Category: Finance News

Nike’s stock surged 10% after announcing CEO John Donahoe’s departure on Oct. 13, with Elliott Hill set to take over. FedEx’s shares dropped 10% as they adjusted their earnings outlook

Chinese electric car manufacturer Nio introduced its budget-friendly brand Onvo in Shanghai, China on May 15, 2024. Onvo, positioned as a more affordable option compared to Nio’s premium line, unveiled

Tech Stocks saw a boost in midday trading following the Federal Reserve’s rate cut decision. Companies like Tesla, Meta, Nvidia, and ASML all saw gains of over 5%. Edgewise Therapeutics

Darden Restaurants saw a nearly 11% increase in shares following the announcement of a partnership with Uber for on-demand delivery. NextEra Energy Partners gained 2.6% after receiving a buy rating

Ray Dalio believes that the upcoming 2024 U.S. elections will be critical, stating that the country requires a “strong leader of the middle” to achieve “broad-based prosperity.” In a recent

Cryptocurrency exchange Binance has experienced a 40% uptick this year in institutional and corporate investors joining the platform, according to CEO Richard Teng in an interview with Lin Lin on

The Federal Reserve is planning to lower Interest rates by another half point before the end of 2024. The Central bank has two more policy meetings scheduled for November and

Intuitive Machines saw a 38.3% surge in their shares after securing a $5 billion space network contract from NASA. United States Steel also experienced a 1.5% increase in their shares

The Federal Reserve took action on Wednesday by cutting Interest rates for the first time since the early stages of the Covid pandemic. The half a percentage point reduction in

JPMorgan Chase has introduced a new global position to oversee junior bankers in response to the tragic death of a Bank of America associate, prompting a reevaluation of how young