News

In a surprising turn of events, Sony Pictures Entertainment and Apollo Global Management have jointly presented a cash offer of $26 billion to acquire Paramount Global, fueling the ongoing merger and acquisition discussions in the entertainment industry. The bid, proposed as an all-cash transaction, marks a significant move in the bid for control o…

The volatile saga of Trump Media Group Inc. (DJT) Trump Media Stock faces New Short Selling Pressure Amidst Anti-Short Campaign takes yet another turn as short sellers re-enter the fray, potentially sending the stock on another rollercoaster ride. Despite recent efforts by the company to combat short selling, the very campaign intended to bolster i…

The intricate web of alliances and investments in the tech industry often hides motivations driven by competitive pressures. Recent revelations from emails disclosed in the Department of Justice’s antitrust case against Google shed light on Microsoft's OpenAI Partnership strategic maneuvering in the AI landscape, which ultimately led to its pivota…

The courtroom drama of U.S. et al. v. Google, a Landmark Case Concludes antitrust trial against the tech giant, is reaching its crescendo as final arguments are set to be delivered on Thursday and Friday. This trial, which has been years in the making, represents one of the most significant challenges to the dominance of tech behemoths in the moder…

Wall Street's Turbulence saw a notable downturn today as disappointing GDP growth numbers and underwhelming corporate performances fueled concerns about future rate cuts and economic outlook. The market sentiment was further dampened by Meta’s dismal results, with its shares plummeting nearly 11%, dragging down other tech giants like Alphabet, Ama…

Microsoft Corp. has once again outperformed market expectations with its quarterly sales and profit figures, showcasing a robust 17% increase in revenue to $61.9 billion for the third quarter ending March 31. The tech giant reported earnings of $2.94 per share, surpassing analysts' average estimate of $2.83 per share on sales of $60.9 billion. This…

The Beijing Auto Show unveiled a futuristic vision of automobiles as more than mere transportation devices, showcasing how Chinese automakers are leading the charge in redefining cars as living spaces. From swiveling front seats that turn the car into an intelligent living room on wheels to expansive digital screens and AI-enabled connectivity, the…

Airbus one of the world's leading aircraft manufacturers, has released its financial results for the first quarter of 2024, showcasing impressive growth in revenues and profits despite ongoing challenges in the global operating environment. The Airbus Q1 Revenues company's success is attributed to increased demand for its A350 aircraft and a robu…

In the world of tech giants, Google parent company Alphabet Inc. (GOOG, GOOGL) made significant waves on Friday with an impressive 11% surge in pre-market trading Due to AI Investment Plans. This surge followed the release of standout quarterly results that not only exceeded revenue and earnings estimates but also delighted investors with the anno…

Honda is making big strides in the electric vehicle EV Manufacturing market with a groundbreaking $11 billion (CAD$15 billion) investment earmarked for constructing four new EV plants in Canada. This colossal commitment not only signifies Honda's entry into the EV domain but also marks the creation of Canada’s inaugural EV supply chain, with a capa…