Latest News Summary

"U.S. States Sue Meta for Exploiting Youth and Addiction"
Dozens of U.S. states have filed a lawsuit against Meta Platforms Inc., the parent company of Instagram and Facebook, over allegations that the company's social media platforms exploit young users...

October 24, 2023   META 2.35%

Amazon, the retail giant that generates a staggering $540 billion in annual revenue, is scheduled to report its...
Amazon, the retail giant that generates a staggering $540 billion in annual revenue, is scheduled to report its third-quarter earnings on October 26. Despite already gaining over 50% in stock...

October 24, 2023   AMZN 2.38%

Novo Nordisk's Bright Future Outshines Tech Giants
Microsoft, known for its diversity and strong management team, has been successful under the leadership of CEO Satya Nadella. The company's revenue and EPS have seen impressive growth, making it...

October 21, 2023   MSFT -0.18%

In a move that further solidifies its dominance in the e-commerce space, Amazon Pharmacy (AMZN) has started testing a new...
In a move that further solidifies its dominance in the e-commerce space, Amazon Pharmacy (AMZN) has started testing a new delivery method in College Station, Texas. Customers can now...

October 21, 2023   AMZN 2.38%

Google Streamlines News Division with Layoffs, Plans to Manufacture Pixel 8 in India
Google has made targeted layoffs in its news division this week as part of its efforts to streamline the company. The specific number of employees affected by the cutbacks is...

October 21, 2023   GOOGL 0.70%

Tesla's CEO Elon Musk Shares Future Outlook Amidst Growing Competition in the EV Industry
Tesla's CEO, Elon Musk, recently addressed the company's performance during the third quarter, leaving investors and analysts wondering about the future of Tesla stock. Although margins have seen a decline,...

October 21, 2023   TSLA 3.74%

Metaverse Stocks Thrive as Microsoft's Performance Boosted by Azure and AI Advancements
Brent Bracelin, Piper Sandler Co-Head of Technology Research, joined Bloomberg Markets: The Close to discuss the latest recommendations that have impacted the stock market. Despite some controversy, metaverse stocks continue...

October 20, 2023   MSFT -0.18%

"XLC ETF Surges, Magnificent Seven Tech Stocks in Focus as Earnings Season Heats Up"
The XLC ETF has had a remarkable year, with a 40% gain so far. However, stock market indices have been experiencing a slight downturn recently, with the Dow, S&P 500,...

October 20, 2023   GOOGL 0.70%

Tesla Stock Suffers as Investors Turn to Big Seven Tech Stocks
Investors were left disappointed as Tesla's stock price plunged following a weaker-than-expected earnings report. However, despite this setback, a leveraged exchange traded fund saw a surge in popularity as investors...

October 20, 2023   TSLA 3.74%

Challenges Ahead for Text-based AI Companies Amidst Rapid AI Boom
The AI boom has been a remarkable phenomenon, with companies like OpenAI and the incredible success of generative text models such as ChatGPT. However, the AI field is now fiercely...

October 20, 2023   NVDA 1.53%