Stock Market
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Steady Demand and Price Hikes Drive Norwegian Cruise to Increase Annual Profit Forecast
Norwegian Cruise Line Holdings Ltd (NCLH.N) has increased its annual profit forecast, citing rising prices and steady demand from affluent…
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Twitter to implement 10% commission on content subscriptions after a year
Elon Musk announces Twitter’s new revenue model: 10% cut on content subscriptions after 12 months Twitter’s CEO, Elon Musk, has…
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Exploring the EU Lawmakers’ Attempt to Regulate ChatGPT and Generative AI
The European Union (EU) is racing to update its regulations to keep pace with the increasing interest in generative AI,…
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Potential New Lead in Indian Cough Syrup Mystery Points to Middleman
An individual in Mumbai who wishes to remain anonymous supplied a key ingredient used in Indian-made cough syrups that have…
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US FDIC Requests Final First Republic Bids from JPMorgan and PNC by Sunday
The U.S. Federal Deposit Insurance Corp has requested final bids for First Republic Bank (NYSE:FRC) from banks such as JPMorgan…
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AbbVie drops cystic fibrosis program, Vertex celebrates
Shares of Vertex Pharmaceuticals (NASDAQ:VRTX) rose by 5% on Thursday following the announcement by AbbVie Inc (NYSE:ABBV) that it will…
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Analysts flag uncertainty for Amazon’s future growth after AWS commentary causes early gains to disappear.
Amazon (NASDAQ: AMZN) exceeded analysts’ expectations in its Q1 results on Thursday, thanks to growth in cloud and advertising. Despite…
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Markets React to Amazon’s AWS Alert, Upcoming PCE Data, and European Economic Indicators
U.S. stock futures fell on Friday, as traders assessed earnings releases from companies, including Amazon, which reported a slowdown in…
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Boeing secures $4 billion order for 40 737 MAX jets from Avolon
Avolon, one of the world’s largest aircraft leasing companies, has announced that it has reached an agreement with Boeing to…
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British antitrust regulator defends blocking Microsoft’s acquisition of Activision Blizzard despite criticism from the companies involved
The head of the UK’s antitrust regulator has defended the decision to block Microsoft’s proposed acquisition of Activision Blizzard, the…
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