Wolfspeed is a semiconductor company focusing on silicon carbide technologies to provide solutions for efficient energy consumption and a sustainable future. With product families like silicon carbide material and power devices targeted for applications such as electric vehicles and renewable energy, the company has positioned itself as a leader in the industry. Jana, an experienced
Warner Bros, one of the leading studios in the film industry, is on track to achieve major success this year with two of its blockbuster films, Dune: Part Two and Godzilla x Kong: The New Empire. Both films have collectively grossed over $1.2 billion worldwide, with Dune: Part Two crossing the $700 million mark and
In a recent interview with CNBC’s “ETF Edge,” Brett Winton, the chief futurist at ARK Invest, highlighted five technological areas that he believes will give tech investors an edge in the market. These areas include robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage. Winton emphasized that these sectors are all entering the marketplace
In the wake of a challenging 2022 and a tumultuous 2023 characterized by economic instability and cost-cutting measures, the top players in the digital advertising industry have rebounded with strong revenue growth in the first quarter of the year. Meta, Snap, and Google have all exceeded analysts’ expectations, with robust growth rates not seen in
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China’s industrial profits have taken a hit in March, with slower gains for the quarter compared to the initial two months of the year. Official data from the National Bureau of Statistics (NBS) revealed that cumulative profits of China’s industrial firms only rose by 4.3% to 1.5 trillion yuan ($207.0 billion) in the first quarter
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In a recent development, it was reported that Daimler Truck has reached a new labor contract with over 7,300 hourly workers who are represented by the United Auto Workers (UAW) at six facilities in the U.S. South. This agreement has effectively averted a potential strike at the eleventh hour, bringing relief to both the company
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Federal authorities have recently revealed a concerning number of collisions, fatalities, and serious injuries linked to Tesla’s Autopilot system. The National Highway Traffic Safety Administration (NHTSA) conducted an in-depth analysis of 956 crashes involving the use of Tesla Autopilot, highlighting a critical safety gap in the system. The NHTSA report pointed out that the design
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The Food and Drug Administration’s recent announcement approving Pfizer’s treatment for hemophilia B marks a significant milestone in the field of gene therapy. The drug, known as Beqvez, is the first gene therapy from Pfizer to receive clearance in the U.S., offering new hope for adults with moderate to severe hemophilia B. Beqvez is a
Amazon MGM Studios’ Challengers starring Zendaya has garnered attention with its $1.9 million in previews on Thursday. However, it fell short of Universal’s Cocaine Bear by $100,000. The film, directed by Luca Guadagnino, aims for a $15 million opening weekend. Despite receiving critical acclaim at 91% certified fresh, last night’s audiences gave it a lukewarm
This tech giant has seen a 4% increase in shares after reporting fiscal third-quarter results that exceeded expectations. The Azure business continued to show momentum, contributing to the positive reaction from investors. This shows that Microsoft is continuing to innovate in the tech space and drive growth. Shares of Alphabet surged more than 11% after