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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.

Oct 9, 2024

China Vows To Hit Economic Goals, Stops Short Of Large Stimulus

China expresses confidence in achieving economic targets but disappoints investors with limited stimulus measures, leading to significant market reactions.

Oct 9, 2024

FTX's Liquidation Plan Gets Court Approval: A New Dawn for Customers

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.

Oct 8, 2024

Chevron Divests $6.5 Billion in Canadian Assets to Canadian Natural Resources

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.

Oct 8, 2024

Super Micro Shares Surge as AI Boom Drives 100,000 Quarterly GPU Shipments

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.

Oct 8, 2024

Bond Traders Brace For ‘No Landing’ Scenario After Job Market Surprises

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.

Oct 7, 2024

NVIDIA Corporation (NVDA) Positioned as Top Pick in AI Sector; CEO Huang Anticipates Billions in Revenue from High-Demand Blackwell GPUs

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.

Oct 7, 2024

Activists Rally Against 76ers Arena Development in Philadelphia's Chinatown

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.

Oct 7, 2024

LBank Exchange Set to List WIBE (Wibegram) on October 6

LBank Exchange announces the listing of WIBE (Wibegram) on October 6, 2024, enhancing the platform's offerings in the cryptocurrency market.

Oct 6, 2024

Kamala Harris Advocates for National Reserve for Critical Minerals

Kamala Harris proposes a national reserve for critical minerals to enhance U.S. manufacturing and reduce reliance on foreign sources, particularly China.

Oct 5, 2024

Biden Urges Restraint: Israel's Response to Iran's Missile Attack

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.

Oct 5, 2024

US Job Market Surges with 254K New Jobs in September

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.

Oct 4, 2024

Hurricane Helene's Impact on Chip Sector and Medical Manufacturing

Hurricane Helene has disrupted the semiconductor and medical manufacturing sectors in North Carolina, affecting quartz supply and Baxter's operations.

Oct 4, 2024

US Futures Rise Ahead Of Key Jobs Report: Market Insights

US futures rise as investors prepare for a key jobs report, with expectations of strong job growth and a decline in the unemployment rate.

Oct 4, 2024

HIVE Digital Technologies Launches Updated ATM Equity Program

HIVE Digital Technologies Ltd. announces an updated ATM equity program, allowing the sale of up to $200 million in common shares to enhance financial flexibility and support growth initiatives.

Oct 4, 2024