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Apple Abandoned Its Car Project: Key Supplier Foxconn Is Now Collaborating with Sharp on an EV Prototype:

Benzinga Neuro | September 18, 2024

Sharp has revealed an innovative electric vehicle prototype, the LDK+, developed in collaboration with its parent company Foxconn (OTC:HNHPF). The announcement was made on Tuesday during Sharp Tech-Day in Tokyo. What Happened: The LDK+ concept car integrates the functionality of a traditional vehicle with a room-like interior, aiming to provide a new style of mobility. […]

BP Sells Stake in Gas Pipeline to Apollo: Raising Capital for What?

Lekha Gupta | September 16, 2024

BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp subsidiary, bp Pipelines TAP Limited, holds a 20% share in Trans Adriatic Pipeline AG (TAP). Trans Adriatic Pipeline AG runs a key 880-kilometer segment of the […]

Similarweb And Other Big Stocks Shifting Lower

Avi Kapoor | September 13, 2024

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday. Shares of Adobe Inc.  (NASDAQ:ADBE) shares declined 10.3% to $75.02 in pre-market trading after the company reported quarterly results. Adobe reported better-than-expected earnings for its third quarter on Thursday. The company said it sees fourth-quarter revenue in a range […]

Top 3 Industrials Stocks That May Rocket Higher In Q3

Avi Kapoor | September 11, 2024

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better […]

Palantir Stock Soars In Monday Premarket: What’s Driving The Surge?

Shanthi Rexaline | September 9, 2024

Shares of artificial intelligence-powered data analytics company Palantir Technologies, Inc. (NYSE:PLTR) climbed sharply in premarket trading on Monday. The gains can be traced back to a late-Friday announcement from S&P Dow Jones Indices that Palantir would be added to the S&P 500 Index, ahead of the start of trading on Sept. 23. Despite widespread anticipation, […]

‘Kamala Harris Is Pro Business:’ Mark Cuban Says Vice President’s ‘Centre 100%’ Policies Differ From Biden’s Proposals

Benzinga Neuro | September 6, 2024

Mark Cuban, the billionaire investor and owner of the Dallas Mavericks, expressed his support for Vice President Kamala Harris‘ economic policies. Cuban praised Harris for her pro-business approach and highlighted the differences between her policies and those of President Joe Biden. What Happened: Cuban refuted the idea that Harris would follow the same path as […]

Cannabis Is Flying Off the Shelves in These Five States

Jelena Martinovic | July 22, 2024

The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in recreational cannabis sales for the first half of 2024, as reported by Green Market Report’s Debra Borchardt. California cannabis supremacy can’t be argued even though many experts […]

Analyst With 87% Accuracy Sees Over 35% Downside In this Stock

Avi Kapoor | July 8, 2024

U.S. stocks closed higher on Friday following the release of jobs data, with the S&P 500 surging to fresh high during the session. All three major indices closed higher last week, with the Nasdaq Composite jumping 3.5%, and the S&P 500 adding around 2% during the period. The Dow, meanwhile, added around 0.7% last week. […]

Tech Workers in China: Is this why they are so successful overseas?

Benzinga Neuro | June 24, 2024

In a recent report, Chinese tech workers revealed their plight of working overtime amid slow growth of companies and rampant layoffs. What Happened: In a video conference, JD.com (NASDAQ:JD) founder Richard Liu reportedly warned his employees against prioritizing work-life balance, stating that the company had no room for such individuals. Liu addressed his staff with […]

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