Latest in SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
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EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - Jan. 8 -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - Jan. 8 -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - Jan. 8 -
Flying taxis are on the horizon as aviation soars into a new frontier
When he was still a boy making the long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk ...ABC News - Jan. 8 -
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.CNBC - Jan. 8 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
Hyve aims to double in size as business conferences boom
UK-based group now under private equity ownership seeks acquisitions in corporate events marketFinancial Times - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
The Health Monitoring Boom Only Gets Weirder From Here
Forget going to the doctor’s office; these companies are putting the power of tracking every aspect of your health into our own hands. But do you really want to know?Wired - Jan. 7 -
Will Pat Riley and the Heat bend to Jimmy Butler's demands?
The Heat star wants out of Miami. But what is it that he wants? The answer is obvious.Yahoo Sports - Jan. 7 -
Alaska's snow crab season is back after pause, but uncertainty looms
Biologists blamed the rapid decline of snow crab on a 2018 climate-fueled heatwave. Some fishermen are still reeling as they face a murky future.CBS News - Jan. 6 -
‘Fairy porn’: is this booming erotica genre an insult to Wales?
Some of these raunchy fantasy novels borrow heavily from Welsh mythology - prompting concerns about misrepresentation. Name: Fairy porn novels.. Age: Centuries old, but recently having a ...The Guardian - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Barcelona uncertainty goes on as latest request to register Dani Olmo is rejected
La Liga and RFEF reject Olmo and Víctor registrations Barcelona likely to take case to Spain’s sports council Barcelona have failed in their latest attempt to register the Spain international ...The Guardian - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
E.V. Demand Leads Automakers to a Strong 2024 Finish
General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.The New York Times - Jan. 3 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
Speakership uncertainty as new Congress begins. Here's how voting will work.
The 119th Congress convenes Friday with a huge shift of power in Washington as the GOP takes control of both chambers ahead of Donald Trump's inauguration.ABC News - Jan. 3 -
A Stock Market Boom Could Arrive in 2025, According to History
The S&P 500 has turned negative only twice after an annual return of 20 percent or more.Inc. - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
India’s next digital payments boom
Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party statsFinancial Times - Jan. 3 -
Editors at Science Journal Resign En Masse Over Bad Use of AI, High Fees
Members of the Elsevier-published Journal of Human Evolution quit, citing AI production processes introducing errors, high author fees, and concerns over editorial independence.Wired - Jan. 2 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.NBC News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales.CNBC - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
The booming business of special needs education in England
The public spending watchdog warns that the system is becoming ‘financially unsustainable’ for councilsFinancial Times - Jan. 2 -
2025 Dynasty Fantasy Football Quarterback Rankings: Sam Darnold soars despite uncertainty beyond this season
Updated quarterback rankings for Dynasty leagues entering 2025CBS Sports - Jan. 1 -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - Dec. 31
