Dogecoin (DOGE) continues to lead the crypto market with its 116% surge over the last week. The memecoin’s frenzy has outperformed most to 100 cryptocurrencies and even made DOGE’s price in South Korean exchanges briefly rise higher than global exchanges like Binance. ‘Kimchi Premium’ Returns Amid Dogecoin Rally Trump’s victory sparked a massive crypto market rally, creating […]
Super Micro joined the list after a 33% drop on Wednesday The S&P 500 rose nearly 1% during the first 30 days of October. But underneath that ho-hum movement has been plenty of volatility. Among the S&P 500 SPX-1.54%, 94% of stocks have risen 5% or more this month. Read: United Airlines and Nvidia bookend list […]
(Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position in the growing market for industrial software. The deal, Siemens’s second biggest acquisition, is part of the German engineering group’s increased focus on a sector being revolutionised by data analysis and artificial intelligence. Michigan-based Altair is active in […]
Chinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue for the three months ended Sept. 30 of 201.12 billion yuan ($28.24 billion), up 24% from a year ago. That exceeded Tesla’s revenue of $25.18 billion reported for the same period. It’s a first for the Beijing-based EV giant […]
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter net revenues, but said it was making headway in addressing operational issues such as U.S. inventories. The Netherlands-based company, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, said that net revenues for the July-September period came in at 33 billion euros ($35.8 billion). […]
A semiconductor research facility in upstate New York was selected as one of three national technology centers and will receive up to $825 million in funding as part of a broader federal effort to boost the United States’ competitiveness in the industry. U.S. Sen. Chuck Schumer made the announcement Thursday. The Albany NanoTech complex was […]
You’ll want to milk this new Starbucks deal. The java chain is making a major update to its menu that will save its plant-based customers some extra dough. Starbucks will no longer charge a fee for substituting non-dairy milk in beverages, the company announced in a press release on Wednesday. “Core to the Starbucks Experience is the […]
Voters are clamoring for any hints of clarity about the neck-and-neck presidential race, so some are looking beyond public opinion polls. Wall Street executives, political gamblers and cryptocurrency traders are piling up their bets that former President Donald Trump is returning to the White House. But the stock market may be telling a different story. […]
An unhinged Florida man horrifically pummeled a deaf and nonverbal passenger while he was sleeping until the cabin was spattered with blood on a cross-country United Airlines flight this week. The brutal beatdown happened about two hours into United Airlines Flight 2247 from San Francisco to Washington Dulles on Monday. It started when Everett Chad Nelson, 44, got up […]
Uber (UBER) reported third quarter results, beating Wall Street expectations on both revenue and earnings. The rideshare platform posted revenue of $11.19 billion, surpassing estimates of $10.99 billion. Adjusted earnings per share reached $1.20, significantly higher than the anticipated $0.45. Despite these positive metrics, Uber’s stock faced pressure due to weaker-than-expected gross bookings and a reduced fourth […]