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 Intel stock crashes 27% as Q2 misses estimates on margin concerns, poor guidance

Intel stock crashes 27% as Q2 misses estimates on margin concerns, poor guidance

August 02, 2024 11:52 PM AEST| By Investing

Investing.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

Nasdaq 100 enters correction territory as AI tailwind fades

August 02, 2024 11:44 PM AEST| By Investing

The 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

US stocks slump after weak jobs data adds to recession concerns

August 02, 2024 11:44 PM AEST| By Investing

Investing.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'

Hedge fund Elliott says AI is 'overhyped', Nvidia stock 'a bubble'

August 02, 2024 11:32 PM AEST| By Investing

Nvidia 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

Oil prices slump on demand concerns after weak US jobs data

August 02, 2024 11:30 PM AEST| By Investing

Investing.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

How Employees Make a Difference at Illumina

August 02, 2024 11:30 PM AEST| By 3BL

What 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

PotlatchDeltic Team Member Hiring and Turnover

August 02, 2024 11:15 PM AEST| By 3BL

PotlatchDeltic 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

EV Sales Growth Cools but Some Markets Still Run Hot

August 02, 2024 11:00 PM AEST| By 3BL

Originally 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

Bath & Body Works Paves the Way for Pelotonia

August 02, 2024 11:00 PM AEST| By 3BL

August 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

Decoding Deutsche Bank’s Sustainable Finance Framework

August 02, 2024 11:00 PM AEST| By 3BL

The 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 Cision

HONG 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

IP PLAN 2024 Launches: Global Call for Chinese Stories

August 02, 2024 10:40 PM AEST| By Cision

CHANGSHA, 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%

Payrolls growth slowed sharply to 114,000 in July; unemployment rate rise to 4.3%

August 02, 2024 10:36 PM AEST| By Investing

Employment 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

Bitcoin price today: flat at $64.5k, set for weekly loss amid broader market rout

August 02, 2024 10:36 PM AEST| By Investing

Investing.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

MercadoLibre stock jumps on strong Q2 beat

August 02, 2024 10:22 PM AEST| By Investing

Investing.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

Mega Matrix Announces $1.5 Million Private Placement

August 02, 2024 10:03 PM AEST| By Cision

PALO 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

Haikou, the Most Desirable City in China

August 02, 2024 10:00 PM AEST| By Cision

HAIKOU, 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

New Middle East crisis could trigger a big spike in volatility warns BCA Research

August 02, 2024 09:54 PM AEST| By Investing

Market 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

Intel, Amazon, Nvidia, Snap fell premarket; Apple, Exxon rise

August 02, 2024 09:32 PM AEST| By Investing

Investing.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

NaaS Technology Inc. Releases 2023 Environmental, Social and Governance Report

August 02, 2024 09:00 PM AEST| By Cision

BEIJING, 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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