General

Elon Musk's Neuralink Was Aware Of Brain Wire Issue For Years: Report
Want To Start A Business? Now Might Be The Best Time For Startups In Decades
Eli Lilly Strikes Deal To Combat Counterfeit Diabetes And Weight Loss Drugs Mounjaro And Zepbound
Want To Start A Business? Now Might Be The Best Time For Startups In Decades
Eli Lilly Strikes Deal To Combat Counterfeit Diabetes And Weight Loss Drugs Mounjaro And Zepbound
Justice Department Accuses Boeing Of 2021 Settlement Breach
EXCLUSIVE: Top Tesla Options Trades Recommended By Trading Expert (UPDATED)

General Recent News

April CPI is 3.4%
Today, we got the April Consumer Price Index (CPI) report which showed an overall increase of 3.4% unadjusted in the last year and 0.3% vs last month. That’s slightly below last month’s 3.5%  and in-line with expectations of 3.4%. The 0.3% monthly increase was below the 0.4% expected, but still annualizes to 3.7%.
Dole's Q1 Bottom-Line Beats Street View, Thanks To Higher Banana, Pineapple Volumes
Dole PLC reported a 6.6% increase in Q1 FY24 sales to $2.12 billion, matching analyst estimates. The growth was driven by strong operations and favorable currency impacts. Gross profit rose 8.7% to $194.7 million, while operating income surged over 100% to $71.5 million. Adjusted EPS of $0.43 exceeded the $0.31 estimate. The company also declared a $0.08 per share dividend.
Carvana Expects Surge In Used Car Demand On New Vehicle Oversupply
Amidst a potential oversupply of new vehicles, online used car giant Carvana (NYSE:CVNA) foresees a surge in sales, CEO Ernest Garcia III reveals. Increased production by major automakers is set to favor the retailer, with efforts to manage inventories through incentives and fleet sales, reported Bloomberg. Deutsche Bank AG (NYSE:DB) notes a rise in U.S. new car inventories, reaching 50 days' supply by April's end.
Biden's Economic Advisor Says 'China Is Not Playing By The Rules' So Tariffs On Goods Needed To Ensure 'Level Playing Field'
She criticized former President Donald Trump's approach of across-the-board tariffs, calling them costly and ineffective
Bitcoin Boom Sparks Surge In Crypto Wallet Recovery Services: 'It's Just Pure Economics'
As the Bitcoin (CRYPTO: BTC) price continues to surge, investors who have lost access to their accounts are turning to crypto wallet recovery firms in droves.
Elon Musk Fired Supercharger Chief Rebecca Tinucci And Her Entire Team After She Refused To Lay Off More Workers Than Planned: Report
This abrupt exit has caused disruption in a network that was considered a significant Tesla achievement and a key driver of its EV sales.
This Is a Much Safer Way to Invest in the Success of AMC Stock
Slovakia's Prime Minister Robert Fico Hospitalized After Assassination Attempt, Suspect Detained: Report
The incident took place in the town of Handlova, which is approximately 150 kilometers northeast of the capital, Bratislava.
Ideal Power Reports Q1 Earnings, CEO Expects Solid-State Circuit Breaker Market To Grow Revenue
Ideal Power Inc (NASDAQ:IPWR) reported first-quarter FY24 commercial revenue of $78,739, a notable increase from zero last year. Operating expenses fell to $2.5 million from $2.6 million. The company completed a public offering, raising $15.7 million, and held $20.2 million in cash by March 31, 2024, with no outstanding long-term debt. Ideal Power expects its SymCool power module to drive early sales in industrial markets.
What's Going On With Plug Power Stock Wednesday?
Plug Power shares surge in premarket trading following the announcement of its integration of a Class 6 fuel cell electric truck, showcasing the company's commitment to hydrogen fuel cell solutions for electric vehicles.
Tanking Profit Overshadowed Alibaba's AI Growth And Reignited Domestic E-Commerce
On Tuesday, Alibaba Group Holding Limited (NYSE: BABA) reported its net profit took quite a dive during the fiscal fourth quarter, after already having a hard time throughout 2023 as it underwent its largest-ever corporate restructuring.
Sam Bankman-Fried Traded In His $35 Million Mansion In The Bahamas For A Prison Cell With 35 Inmates But Claims "He Did Not Do Anything Wrong"
Volkswagen Gets Surpassed Even By Hyundai
During the first three months of 2024, Hyundai Motor Group (OTC: HYMTF) surpassed Volkswagen Group (OTC: VWAGY) in terms of operating profit, taking its second place, with Toyota Group (NYSE:
Amazon AWS To Pump €7.8B Into German Cloud Expansion: Details
AWS announces a €7.8 billion investment to boost its cloud infrastructure in Germany, aiming to complete new data centers in Brandenburg by 2025.

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