Investing

Striking Hollywood Actors Resume Contract Negotiations with Studios and Networks, Reports Reuters

By Steve Gorman and Dawn Chmielewski LOS ANGELES – Negotiators for striking Hollywood actors resumed contract discussions on Monday with…

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Wall Street Indices Retreat as Treasury Yields Reach 16-Year Highs

Wall Street indices, including the S&P 500, Dow Jones, and Nasdaq, faced a decline on Tuesday as Treasury yields surged.…

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UK Watchdog Raises Concerns Over Market Dominance of AI Foundation Model Developers

The UK Competition and Markets Authority (CMA) has raised concerns about the potential market dominance of artificial intelligence (AI) foundation…

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Asana (ASAN) Stock Declines: Here’s Why by Stock Story

Market Update on Asana’s Stock Performance What Happened: Shares of Asana, a work management software company, experienced a decline of…

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Polestar Appoints Volvo EV Propulsion Expert as New CTO

Swedish electric vehicle manufacturer Polestar has appointed Lutz Stiegler, formerly the head of electric propulsion at Volvo, as its new…

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Why CrowdStrike (CRWD) Stock Is Down Today: Insights from Stock Story

Market Update on CrowdStrike: CrowdStrike, a prominent cybersecurity firm, saw its shares drop by 5.1% during the afternoon trading session,…

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UPS and FedEx Customers Regain Advantage in Delivery Price Battle – Reuters

By Lisa Baertlein LOS ANGELES (Reuters) – For the first time in over four years, U.S. retailers and other delivery…

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Warren Buffett-Backed BYD Closing in on Tesla EV Sales

Tesla’s third-quarter delivery numbers have fallen short of expectations, creating an opportunity for its closest competitor, BYD, to potentially take…

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BP Considers $1 Billion Stake Sale in US Pipelines – Sources, by Reuters

By Shariq Khan, David French, and Ron Bousso BP Plc is considering the sale of a 49% interest in its…

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Enovix Stock Falls 20% Following Announcement of Strategic Realignment of Fab1

Enovix Corp shares experienced a significant drop of around 20% during intra-day trading following the announcement of a strategic transformation…

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