Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.
Sectors
NYSE Reports Technical Glitches, with Some Stock Values Showing -99% Decline
A technical glitch at the NYSE on June 3 caused Berkshire Hathaway's A-class shares to plummet nearly 100%, prompting a trading halt alongside Barrick Gold and Nuscale Power while the exchange investigates.
Spotify Raises Premium Plan Prices in the US as Company Cuts Marketing Costs
Spotify announced a price increase for its US premium plans to boost profitability and invest in new features, with individual plans rising from $10.99 to $11.99 monthly.
GameStop Shares Skyrocket as ‘Roaring Kitty’ Posts Massive $116 Million Bet on Game Retailer
Keith Gill, aka "Roaring Kitty," seemed to be holding $116 million in GameStop, enabling its share price to double.
AMD Unveils New AI Chips in Response to Market’s Stiff Competition
AMD CEO Lisa Su introduced new AI chips during Computex tech conference in Taiwan. This photograph shows a AMD logo at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023(Photo : PAU BARRENA/AFP via Getty Images) AMD unveiled new artificial intelligence (AI) processors on Monday, June 3, in an effort to dominate the competitive market.
Latest News
Emirates president Tim Clark said that the recent turbulence incident involving a Singapore Airlines Boeing 777-300ER flying from London to Singapore served as a lesson for the aviation industry as a whole.
Sally Buzbee resigned as executive editor of the Washington Post after three years at the publication.
Several people anonymously told Bloomberg that Riyadh Air would be announcing an agreement with a major Southeast Asian carrier in the coming days.
Lucid Group Inc. has recently made the decision to reduce its workforce by 400 employees by the end of the year.
The government of the Maldives announced that it would ban Israeli passport holders from the country in response to the continuing war Israel is waging on Gaza.
Former US president Donald Trump joined TikTok in a surprise move, with his first video post being his attendance on UFC 302.
Trend Micro partners with Nvidia to develop advanced AI cybersecurity tools to protect AI-driven data centers against intrusions and ensure data confidentiality.
Nvidia leads the AI chip market with a 70%-95% market share and a $2.7 trillion market cap but faces rising competition from Intel, AMD, and others developing their own AI processors.
Aramco's share sale drew overwhelming demand within hours, potentially raising up to $13.1 billion, attracting global investor interest in Saudi assets.
