News

Intel stock crashes 27% as Q2 misses estimates on margin concerns, poor guidance
August 02, 2024 11:52 PM AEST| By InvestingInvesting.com -- Intel stock plummeted sharply after the chipmaker on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of est

Nasdaq 100 enters correction territory as AI tailwind fades
August 02, 2024 11:44 PM AEST| By InvestingThe Nasdaq 100 Index has entered correction territory on Friday, marking a sharp reversal in sentiment from few weeks back.

US stocks slump after weak jobs data adds to recession concerns
August 02, 2024 11:44 PM AEST| By InvestingInvesting.com -- U.S. stocks fell sharply Friday after weak employment data raised fears that the U.S. economy was heading towards a recession.

Hedge fund Elliott says AI is 'overhyped', Nvidia stock 'a bubble'
August 02, 2024 11:32 PM AEST| By InvestingNvidia stock is in a “bubble” and its rally is being driven by an “overhyped” AI technology, hedge fund Elliott Management has told investors in a letter seen by the Financial Times.

Oil prices slump on demand concerns after weak US jobs data
August 02, 2024 11:30 PM AEST| By InvestingInvesting.com-- Oil prices slumped Friday, heading for a fourth straight week of losses, as weak U.S. jobs data added to concerns that slowing economic growth will hit consumption as the year progress

How Employees Make a Difference at Illumina
August 02, 2024 11:30 PM AEST| By 3BLWhat if one thing could change everything for the better? That’s genomics. At Illumina, our vision for the future includes accessibility to genome sequencing, personalized medicine, and more positive...

PotlatchDeltic Team Member Hiring and Turnover
August 02, 2024 11:15 PM AEST| By 3BLPotlatchDeltic works to attract and develop talent for our existing and future workforce. Recruiting can be challenging due to limited supply of qualified and experienced talent at some of our locatio...

EV Sales Growth Cools but Some Markets Still Run Hot
August 02, 2024 11:00 PM AEST| By 3BLOriginally published on about.bnef.comThis year has been a mixed bag for electric vehicles. After EV sales hit new highs in 2023, some automakers have now revised down their near-term targets, citing...

Bath & Body Works Paves the Way for Pelotonia
August 02, 2024 11:00 PM AEST| By 3BLAugust 2, 2024 /3BL/ - On August 3 and 4, hundreds of Bath & Body Works associates will take to the roads in support of Pelotonia. Founded in 2008, Pelotonia has raised $283 million for innovative...

Decoding Deutsche Bank’s Sustainable Finance Framework
August 02, 2024 11:00 PM AEST| By 3BLThe first installment of a two-part series, this episode explores sustainable finance from the perspective of Germany's leading bank. Jörg Eigendorf, Deutsche Bank’s Chief Sustainability Officer, join...

"Hong Kong Cat Expo 2024" Officially Opens Japanese, Korean, and Malaysian Brands Join the Event Creative Products Become Mainstream Creating a Grand Cat Culture Festival
August 02, 2024 10:46 PM AEST| By CisionHONG KONG, Aug. 2, 2024 /PRNewswire/ -- Organized by Exhibition Group, the largest public event dedicated to cats "Hong Kong Cat Expo 2024" ("Expo"), will be held from today until August 4 (Friday to...

IP PLAN 2024 Launches: Global Call for Chinese Stories
August 02, 2024 10:40 PM AEST| By CisionCHANGSHA, China, Aug. 2, 2024 /PRNewswire/ -- The "Image Possibilities" Coproduction Plan (IP PLAN) 2024 was launched in Changsha on July 30th. The event brought together international direc...

Payrolls growth slowed sharply to 114,000 in July; unemployment rate rise to 4.3%
August 02, 2024 10:36 PM AEST| By InvestingEmployment continued to trend up in health care, in construction, and in transportation and warehousing, while information lost jobs.

Bitcoin price today: flat at $64.5k, set for weekly loss amid broader market rout
August 02, 2024 10:36 PM AEST| By InvestingInvesting.com-- Bitcoin price slipped marginally on Friday and was headed for a steep weekly loss as a rout in broader financial markets, on concerns over slowing economic growth, battered crypto pric

MercadoLibre stock jumps on strong Q2 beat
August 02, 2024 10:22 PM AEST| By InvestingInvesting.com -- Shares of MercadoLibre (NASDAQ:MELI) were up 8.7% in pre-open trade on Friday after the company reported second quarter results beating estimates.

Mega Matrix Announces $1.5 Million Private Placement
August 02, 2024 10:03 PM AEST| By CisionPALO ALTO, Calif., Aug. 2, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it has entered into definitive agreemen...

Haikou, the Most Desirable City in China
August 02, 2024 10:00 PM AEST| By CisionHAIKOU, China, Aug. 2, 2024 /PRNewswire/ -- Haikou, the capital of Hainan Province, is a pivotal city in China's "Belt and Road" initiative and the core city of the Hainan Free Trade Port. A...

New Middle East crisis could trigger a big spike in volatility warns BCA Research
August 02, 2024 09:54 PM AEST| By InvestingMarket volatility is expected to spike again as investors begin to take into account the prospect of rising oil prices amid the latest Middle East crisis and slowing global economic growth, strategist

Intel, Amazon, Nvidia, Snap fell premarket; Apple, Exxon rise
August 02, 2024 09:32 PM AEST| By InvestingInvesting.com -- U.S. stock futures fell sharply Friday ahead of the release of the key nonfarm payrolls number, while tech earnings dominated sentiment.

NaaS Technology Inc. Releases 2023 Environmental, Social and Governance Report
August 02, 2024 09:00 PM AEST| By CisionBEIJING, Aug. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NaaS), the first U.S. listed EV charging service company in China, today released its...

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