Tapestry Inc. Stock Takes a Dive: Tariffs Impact Profit Outlook Despite Strong Sales Tapestry Inc., the parent company of luxury brands Coach and Kate Spade, experienced a significant stock drop…
Nvidia & AMD Forge Groundbreaking Deal: U.S. to Receive 15% Revenue Share Chip industry leaders, Nvidia and AMD, have entered into an extraordinary agreement with the U.S. government. This deal…
Record-Breaking Streak: S&P 500 Marks Third Consecutive Record Close U.S. stock markets sustained their record-breaking streak on Thursday, with the S&P 500 marking its third consecutive record close. The benchmark…
Gildan Activewear Set to Become Apparel Behemoth with $2.2B Hanesbrands Acquisition Canadian apparel manufacturer, Gildan Activewear, has struck a deal to acquire underwear maker, Hanesbrands. The $2.2 billion cash and…
Ford Pledges $2B for Electric Vehicle Production in Louisville Plant Ford Motor Company has declared a substantial $2 billion investment to revolutionize its Louisville Assembly Plant into a hub for…
Paramount Lands Exclusive UFC Rights in a Monumental $7.7B Agreement Paramount has clinched exclusive US rights to UFC events in a trailblazing seven-year, $7.7 billion deal with TKO Group. Starting…
Apple Amplifies US Commitment to $600B with Innovative Manufacturing Initiative Apple has pledged an additional $100 billion to American manufacturing, escalating its total US investment to $600 billion over the…
Tesla Ventures into UK Energy Market Amidst Dwindling EV Sales Tesla, the renowned electric vehicle manufacturer, has officially applied for a license to supply electricity to households and businesses in…
C3.ai Stock Takes a 30% Dive Following Disappointing Revenue Forecast Artificial intelligence software company C3.ai faced a drastic 30% premarket stock decline after projecting significantly lower revenue for its fiscal…
Paramount Lands Exclusive UFC Streaming Rights in a Record-Breaking $7.7 Billion Deal Paramount has made a historic move by securing the exclusive U.S. streaming rights to Ultimate Fighting Championship events.…
Q2 Earnings Surpass Expectations: Corporate America Exhibits Robustness Corporate America has outperformed expectations with its second quarter results, as a whopping 82% of S&P 500 companies surpassed analyst estimates by…
Trump Prolongs China Trade Truce, Pushing August 12 Tariff Deadline Further President Trump has signed an executive order, extending the tariff truce with China for another 90 days. This move…
Bitcoin Skyrockets to Near $120K as MicroStrategy Bolsters Holdings with Additional 155 BTC Bitcoin has sustained its remarkable rally, trading close to $120,000 as institutional adoption picks up pace. MicroStrategy,…
Tech Titans Experience $750B Market Downturn Amid Tariff Tensions The ‘Magnificent Seven’ of the tech industry recently faced a staggering $750 billion collective market value loss. This significant downturn was…
Google’s Record-Breaking $32B Wiz Acquisition Ignites 2025 M&A Boom The global mergers and acquisitions market is witnessing a robust recovery in 2025, with deal activity reaching an impressive $3.17 trillion…
AST SpaceMobile Prepares to Announce Q2 Earnings Today After Market Close AST SpaceMobile (NASDAQ: ASTS), a trailblazer in space-based cellular broadband technology, is set to deliver its quarterly business update…
Potential Air Canada Strike: Flight Attendants Vote Overwhelmingly in Favour Over 10,000 Air Canada flight attendants have cast an emphatic vote in favour of strike action, with a staggering 99.7%…
United Airlines Overcomes Major Technological Disruption United Airlines successfully resumed its normal operations on Thursday, following a significant computer system outage that grounded hundreds of flights across the country on…
New Global Tariffs Imposed by Trump Impact Over 60 Countries President Donald Trump’s extensive new tariff regime officially came into effect on August 7, 2025. The regime imposes duties of…
SoftBank Revels in $2.9B Profits, Thanks to AI-Driven Turnaround Japanese technology conglomerate, SoftBank Group Corp., reported an impressive 421.8 billion yen ($2.9 billion) profit for the April-June quarter. This marks…
