“Why Nvidia Stock May Have Peaked — And What Investors Can Learn from Zoom’s Experience” Nvidia, a leading technology company known for its graphics processing units (GPUs), might be experiencing a similar trajectory to what happened to Zoom in October 2020. Despite reporting a staggering 355% revenue growth for its fiscal quarter, Zoom’s stock price…
Category: Business & Economy
#Microsoftstock
“Microsoft Stock Surges to Record High Following Appointment of Former OpenAI CEO” Microsoft’s stock soared to an all-time high on Monday, following the announcement of Sam Altman’s recruitment as the new head of the company. Altman, the former CEO of OpenAI, brings with him a wealth of experience in the field of artificial intelligence and…
#OpenAI
“Majority of OpenAI employees threaten to quit as backlash against company intensifies” In a major blow to OpenAI, hundreds of employees have declared their intention to leave the company amidst growing discontent. The widespread backlash stems from concerns over management decisions and a perceived lack of transparency. The employees, who are instrumental in developing OpenAI’s…
#OptusCEO
“Optus: Telecom boss Kelly Bayer Rosmarin quits after Australian outage” The chief executive of Australian telecom giant Optus has resigned after a nationwide outage this month. Kelly Bayer Rosmarin has been under pressure to quit after overseeing a tumultuous three years for the firm. Along with the network failure which left almost half of Australia…
#TheHeat
“Biden-Harris Administration Announces $169 Million to Accelerate Growth in U.S. Manufacturing and Clean Energy Workforce” The Biden-Harris administration has unveiled plans to allocate $169 million of funding to propel the growth of U.S. manufacturing and expand the clean energy workforce. This financial boost comes as a result of President Biden’s Inflation Reduction Act and the…
#DubaiAirshow
“Dubai Airshow 2023: A Unique Showcase of Technological Advancements and Innovation in the Aviation World” The Dubai Airshow 2023 stands out as one of the premier global events in the aviation industry, bringing together visionary perspectives and innovative technologies in this advanced sector. This event serves as an ideal opportunity for exhibiting companies to showcase…
#Irishnews
“Two new board members appointed to NTMA, bringing fresh expertise to Irishnews” The National Treasury Management Agency (NTMA) has announced the appointment of Myra Garrett and Fiona Ross as the newest members of its board, reinforcing its commitment to drive growth and financial resilience within the Irish economy. Myra Garrett, a seasoned financial executive with…
#JoeandtheJuice
“General Atlantic Acquires Majority Stake in Joe & the Juice: A New Era Begins for the High Street Chain” In a significant move, global growth equity firm General Atlantic has successfully clinched a deal to purchase a controlling stake in Joe & the Juice, the popular high street chain known for its delectable smoothies and…
#DPWorld
“Millions of dollars worth of meat exports held up at DP World Australia” Ararat Meat Exports, one of Australia’s leading meat exporters, is facing significant setbacks as container loads of frozen lamb and mutton are currently stuck at Swanson Dock in Melbourne. The company’s valuable meat exports, worth millions of dollars, are being held up…
#Hallmark
“Hallmark Features Browns Running Back Nick Chubb as Ornament in Latest Keepsake Collection” In their latest initiative, Hallmark has transformed Cleveland Browns’ star running back Nick Chubb into an exquisite ornament. This prestigious recognition makes Chubb the first Browns player to receive the Hallmark Keepsake treatment since Baker Mayfield and Odell Beckham Jr. in 2020….
#MBIE
“MBIE scraps $27 Christmas party subsidies amid spending cuts, voluntary redundancies investigated” One of the country’s largest ministries is canning its $27-a-head subsidy for Christmas parties as part of broader spending cuts set to intensify under the incoming National-led Government. The Ministry of Business, Innovation and Employment, which has more than 6500 staff across the country,…
#David’sSling
“Israel signs agreement for sale of David’s Sling air defense system to Finland” Deal valued at $339.6 million, says Israeli Defense Ministry. Israel has signed an agreement for selling its David’s Sling air defense system to Finland, the Israeli Defense Ministry announced Sunday. The ministry’s Director-General, Eyal Zamir, “signed an agreement for the sale of…