Apple’s aggressive discounting strategy in China appeared promising earlier this year. During an online shopping festival in May, the tech giant offered significant…
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Editor's PickInvesting
Malaysia demands compensation from Microsoft and CrowdStrike following global outage: Will others follow?
In a significant development, Malaysia has demanded compensation from Microsoft and CrowdStrike for a massive global outage that disrupted internet services and affected…
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Editor's PickInvesting
Uber and Lyft win court battle: Drivers to remain classified as independent contractors
In a significant legal victory for gig economy companies, an appeals court in California has upheld Proposition 22, allowing Uber, Lyft, DoorDash, and…
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How a second Trump presidency could impact electric vehicles and clean energy policies
The possibility of Donald Trump securing a second term as President of the United States raises significant questions about the future of electric…
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MaxLinear stock plunges 30% after Q2 earnings miss, Needham downgrades: What investors need to know
MaxLinear Inc. (NASDAQ: MXL), a prominent player in the radio frequency and mixed-signal integrated circuits sector, has experienced a dramatic 30% drop in…
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Editor's PickInvesting
Jet fuel prices fall to $2.39: How this affects your airline ticket prices and aviation industry trends
Jet fuel prices have seen a dramatic drop, now standing at $2.39 per gallon as of July 2024, marking a significant 42% decrease…
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Chipotle Mexican Grill (NYSE: CMG) delivered a solid performance in its second-quarter earnings report, showcasing a strong revenue increase and impressive customer engagement…
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Editor's PickInvesting
Filecoin (FIL) plummets 12% despite growing ecosystem and Grayscale recognition
Filecoin (FIL) is facing a significant downturn, with its price dropping to approximately $4.18, marking a 12% decline from recent highs. This drop…
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US investment group Apollo has struck a deal to buy UK parcel delivery company Evri, gaining control of a significant competitor to Royal…
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Editor's PickInvesting
Musk to seek Tesla board approval for $5 billion investment in AI start-up xAI
Tesla chief executive Elon Musk announced his intention to seek board approval to invest $5 billion in his artificial intelligence start-up, xAI. The…