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Ubs looks to axe 3,000 jobs in $10bn cost-cutting attempt

The bank, however, indicated these earnings were mostly assets acquired after the Credit Suisse takeover. The planned job cuts reflect the magnitude o...

September 1, 2023, 8:51 am

Hillevax: takeda's norovirus vaccine spinout

HilleVax is developing a virus-like particle vaccine candidate, HIL-214, for norovirus-induced acute gastroenteritis. Norovirus is highly contagious a...

August 30, 2023, 7:32 pm

Court paves way for first bitcoin etf in grayscale ruling

Grayscale Investments LLC got backing from a federal court to launch the first Bitcoin exchange-traded fund in the U.S., a watershed moment in the cry...

August 29, 2023, 3:44 pm

Vinfast: long-term growth potential, meme stock frenzy untenable

Strong ties with cutting-edge component makers from around the world imply VinFast Auto Ltd. does have the means to produce high-quality products. Off...

August 29, 2023, 12:04 pm

Aerospike announces availability of developer-ready, real-time scalable graph database on google cloud marketplace

Google Cloud and Application Ecosystem Gets Industry’s Lowest Latency Graph Database SAN FRANCISCO, Aug. 28, 2023 (GLOBE NEWSWIRE) — Google Next [...

August 28, 2023, 9:00 am

Nvidia plans to buy back billions in stock. other companies could join in soon.

Buybacks can often be a key ingredient to stock market returns for investors....

August 26, 2023, 1:27 pm

Marvell's stock sells off after company couldn't meet nvidia's high bar on ai

Marvell Technology Inc. had a tough act to follow this week, reporting the day after Nvidia Corp. blew Wall Street's collective mind with ...

August 25, 2023, 1:35 pm

Australia union threatens strikes at chevron lng facilities

Unions at Chevron's liquefied natural gas (LNG) facilities in Australia on Friday warned that work stoppages could cost the U.S. energy major ...

August 24, 2023, 8:44 pm

Wolfspeed stock tanks again -- it might be time to move on if you bought the sic hype

Wolfspeed touted its ambitious plans to supply the economy with power-efficient silicon carbide chips. Wolfspeed's plan was always risky since buildin...

August 24, 2023, 6:12 am

The premarket: nvidia, guess inc, splunk, snowflake, autodesk

Expectations smashed, again NVIDIA (NVIDIA Corporation (NASDAQ:NVDA)) stock advanced another 7.5% in Thursday morning's early deals after the chipmak...

August 24, 2023, 6:02 am

Global uncertainty freezes forex: banks face 15% revenue fall in forex trading

The downturn in market volatility is impacting currency trading desks, leading to reduced margins for banks and slowing the recovery following the eco...

August 23, 2023, 9:51 pm

Got $3,000? 3 tech stocks to buy and hold for the long term

Amazon, Alphabet, and Meta Platforms have products and services that impact the daily lives of billions ...

August 23, 2023, 6:05 am

Walmart probing suppliers accused of using inmate labor at cambodia women's prison

International trade of goods made by convicts is illegal in the US and in Cambodia, which has received preferential US trade terms on ...

August 22, 2023, 1:13 pm

Mark cuban passed on uber when it was worth $10 million or less. he missed out on billions of dollars in profits.

Mark Cuban says he turned down the chance to invest in Uber at a $10 million valuation. Uber's market value has surged by over 9,000-fold since then t...

August 21, 2023, 8:12 am

Malaysia pm vows to recover goldman sachs 1mdb settlement, warns of possible lawsuits

Goldman Sachs bankers were accused of helping a Malaysian financier plunder billions of dollars from ...

August 21, 2023, 2:04 am

Bitcoin volatility at all-time lows despite 15% crash, is a recovery rally on the cards or more downside?

Bitcoin price slid 15% between August 16 and 17, breaking its 55-day consolidation. This sudden downswing caused ...

August 19, 2023, 8:44 am

How bollinger shipyards privateered away billions in icebreaker profits from lockheed martin and huntington ingalls

Bollinger Shipyards has begun building the first of three new icebreakers for the U.S. Coast Guard. The first ship won't arrive before 2028, however, ...

August 19, 2023, 7:07 am

Struggling chinese real estate firm evergrande files for bankruptcy — as crisis for sector grows

The property developer experienced net losses worth tens of billions of dollars in 2021 and 2022....

August 17, 2023, 7:14 pm

Walmart expects to make a lot more money on selling ads for its products. here's what it's up against.

Walmart Inc. sells billions of dollars' worth of products in stores and online every quarter, and Thurs...

August 17, 2023, 7:13 pm

Adobe 'is emerging as an ai leader,' analyst says

BofA analyst Brad Sills upgraded Adobe stock to Buy from Neutral, and lifted the price target to $630 from $575. Artificial intelligence will add ...

August 17, 2023, 11:55 am


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