Huawei Profit Surges as It Takes Share From Apple and Alibaba: Huawei Technologies Co. sustained its run of strong quarterly profit growth ...
bloomberg.com/news/articles/2024-03-29/huawei-profit-surges-as-it-takes-share-from-apple-and-alibaba
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Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech': Mark Zuckerberg posted a photo with Nvidia's CEO Jensen Huang this week and told a ...
entrepreneur.com/business-news/mark-zuckerberg-nvidia-ceo-is-the-taylor-swift-of-tech/471821
World’s Top Uranium Miner Seeks to Boost Exports to US: Kazakhstan, the world’s largest uranium miner, is conducting “active work” to boost exports of the metal ...
bloomberg.com/news/articles/2024-03-26/world-s-top-uranium-miner-seeks-to-boost-exports-to-us
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Tesla Stock Might Have Just Had Its Worst Quarter Ever: The freshest estimates for Tesla’s first-quarter deliveries, due April 2, are in the range of 425 ...
barrons.com/articles/tesla-stock-price-quarter-ev-deliveries-f198323f
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Trump Media (DJT) Options Are So Costly Bill Gross Wants to Sell Them: Trading options tied to former president Donald Trump’s media company is attracting ...
bloomberg.com/news/articles/2024-03-28/trump-media-options-are-so-costly-bill-gross-wants-to-sell-them
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Quick Glance: Trump's Truth Social Stock Surges Despite Company Losses
- Shares of Donald Trump's social media platform Truth Social have seen a significant increase in their first days of trading.
- Despite the company's lack of profit and meager quarterly revenue, it has been valued at over $8 billion.
- Experts suggest that the stock surge is driven more by Trump's political supporters than financial fundamentals.
- While the future of Truth Social remains uncertain in the competitive social media industry, it may serve as a platform for Trump's future media ventures.
Synopsys Director Makes Rare Insider Purchase: Encouraged by AI, Synopsys director Marc Casper made the first open-market insider purchase of the company’s stock ...
barrons.com/articles/synopsys-director-makes-rare-insider-purchase-28792118
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Starbucks violated labor law by barring pro-union buttons, DC Circuit rules: A divided U.S. appeals court panel on Thursday said the manager of a Seattle ...
reuters.com/legal/government/starbucks-violated-labor-law-by-barring-pro-union-buttons-dc-circuit-rules-2024-03-28/
Quick Glance: Starbucks Fails Labor Law by Banning Pro-Union Buttons, DC Circuit Ruling
- A divided U.S. appeals court panel ruled that the manager of a Seattle Starbucks store violated federal labor law by instructing a barista not to distribute union buttons during her paid breaks.
- The U.S. Court of Appeals for the D.C. Circuit stated that while the manager in 2022 specifically warned the worker not to give buttons to customers, her comments could also discourage other workers from distributing union paraphernalia, even among themselves.
- Starbucks spokeswoman expressed disappointment with the ruling, emphasizing that it involves a single store. On a national level, Starbucks continues to focus on supporting managers to ensure respect for partners' rights to organize, freely associate, and engage in other lawful activities.
- Starbucks and Workers United agreed in February to establish a 'framework' to guide organizing and collective bargaining, potentially resolving many pending legal disputes. The union has accused Starbucks of numerous labor law violations, including interrogating and retaliating against union supporters.
Costco cracking down on non-members eating at food courts: Costco is cracking down on non-members eating at its wallet-friendly food courts.
columbian.com/news/2024/mar/27/costco-cracking-down-on-non-members-eating-at-food-courts/
Quick Glance: Costco Cracks Down on Non-Members Eating at Food Courts
- Costco is tightening the rules for non-members eating at its budget-friendly food courts.
- According to social media reports, diners will need to show their membership cards to make food court purchases starting early next month.
- The club's CFO, Richard Galanti, stated that the change aimed to address member complaints about non-members taking advantage of the affordable offerings.
- Costco had 128 million members by the end of 2023, with fees totaling $4.6 billion - nearly 75% of its total profit for the year.
Nvidia Catapults Emerging-Markets Stock Picker to Top Spot and Irks Rivals: Lewis Kaufman is, depending on who you ask, a phony or a genius.
bloomberg.com/news/articles/2024-03-27/nvidia-catapults-emerging-markets-stock-picker-to-top-spot-and-irks-rivals
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Dutch Invest €2.5 Billion in Eindhoven Area to Keep ASML on Side: The Dutch government will spend €2.5 billion ($2.7 billion) on infrastructure and education ...
bloomberg.com/news/articles/2024-03-28/dutch-invest-2-5-billion-in-eindhoven-area-to-keep-asml-on-side
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Dollar Tree stores to introduce merchandise with price tags up to $7: Dollar Tree customers will start to see some items carrying $7 price tags on the discount ...
foxbusiness.com/markets/dollar-tree-stores-introduce-merchandise-price-tags-7-dollars
Quick Glance: Dollar Tree Increases Max Price to $7, Attracts Higher Income Shoppers
- Dollar Tree plans to raise the price cap in its stores to $7 as announced in a quarterly report in March.
- The demographics of Dollar Tree customers trend towards higher income brackets, with an increasing proportion of individuals earning over $125,000 per year.
- The company intends to close approximately 600 locations under the Family Dollar brand this year, as well as an additional 400 locations over the coming years.
- Dollar Tree opened 641 new stores in the previous fiscal year and currently operates 16,774 stores across 48 states and five Canadian provinces.
Is the Stock Market Open Today? Here Are the Good Friday Trading Hours.: The New York Stock Exchange and Nasdaq Stock Market will both be closed on Friday ...
barrons.com/articles/stock-market-open-closed-today-good-friday-post-office-banks-00fa7f4b
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Amazon’s Next Phase of Growth Will Be Driven by AI. Analyst Sees Bonanza for AWS.
barrons.com/articles/amazon-revenue-growth-ai-d70d858d
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Costco cracking down on non-members eating at food courts: According to social media reports, diners will be required to show their membership cards when making ...
ocregister.com/2024/03/28/costco-cracking-down-on-non-members-eating-at-food-courts/
America's top 1% added $2 trillion in wealth in just a few months: Consumer confidence is also at a three-year high, as a broad stock market rally continues
qz.com/wealthiest-americans-trillion-fed-data-1851372771
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When Is the New iPad Pro, iPad Air Coming Out? Apple Plans Early May Launch: Apple Inc.’s overseas suppliers have ramped up production of the company’s ...
bloomberg.com/news/articles/2024-03-28/when-is-the-new-ipad-pro-ipad-air-coming-out-apple-plans-early-may-launch
Walgreens Tightens Outlook While Beating Quarterly Estimates: Walgreens Boots Alliance Inc. narrowed its fiscal 2024 guidance even as the drugstore chain beat ...
bloomberg.com/news/articles/2024-03-28/walgreens-tightens-outlook-while-beating-quarterly-estimates
$TSLA | Regarding Tesla, Deutsche Bank Forecasts Deliveries Of 414,000 In Q1 Vs Prior Forecast Of 427,000
How Elon Musk Became ‘Kind of Pro-China’: Mr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in ...
nytimes.com/2024/03/27/world/asia/musk-china-tesla-explained.html
Quick Glance: Elon Musk's Directive to Implement Full Self-Driving Beta in Every New Tesla Delivery
- Elon Musk has instructed Tesla employees to install and demonstrate Full Self-Driving Beta for all customers receiving a delivery in North America.
- Tesla is committed to enhancing the system continuously, aiming to eliminate the need for driver attention and achieve true autonomous driving.
- In a move to increase customer acceptance, Elon Musk directed Tesla employees this morning to install the FSD Beta software on all newly delivered vehicles and provide brief test drives to the new buyers.
- Requiring a test drive with each new delivery is expected to significantly increase the workload at Tesla stores and delivery centers, a requirement Musk emphasizes as crucial.
Canadian school boards sue social media giants for over $4 bln in damages: Four Canadian school boards have sought more than $4 billion in damages from social ...
reuters.com/technology/canadian-school-boards-sue-social-media-giants-over-4-bln-damages-2024-03-28/
Quick Glance: Ontario School Boards Sue Social Media Giants
- Four of Ontario’s largest school boards are suing the parent companies of Facebook, Instagram, Snapchat, and TikTok, alleging disruptions to student learning and contributions to a mental health crisis.
- The lawsuits claim that the social media platforms are negligently designed for compulsive use and have rewired children's thinking, behavior, and learning, causing strains on school boards' resources.
- The boards seek damages exceeding $4 billion for the impact on student programming and services. They accuse the platforms of facilitating child abuse, amplifying harmful content, and refusing to remove threats.
- Schools have invested resources in addressing cyberbullying, misinformation, and risky behavior encouraged by social media, as well as monitoring and responding to threats, conflicts, and decreased instructional time.
Borderlands studio Gearbox sold to Take-Two by Embracer for $460M: Gaming conglomerate Embracer Group continues restructuring by selling Randy Pitchford’s ...
polygon.com/24114399/embracer-gearbox-borderlands-take-two-2k-sale
Why ending the headphone jack was a stupid idea: However, even major smartphone manufacturers couldn't put an end to headphones with the tried-and-tested plug
derstandard.at/story/3000000213157/warum-das-aus-fuer-die-kopfhoererklinke-eine-dumme-idee-war
Automotive computer chip maker NXP rolls out new platform: NXP Semiconductors NV, the biggest maker of computer chips for cars, on Thursday said it had ...
reuters.com/technology/automotive-computer-chip-maker-nxp-rolls-out-new-platform-2024-03-28/
Trump’s DJT Stock Is Riding a MAGA Wave. It Could Crash.: The stock looks like a bet on Trump himself more than a company with significant revenue and profits.
barrons.com/articles/djt-truth-social-trump-media-stock-price-crash-96505b10
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Why Costco’s hot dog is still $1.50 when everything has gotten so expensive: Inflation has touched nearly everything these last few years — even Trader Joe’s ...
mercurynews.com/2024/03/27/why-costcos-hot-dog-is-still-1-50-when-everything-has-gotten-so-expensive/
Easter's Bitter Surprise: Cocoa Is Up 240% In A Year – What Can A Ton Of The Chocolate Commodity Get You Today?
Cocoa prices hit $10,000 per ton ... Show more
Quick Glance: Bittersweet Easter for Chocolate Lovers and African Cocoa Farmers
- Changing climate negatively impacts global cocoa supply and West African cocoa farmers’ earnings.
- Cocoa exports from Ivory Coast down by a third lead to a sharp rise in cocoa prices globally.
- Major chocolate manufacturers increase chocolate prices to boost profits while consumers pay more.
- Smaller chocolate businesses struggle with rising cocoa prices and declining sales as efforts to boost cocoa production are implemented.
Hershey's new Cadbury Bunny is a rescue raccoon from Florida: Louie, a Miami-based pet raccoon, was recently named the winner of the 2024 Cadbury Bunny Tryouts ...
foxbusiness.com/lifestyle/hershey-cadbury-bunny-rescue-raccoon-florida
A Leading ‘Quant’ Investor on Value Investing, Private Credit, and Market Risks: Cliff Asness, CIO of AQR Capital Management, is on a winning streak after ...
barrons.com/articles/quant-investor-value-investing-private-credit-market-risks-4e0bcdd5
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Bill Gates: The billionaire is invested in these four unknown stocks: Bill Gates invests in unknown stocks such as Coca-Cola FEMSA, EcoLab, Waste Connections and ...
boerse-online.de/nachrichten/aktien/bill-gates-in-diese-vier-unbekannten-aktien-ist-der-milliardaer-investiert-20354052.html
According to a new study, renewables could power 76% of Africa's electricity. Here's how.
Over half of Africa’s people lack access to #electricity ... Show more
How the “Magnificent Seven” misleads: Forget the supergroup of stockmarket darlings
economist.com/finance-and-economics/2024/03/27/how-the-magnificent-seven-misleads
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Wedbush cuts its Tesla price target as it says the EV maker has had a 'nightmare' first quarter and investors are losing patience
trib.al/4zviy7a
Xiaomi: The Chinese smartphone giant taking on Tesla: Xiaomi's entry into the electric car market comes as a price war has been intensifying.
bbc.com/news/business-68672192
AI Is Giving Nuclear Power a Big Lift. 4 Stocks Riding the Trend.: Data centers being built to run AI systems require lots of power. Nuclear power is ...
on.barrons.com/3TAMRyf
Nvidia versus Amazon and co: the race for the superchips: Artificial intelligence needs special semiconductor components. These come from stock market star ...
faz.net/aktuell/wirtschaft/unternehmen/nvidia-gegen-amazon-und-co-das-rennen-um-die-superchips-19615594.html
Led by Nvidia, U.S. dominates in generative AI tech: TOKYO -- U.S. tech companies have come to dominate multiple facets of the burgeoning market for generative ...
asia.nikkei.com/Business/Technology/Led-by-Nvidia-U.S.-dominates-in-generative-AI-tech
Ryan Gosling & Apple Original Films Exec Jessie Henderson Launch General Admission Label, Ink Multi-Year First Look With Amazon MGM Studios
deadline.com/2024/03/ryan-gosling-jessie-henderson-general-admission-amazon-mgm-studios-1235869939/
$AAPL | Tim Cook's AI Focus At WWDC Will Be 'Biggest Change In Apple's Operating System Design' Since 1980s, Says Top Analyst Gene Munster: 'Monumental ... Show more
Disgraced FTX founder learns his punishment; Home Depot makes its biggest buyout: Fallen crypto mogul gets 25 years
postandcourier.com/disgraced-ftx-founder-learns-his-punishment-home-depot-makes-its-biggest-buyout/article_07840a38-ed40-11ee-acb0-2f073957e0df.html
Take-Two Strikes Deal for Borderlands Developer. The Stock Isn’t All About GTA.: Take-Two is buying Gearbox Entertainment for $460 million. It’s the latest sign ...
barrons.com/articles/take-two-buyborderlands-developer-gearbox-335a09c3
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Amazon's senior employees may not get a cash pay raise this year: Amazon.com Inc said on Wednesday its senior employees, whose compensation includes more ...
reut.rs/3TVGhDZ
Quick Glance: Amazon's Senior Employees May Not Receive Cash Pay Raise
- Amazon mentioned that senior employees, who are primarily compensated in stock, may not get a cash pay raise this year.
- The pay raise for some top employees, however, will significantly exceed last year's due to the strong growth in the e-commerce giant's stock price.
- Despite strong performance, Amazon initiated job cuts across divisions at the start of the year to reduce costs.
- The issue of pay raise was initially reported by Fortune.
The stock market has skyrocketed to start 2024. Will it continue?: The S&P 500 has climbed 10% this year.
abcnews.go.com/Business/stock-market-skyrocketed-start-2024-continue/story
Gamecock signee Joyce Edwards named nation's top player: South Carolina signee Joyce Edwards made more history on Thursday by becoming the first future ...
postandcourier.com/sports/carolina/gamecock-signee-joyce-edwards-named-nations-top-player/article_1bd68720-ed15-11ee-b135-a396ccf2f7db.html
Take-Two acquires Borderlands studio Gearbox from Embracer for $460m: Embracer has entered an agreement to sell Gearbox Interactive to Take-Two for $460m.
eurogamer.net/take-two-acquires-borderlands-studio-gearbox-from-embracer-for-460m
Transgender weightlifter sparks outrage after winning national competition: A transgender weightlifter has sparked outrage after winning her first national ...
nypost.com/2024/03/28/us-news/trans-weightlifter-sparks-outrage-after-winning-national-competition/
Mark Zuckerberg seems like a terrifying boss: There's nothing scarier than your boss emailing you with a seemingly impossible task. Especially if that boss is ...
businessinsider.com/mark-zuckerberg-boss-email-terrifying-snap-lawsuit-facebook-meta-2024-3
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Intel confirms Microsoft Copilot will soon run locally on PCs, next-gen AI PCs require 40 TOPS of NPU performance
tomshardware.com/pc-components/cpus/intel-confirms-microsoft-copilot-will-soon-run-locally-on-pcs-next-gen-ai-pcs-require-40-tops-of-npu-performance
Kitchen sponge maker Scrub Daddy explores sale, sources say: Scrub Daddy, the kitchen sponge maker that gained popularity after securing an investment on U.S ...
reuters.com/markets/deals/kitchen-sponge-maker-scrub-daddy-explores-sale-sources-say-2024-03-28/
Nvidia Stock Slips. Where a Market Technician Says It Goes Next.: Nvidia was edging down early on Thursday. The chip maker is headed for a weekly loss after 11 ...
barrons.com/articles/nvidia-stock-price-buy-sell-86519335
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Take-Two Interactive to acquire Borderlands maker Gearbox Entertainment from Embracer
reut.rs/3PI3as2
Mother suing Walgreens after an employee apparently shot her 7 times in a parking lot for stealing makeup
newschannel5.com/news/mother-suing-walgreens-after-an-employee-apparently-shot-her-7-times-in-a-parking-lot-for-stealing-makeup
It's not gone down well. www.mirror.co.uk/news/weird-news/outraged-cadbury-fans-accuse-company-32456082
Quick Glance: Opening Hours Over the Easter Weekend in Germany
- The Easter weekend in Germany starts on Friday, March 29. Maundy Thursday falls on March 28, while Good Friday is a public holiday.
- On Holy Saturday, normal opening hours apply. Easter Sunday and Easter Monday are holidays when shops are closed.
- Schools are closed on Good Friday and Easter Monday, as well as doctor's offices and pharmacies. Tourist attractions usually have altered opening hours.
- Public transport operates throughout the holiday period, with a reduced schedule on Sundays.
China’s BYD pulls ahead of Tesla in Indonesia’s EV market: Competitive pricing, tax waivers secured Chinese carmaker's footing in the South-east Asian nation.
straitstimes.com/asia/se-asia/china-s-byd-pulls-ahead-of-tesla-in-indonesia-s-ev-market
A Value Investor’s Guide to AI Stocks: Nvidia and other AI stocks have been too rich for value investors, who favor cheaper shares. They might finally have a ...
barrons.com/articles/ai-stocks-value-investors-nvidia-7e9db5e2
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Big tech's desperate scramble for AI talent: The fight to hire the best AI talent is heating up, and it looks like Big Tech — and big paychecks — are winning out ...
businessinsider.com/inside-the-ai-hiring-frenzy-big-tech-talent-war-2024-3
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Apple defeats consumers' crypto-payment antitrust case for now: A federal judge in San Francisco has dismissed a consumer lawsuit accusing Apple of driving up ...
reuters.com/legal/transactional/apple-defeats-consumers-crypto-payment-antitrust-case-now-2024-03-27/
Quick Glance: Apple's Planned Chatbot Absence in iOS 18
- Apple is not intending to include its own generative AI chatbot in upcoming software updates.
- Discussions have been held with companies like Google, OpenAI, and Baidu regarding potential generative AI partnerships.
- Apple will reveal new AI features to aid users in daily tasks, but details remain vague.
- The iOS 18 beta will be accessible to developers post-WWDC keynote, with a full release expected in September.
Dollar Tree to raise prices again in 2024: Shoppers at Dollar Tree could soon end up with sticker shock.
wvnstv.com/news/business/dollar-tree-inc-to-raise-prices-again-in-2024/
Facebook News tab to be removed in U.S., Australia as Meta scales back news and political content
ctvnews.ca/business/facebook-news-tab-to-be-removed-in-u-s-australia-as-meta-scales-back-news-and-political-content-1.6826396
Thames Water boss refuses to rule out bill increases of up to 40% to secure company's future
news.sky.com/story/thames-water-boss-refuses-to-rule-out-bill-increases-of-up-to-40-to-secure-companys-future-13103219
Quick Glance: Thames Water Directors Discuss Utility's Future
- The board of Thames Water engaged in crucial discussions as shareholders consider diluting a funding pledge. Shareholders, including the Universities Superannuation Scheme (USS) and China's sovereign wealth fund, may retract hundreds of millions of pounds in promised funding.
- Thames Water, employing about 7,000 people and serving nearly a quarter of the British population, is grappling with over £15 billion in debt. Shareholders had committed to provide £3.25 billion in the coming years, with the initial £750 million slated for this year.
- The shareholders' decision to reduce financial support could leave the heavily indebted company with few viable options to secure its future. Sky News previously reported that Whitehall officials had prepared contingency plans for Thames Water's potential collapse.
- Thames Water, serving 15 million customers in London and the south-east of England, has faced significant pressure due to leaks, sewage contamination, executive pay, and dividends. The prospect of temporary nationalisation in the event of a collapse could cost taxpayers billions.
Tesla's (TSLA) New Unboxed Manufacturing Process Aims to Cut Costs 50%: A new ‘unboxed’ production system could slash costs in half — if the EV maker can ...
bloomberg.com/news/articles/2024-03-28/tesla-s-tsla-new-unboxed-manufacturing-process-aims-to-cut-costs-50
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'The Batman,' a 2022 blockbuster, wasn't plagiarized, US judge rules: Warner Bros Entertainment didn't steal the plot for its 2022 blockbuster "The Batman" from ...
reuters.com/legal/the-batman-2022-blockbuster-wasnt-plagiarized-us-judge-rules-2024-03-27/
Xi Slams ‘Technological Barriers’ During Dutch Premier’s Visit: Chinese President Xi Jinping criticized “technological barriers” during Dutch Prime Minister Mark ...
bloomberg.com/news/articles/2024-03-27/xi-slams-technological-barriers-during-dutch-premier-s-visit
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The warehouse club is projected to open in 2025. www.pennlive.com/life/2024/03/costco-receives-final-nod-for-cumberland-county-store.html
‘A Simple Favor 2’: Paul Feig Gets The Gang Back Together For Amazon MGM & Lionsgate Sequel
deadline.com/2024/03/a-simple-favor-2-blake-lively-anna-kendrick-henry-golding-1235869573/
Bill Gates was so addicted to Minesweeper - a trick saved him: Every Windows user knows Minesweeper. A new book now reveals: Microsoft founder Bill Gates was ...
stern.de/digital/computer/bill-gates-war-so-suechtig-nach-minesweeper---ein-trick-rettete-ihn-33225840.html
Diablo 4 - Official Game Pass Launch Trailer - IGN: Diablo 4 is the latest installment in the action RPG franchise developed by Blizzard Entertainment ...
ign.com/videos/diablo-4-official-game-pass-launch-trailer
Expert sees clear message: "Xiaomi now attacks premium electric car market": Xiaomi, one of the world's leading cell phone manufacturers, is doing what Apple ...
n-tv.de/mediathek/videos/auto/Xiaomi-greift-jetzt-Markt-der-Premium-Elektroautos-an-article24837612.html
Blackstone cures two ailments in one Moderna shot: Lending to a company is fine; taking a piece of its most promising investments is better ...
reuters.com/breakingviews/blackstone-cures-two-ailments-one-moderna-shot-2024-03-27/
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