News

Know all the recent happening in the business world, which companies have soared or gone down. Keep track of the business world in the News Section of Mr. Business Magazine.

Big Bank Rally Faces Upcoming Earnings Test
[Source- ippmedia.com] The stocks of major U.S. Big Bank have been outperforming the broader S&P 500 (^GSPC) this year, but this investor confidence is set to be tested as these financial giants report their second-quarter results. JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) are all scheduled to release their earnings on Frida…
Tesla’s Robotaxi Launch Pushed to October, Shares Fall
Tesla's stock dropped by approximately 8% on Thursday following a Bloomberg report stating that the electric vehicle manufacturer is delaying unveiling its highly anticipated tesla's Robotaxi by two months. Originally scheduled for an August 8 introduction, the launch has been postponed to October. This delay will provide additional time for Tesla…
Bitcoin Faces Key Price Levels Amid $52K Super trend Threat
Bitcoin Price Level is currently grappling with multi-month lows, posing a threat to a crucial support level that has been fundamental to the cryptocurrency’s price bull run. According to prominent trader Matthew Hyland, the $52,000 mark is the primary support level to watch. This level forms the foundation of Bitcoin’s super trend indicator on wee…
 Nvidia’s Future: A Look Ahead at Potential Growth and Challenges
Over the past five years, Nvidia (NASDAQ: NVDA) has experienced an astonishing surge, propelling its market capitalization up by an incredible 2,900%. What began as a modest $100 investment half a decade ago has blossomed into over $3,000 today. This meteoric rise has been fueled by robust demand for  Nvidia's Future GPUs across personal computers,…
Google Unveils Surprise Pixel 9 Hardware Event for August
Google has sent waves through the tech community with a surprise announcement of an upcoming hardware event slated for August 13th. The event, dubbed "AI… meet IX at Made by Google," promises to unveil highly anticipated devices including the Pixel 9 and Pixel Watch 3. This announcement marks a departure from Google's usual timeline, positioning th…
Apple Unveils Game-Changing Updates for iPhone 16 and Apple TV
Apple is set to revolutionize user experience with its upcoming iPhone 16 and enhancements to the Apple TV series. The tech giant's latest move involves a subtle yet ingenious upgrade to the mute button, promising to redefine how users interact with their devices. According to reports from MacRumors, Apple is integrating new functionalities into it…
Samsung Electronics Predicts a 1,400% Profit Surge Amid AI Chip Demand Boom.
Samsung Electronics, the global leader in memory chips, smartphones, and televisions, has forecasted an astounding 15-fold increase in profits for the second quarter of 2024 compared to the same period last year. This dramatic surge, driven by a booming demand for advanced AI chips, has significantly bolstered the firm's financial outlook. The tech…
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