(Souce - Theepochtimes)
Don Lemon Sues Elon Musk
Don Lemon, the former CNN anchor, has initiated a $35 million lawsuit against Elon Musk and his social media network X, alleging fraud and breach of contract. According to the lawsuit, filed in March, the agreement between Lemon and X promised him full control over his content, even if it faced…
News
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(Source - CNBC)
Financial Performance
Intel reports second-quarter 2024 financial results, reporting a revenue of $12.8 billion, which marks a slight decline of 1% compared to the same period last year. The company’s GAAP earnings per share (EPS) were $(0.38), indicating a loss, while the non-GAAP EPS came in at $0.02. Looking ahead, Intel ha…
(Source - AppleInsider)
Earnings Overview:
Apple announced its third-quarter earnings, exceeding analysts' expectations on both revenue and earnings per share despite a decline in iPhone sales compared to the previous year. This performance highlights the company's resilience in the face of challenges, particularly in the critical Chinese mar…
(Souce - Forbes)
Financial Performance and Market Reaction:
Amazon's stock experienced a decline of up to 6% in after-hours trading following the company's announcement of weaker-than-expected second-quarter revenue and a less optimistic forecast for the upcoming quarter. The e-commerce giant reported earnings of $1.26 per share, surpassing t…
(Source - gg.dealsfreebie)
Fallout London: Finally Released After Delay
After a lengthy wait and initial delays, "Fallout London" is now available for free download. Originally scheduled for release on April 23, the fan-made expansion faced setbacks due to Bethesda’s next-gen update for Fallout 4, which caused compatibility issues with the mo…
(Source - Tomsguide)
Samsung Galaxy Buds3 Pro and Bose QuietComfort Ultra Earbuds: An Overview
In the highly competitive market of top-tier earbuds, Samsung and Bose have both established strong contenders with their latest models: the Samsung Galaxy Buds3 Pro vs. Bose QuietComfort Ultra Earbuds. These earbuds represent the pinnacle of each c…
(Souce - Techradar)
OpenAI Introduces SearchGPT
OpenAI announced the prototype of its new search engine, SearchGPT, on Thursday. This innovative tool is designed to deliver "fast and timely answers with clear and relevant sources" to users, and it promises to offer a more intuitive and conversational search experience. Currently being tested …
(Source - Investopedia)
The Inverted Yield Curve and Its Historical Significance
Since 2022, the yield on the 10-year Treasury note has been lower than that on shorter-dated securities, creating an inverted yield curve. Traditionally, this inversion has been a reliable predictor of recessions, accurately foreshadowing nearly every economic do…
(Source - Fastcompany)
Southwest Airlines Revamps Seating Policy
Southwest Airlines is set to introduce a major change by implementing assigned seating for the first time in its history. This move will allow the airline to charge premium prices for specific seats, marking a shift from its long-standing open seating policy. Additionally, South…
(Source - money.usnews)
Ford's Earnings Report Misses Analyst Expectations
Ford Motor Company, a leading automaker in the United States, experienced a significant drop in its stock price, falling 16.7% as of 12:45 p.m. ET on Thursday. This sharp decline came after the company reported its second-quarter earnings, which failed to meet analysts…
Latest News
Nike's new CEO, Elliott Hill, has announced a fresh strategy to restore the company’s growth after declining revenue and prof…
Thousands of Amazon workers across four states have gone on strike during the peak holiday season, just days before Christmas…
The Dow Jones Industrial Average plunged on Wednesday, closing by over 1,100 points, or 2.6%, following a disappointing outlo…
The Fed interest rate decision is set to be significant, sparking anticipation and debate over its next steps in managing the…
Broadcom CEO Hock Tan states that Broadcom’s rapid ascent in the AI technology sector continues to gain momentum, with its ma…
China’s November retail sales growth fell short of expectations, showing further signs of strain in the economy as the countr…