business
Massachusetts Sues Kalshi for Operating Sports Gambling Platform Without License In a recent development, the state of Massachusetts has filed a lawsuit against Kalshi, a predictions platform that offers sports gambling services. The lawsuit, which was filed in state court on Friday, alleges that Kalshi is operating an unlicensed sports
business
Apple CEO Tim Cook Visits Corning Factory, Discusses Recent Product Announcements and Investment In a significant move, Apple CEO Tim Cook recently visited the Corning factory in Harrodsburg, Kentucky, where he engaged in an in-depth conversation with CNBC's Jim Cramer about the company's latest product announcements.
business
Black Rock Coffee Bar Makes Historic IPO, Raising $294 Million In a significant milestone for the coffee shop chain, Black Rock Coffee Bar announced its initial public offering (IPO) on Friday, raising an impressive $294 million. The company's stock began trading in New York, and as expected, it
business
Vaccine Makers' Stocks Plunge Amid Controversy Over COVID-19 Vaccine Link to Children's Deaths A recent report has sent shockwaves through the healthcare industry, raising concerns over the potential link between COVID-19 vaccines and the deaths of children. The news has led to a significant decline in stock
business
# Micron Technology Receives Higher Price Target Ahead of Q4 FY2025 Earnings Report Introduction The semiconductor industry has been experiencing significant fluctuations in recent years, with market trends and technological advancements constantly shifting the landscape. One of the leading players in the industry is Micron Technology, a US-based chipmaker that has
business
Oracle's Surprising Move: A Deep Dive into the Company's Backlog and Revenue Guidance In a shocking turn of events, Oracle Corporation (ORCL), one of the largest enterprise software companies in the world, surprised investors with an impressive backlog and even bolder revenue guidance. However, beneath the
business
Musk's Government Waste Reduction Efforts Under Fire from Commerce Secretary In a surprising turn of events, Commerce Secretary Howard Lutnick has come out against former Trump adviser Elon Musk's efforts to cut government waste. This criticism comes in the form of Musk's involvement with
business
xAI Lays Off at Least 500 Workers, Amidst Elon Musk's AI Ambitions In a shocking move, xAI, the artificial intelligence (AI) company backed by billionaire entrepreneur Elon Musk, has laid off at least 500 workers from its data annotation team. The news was revealed on Friday night, sending
business
The Controversial Atlanta Property: A Tale of Deception and Intrigue In a shocking revelation, recent documents have shed light on a property in Atlanta that has been under intense scrutiny from the Trump administration. The story centers around Federal Reserve governor Lisa Cook, who, in multiple documents, described the same
business
Inflation Accelerates for Fourth Consecutive Month: What You Need to Know The Labor Department's Consumer Price Index (CPI) report for August revealed that inflation has reached new heights, with prices continuing their upward trend for the fourth consecutive month. The data indicates that tariffs have had a significant
business
The Financial Times Subscription Deal: A New Era of Accessibility In a significant move to make high-quality financial news more accessible, The Financial Times (FT) has introduced a new subscription deal that offers an unprecedented level of value for its readers. As of the latest update, the introductory price for
business
Mortgage Rates Plummet: Biggest Weekly Drop in Over a Year In a significant development for homeowners and would-be buyers, mortgage rates have finally begun to fall. According to recent data from Freddie Mac, the average interest rate for a 30-year fixed-rate mortgage experienced its largest weekly drop in over a