Bernard Arnault Suffers $13 Billion Loss Amid China's Economic Uncertainty
Bernard Arnault, CEO of LVMH, lost $13 billion in a day due to China's uncertain economic recovery, highlighting the volatility of the luxury market.
Bernard Arnault, CEO of LVMH, lost $13 billion in a day due to China's uncertain economic recovery, highlighting the volatility of the luxury market.
China expresses confidence in achieving economic targets but disappoints investors with limited stimulus measures, leading to significant market reactions.
FTX's bankruptcy liquidation plan has received court approval, allowing the exchange to repay billions to customers. This article explores the implications and details of the plan.
Chevron Corporation has sold its Canadian assets to Canadian Natural Resources for $6.5 billion, part of a broader strategy to streamline its global energy portfolio.
Super Micro Computer's stock surges 14% as the company announces over 100,000 quarterly GPU shipments, driven by the booming AI market and new liquid cooling technology.
Bond traders are recalibrating their strategies following a surprising jobs report that has reignited discussions around a ‘no landing’ scenario for the U.S. economy, suggesting continued growth and inflation.
NVIDIA Corporation (NVDA) is positioned as a top pick in the AI sector, with CEO Jensen Huang anticipating billions in revenue from the high-demand Blackwell GPUs.
Activists in Philadelphia's Chinatown rally against the proposed development of a $1.3 billion arena for the 76ers, citing concerns over gentrification and community identity.
LBank Exchange announces the listing of WIBE (Wibegram) on October 6, 2024, enhancing the platform's offerings in the cryptocurrency market.
Kamala Harris proposes a national reserve for critical minerals to enhance U.S. manufacturing and reduce reliance on foreign sources, particularly China.
President Biden discourages Israel from attacking Iran's oil fields amid rising tensions following a missile barrage from Iran, emphasizing the need for alternative responses.
The U.S. economy added 254,000 jobs in September, surpassing expectations and lowering the unemployment rate to 4.1%. This article explores the implications of these figures for the economy and upcoming elections.
Hurricane Helene has disrupted the semiconductor and medical manufacturing sectors in North Carolina, affecting quartz supply and Baxter's operations.