Elon Musk said in a Daily Wire interview that his perspectives regarding gender ideology and population are deeply personal after he had to deal with one of his sons deciding to cut ties with him by changing both name and gender.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
Here’s Some Possible Impacts Stock Market, Interest Rates Could Face After Biden Quits White House Race
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
Joe Biden Stands Down From White House Race — Here’s How the Business World Reacted
US President Joe Biden announced that he was standing down from the country’s presidential election this November, endorsing Vice President Kamala Harris on his stead.
Netflix Q2 Earnings Call Imminent — What is Expected of Streaming Service?
Netflix is expected to report its second-quarter earnings on July 18, with everyone on Wall Street paying close attention to any of the details or information the streaming service would provide about its advertising-supported business model.
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to economic issues.
Nvidia Boss Jensen Huang Sells $31 Million Worth of Company Shares
Nvidia CEO Jensen Huang decided last week to sell over $31 million worth of the company’s stock in a move to entice investors.
TSMC Hopeful of a Boost in AI Industry Despite Share Market Falls
Taiwanese chipmaker TSMC said that the rising demand for artificial intelligence is boosting its growth and capacity and is influencing its short-term forecast.
Aurea Group Agrees to Acquire The Body Shop Out of Bankruptcy for Undisclosed Amount
The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.
HSBC Promotes CFO Georges Elhedery to CEO
HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2.
Novo Nordisk, Eli Lilly Shares Decrease After Roche Reveals Obesity Drug Trial
Shares of pharmaceutical companies Novo Nordisk and Eli Lilly slid after Roche announced results from a promising early-stage trial for its proposed obesity drug.
Elon Musk to Move X, SpaceX HQs from California to Texas After Newsom Passes Trans Rights Law
Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.
Charles III Reads Labour's Economic Plans in UK's State Opening of Parliament
Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.
Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent
Bank of America recently announced that its second-quarter revenue and profit from investment banking and asset management fees exceeded Wall Street expectations.
Morgan Stanley Reports Better-Than-Expected Q2 2024 Earnings
Morgan Stanley reported that profits performed better than expected across the board in the second quarter of 2024 despite investors shifting to higher-yielding assets.
NBA Star LeBron James Partners with Canyon to Inspire New Generation of Cyclists
Canyon Bicycles announced its collaboration with NBA star LeBron James and several other riders to promote its line of bicycles and inspire the next generation of cyclists regardless of terrain and preferences.
Poland Inches Into War Footing as it Allots 5% of 2025 GDP on Defense
Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025.
Business Executives Divided Over Trump Picking JD Vance as VP Running Mate
Republican Party presidential candidate Donald Trump announced on the first day of the Republican National Convention Monday (July 15) that he has chosen first-term Ohio senator JD Vance as his vice-presidential running mate, triggering reactions from business executives across multiple sectors.
Macy’s Ends Buyout Deal with Arkhouse, Brigade After Talks Deteriorate
The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Amazon Prime Day 2024 Projects $14 Billion Profit, Data Analytics Say
With Amazon’s Prime Day merely hours away, Adobe Analytics data is expecting that the retailer would receive a $14 billion paycheck.
UK's Electoral Commission Reveals Labour's Nearly Fivefold Donation Increase After Election Win
The UK’s Electoral Commission revealed that the Labour Party, which won a landslide victory in this month’s general election, received almost five times as much campaign donation money as the Conservative Party.
Fruit Ninja Makes Slashing Debut on Nex Playground
The motion-based gaming console Nex Playground announced that the famous Halfbrick game Fruit Ninja is coming to the platform.
Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.
SpaceX’s Falcon 9 Grounded After Stage 2 Anomaly in Latest Starlink Launch
SpaceX’s reliable Falcon 9 space transportation fleet has been grounded after an unusual failure in its second stage caused its payload, 20 of the company’s Starlink satellites, to deploy in a lower-than-expected orbit and eventually burn into the Earth’s atmosphere.
Amazon’s Prime Day is Coming Up — Here’s How to Redeem a Gift Card
With Prime Day imminent, people could be able to pay for purchases using Amazon gift cards, which can be redeemed using the Amazon website or app.
PepsiCo, Conagra Seek to Compensate Rising Food Prices with Grocery Deals
Food and snack powerhouses PepsiCo and Conagra Brands announced that they had lower-than-expected revenue and unit sales, citing consumers’ pushback on pricey food items.
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