BuzzFeed Strikes Deal to Sell Majority Stake to Byron Allen for $120 Million
In a significant downturn for the once-celebrated digital publisher, BuzzFeed announced it…
PBOC Sets USD/CNY Central Rate at 6.8426 for Upcoming Trading Session
The People’s Bank of China (PBOC) announced its central rate for the…
GM Cuts Over 600 IT Jobs in Shift Toward AI-Focused Workforce
General Motors has recently made significant cuts within its Information Technology department,…
US stock futures rise as Wall Street anticipates April inflation report amid US-Iran tensions
US stock futures saw a positive uptick as investors prepared for the…
Michael Burry warns market has ‘jumped the shark’ amid AI frenzy
Michael Burry, the prominent investor known for predicting the U.S. housing crash…
Companies Making Headlines After the Bell: Hims & Hers, Aecom, Archer Aviation, Webtoon, Cleanspark, Mara Holdings, AST SpaceMobile, Gitlab
After hours trading revealed significant movements among several notable companies, reflecting varied…
FCC Commissioner Voices Support for Disney Amid Trump-Era Regulatory Scrutiny
In a significant display of support, FCC Commissioner Anna Gomez has publicly…
Circle Internet Group Raises $222 Million for New Layer 1 Blockchain, Arc
On May 11, Circle Internet Group, known for its USDC stablecoin, announced…
General Motors to Lay Off Hundreds of IT Employees Amid Cost-Cutting Measures
General Motors has initiated significant layoffs affecting hundreds of salaried employees within…
Stocks Making Headlines in Midday Trading: Trade Desk, Corning, Wendy’s and More
In midday trading, several stocks are making headlines for their notable movements,…