Oil falls for fourth straight session on US inflation jitters
Oil prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer…
Tesla Relies on China, But Limits Local Suppliers to Avoid Supply Chain Risks
Tesla doesn’t want its suppliers to make all of their stuff in China and Taiwan, per Nikkei Asia. Supply chain…
Proposed high-speed railway would link two major US cities in just 90 minutes: ‘The opportunity to revolutionize rail travel’
Things are looking promising for a proposed high-speed train route that would connect Dallas and Houston, Newsweek reported. In April…
Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy
Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending.…
TikTok Preps a Fresh Assault on Europe
These are turbulent times for TikTok employees. On Tuesday, we reported that TikTok is planning significant layoffs—including a large percentage…
Meta names four men to a new tech advisory council months after disbanding its Responsible AI division
Meta has formed a product advisory council six months after disbanding its Responsible AI division. Four white male tech execs…
Netflix, Robinhood Showcase Key Stock Market Leadership Signal
Netflix stock, along with Robinhood Markets (HOOD), headline Wednesday’s IBD Screen Of The Day, a column that focuses on top…
Coca-Cola Europacific Partners Appoints New CFO
CCEP is pleased to announce that Ed Walker, previously Group Controller of CCEP, is appointed as CFO. This follows the…
ASML, Eindhoven Tech University to invest $195 million in partnership
European tech giant ASML and the Eindhoven University of Technology said on Thursday they have agreed to spend a combined…
China ramps up de-dollarization efforts by dumping a record amount of US bonds
China sold a record $53.3 billion worth of Treasurys and agency bonds in the first-quarter. It previously unloaded US debt…