Apple recently introduced a sneak peek of its upcoming iOS 18 update, giving users and developers the chance to explore the latest features before its official release. This beta version of the software is set to accompany the launch of new iPhones this fall, providing an opportunity to identify and rectify any bugs. The most
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Macy’s, a department store giant, recently announced that its board has decided to terminate negotiations with Arkhouse and Brigade, an activist group that was in talks to take the retailer private for $6.9 billion. The reason cited for this decision was the lack of certainty of financing and the failure to deliver compelling value. Despite
RBC Capital analysts are expressing caution in light of the weak CPI print from last week. They believe that this could have negative implications for stocks moving forward. The upcoming 2Q24 reporting season is seen as a critical test for the market, especially in relation to the rotation trade that appeared to gain traction in
The recent attack on U.S. presidential candidate Donald Trump has sent shockwaves through global markets, with investors adjusting their strategies in response to the increased likelihood of his victory. U.S. bond futures have slipped, while the dollar has strengthened, reflecting a growing concern over the potential implications of a Trump presidency. The market has historically
In a surprising turn of events, A24’s drama Sing Sing, featuring Colman Domingo, has made its mark as the third highest limited opening film of the year. The film, set against the backdrop of the Sing Sing Correctional Facility, grossed an impressive $137,119 on just four screens, resulting in a per screen average of $34.3k.
The World Bank, with backing from the U.S. and Australia, is stepping in to provide a financial lifeline for Pacific Island nations. This move comes as Western banks are pulling out of the region, leaving these small countries vulnerable to being cut off from global finance. The region, comprising 18 small countries and territories, spans
In the world of investing, dividend-paying stocks can be a valuable asset to enhance your portfolio returns, especially during uncertain and shaky markets. One such dividend stock that has caught the attention of Wall Street experts is Northern Oil and Gas (NOG). This company is involved in the acquisition, exploration, and production of oil and
As China’s highly anticipated “Third Plenum” gets underway, there are dire predictions regarding the constraining of the financial sector, especially in light of the country’s slowing economic growth. The focus is shifting towards reinforced support for high-tech and manufacturing, areas that are expected to see continued success in the coming years. It is believed that
In a surprising turn of events, Elon Musk, the CEO of Tesla, publicly endorsed Donald Trump for the upcoming U.S. presidential race. This marks a significant shift in Musk’s political stance, as he has previously voiced his support for Democratic candidates, including Hillary Clinton and Joe Biden. Musk’s endorsement of Trump has raised eyebrows among
Recently, whistleblowers at OpenAI have raised concerns about the company’s allegedly restrictive non-disclosure agreements. The whistleblowers claim that employees were required to sign agreements that limited their ability to raise concerns about the company to federal authorities. This includes overly restrictive employment, severance, and nondisclosure agreements that could potentially penalize workers who speak out. One
The Despicable Me/Minions franchise has once again proved its dominance in the global box office with the release of Despicable Me 4. The latest installment has helped the franchise surpass the $5 billion mark, making it the first animated franchise ever to achieve this milestone. With an estimated $136 million in its second weekend, the
Amazon, as one of the largest e-commerce platforms globally, has always been known for its competitive pricing strategies. However, a recent incident involving Brandon Fishman and Mason Arnold sheds light on the downside of Amazon’s automated pricing algorithms. The story revolves around a discount promotion at Target that inadvertently led to a loss of the
The landscape of the electric vehicle (EV) market is constantly evolving, with new players entering the scene and existing ones striving to maintain their competitive edge. South Korean EV battery maker SK On, a unit of energy group SK Innovation, is facing challenges amid slowing global EV demand. In an effort to adapt to the
The prospect of impending U.S. interest rate cuts is causing a stir among investors, who now find themselves at a crossroads. The dilemma they face is whether to maintain their allegiance to the stalwart Big Tech stocks that have been the backbone of market returns for an extended period, or to pivot towards lesser-loved sectors