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Lanon Wee
Sep 19, 20232 min read
Morgan Stanley Launches Generative AI to Support Financial Advisors
Morgan Stanley intends to proclaim the roll-out of their assistant that has been constructed using OpenAI's most recent software as...
Lanon Wee
Sep 18, 20233 min read
Erdogan Asks Musk to Construct Tesla Facility in Turkey
While in the United States for the United Nations General Assembly, Erdogan encountered Tesla and SpaceX CEO Elon Musk in New York. Known...
Lanon Wee
Sep 18, 20233 min read
Decrease in China Venture Capital Deals Rapidly Reaching Lowest Levels in Over Seven Years
Venture capital firms in China deployed $26.7 billion across 3,072 investments during the first six months of 2023, according to...
Lanon Wee
Sep 18, 20237 min read
The Streaming Model Proves Costly for Hollywood
In the past 10 years, the media industry has seen a major upheaval due to the consumer's switch to streaming. This shift has thrown...
Lanon Wee
Sep 18, 20233 min read
Proceeds from Disney Asset Sales to Advance Legacy Media
Investors may be pleased with Disney's choice to think about putting certain long-established media companies up for sale, even if the...
Lanon Wee
Sep 16, 20232 min read
Sequoia and Andreessen Suffer Massive Loss on 2021 Instacart Investment After 75% Drop in Valuation
Sequoia and Andreessen Horowitz injected $50 million each into Instacart during 2021, when the technology market was experiencing its...
Lanon Wee
Sep 16, 20232 min read
Senators Seek Clarity from Pentagon on SpaceX's Starlink Service in Ukraine
On Friday, Democratic Senators Jeanne Shaheen of New Hampshire, Elizabeth Warren of Massachusetts and Tammy Duckworth of Illinois sent a...
Lanon Wee
Sep 16, 20232 min read
Notable Intraday Activity for GM, Stellantis, Planet Fitness, Adobe, and Other Stocks
At midday trading, General Motors, Ford, and Stellantis have all made headlines; Ford's shares slightly increased, General Motors gained...
Lanon Wee
Sep 16, 20232 min read
TikTok Penalized for Violating Data Privacy of Minors
The regulators of Ireland issued a fine of €345m (£296m) to TikTok for breaching the privacy of minors. The grievance revolved around...
Lanon Wee
Sep 16, 20231 min read
Tracking the Pre-Market Activity of Arm Holdings, GM, Ford, Adobe and Other Stocks
Examine the corporations making headlines prior to the market opening. KeyCorp saw their stocks rise nearly 2% premarket following Piper...
Lanon Wee
Sep 15, 20232 min read
safety concerns France: Apple to Revise iPhone 12 in Response to Radiation Worries
The French Digital Minister has declared that Apple is set to issue an update for the iPhone 12 in France following worries about its...
Lanon Wee
Sep 15, 20237 min read
Wales Warns of 20mph Speed Limit Change Ahead with Sat-Nav Alert
Drivers have been cautioned not to depend on satellite navigation for the velocity cap on residential streets in Wales when it is...
Lanon Wee
Sep 15, 20232 min read
Share of Arm Increases 6% as Valuation Reaches $72 Billion on Second Day of Trading
Friday saw Arm Holdings jump 6% in pre-market U.S. trading. The company's initial public offering on Thursday priced its shares at $51...
Lanon Wee
Sep 15, 20233 min read
Yum China Claims Technology Investing Allows Expansion of Stores Without Increasing Staff
On Friday, Yum China CEO Joey Wat informed CNBC in an interview that the company is going to invest more in technology. This investment...
Lanon Wee
Sep 15, 20233 min read
August Retail Sales in China Unexpectedly Accelerates to 4.6%
Retail sales registered an increase of 4.6% in August compared to the same period in the previous year, exceeding the 3% growth estimated...
Lanon Wee
Sep 15, 20232 min read
Chip Designer from the UK Experiences Significant Market Return
Investors rushed to buy shares of UK chip designer Arm Holdings in its return to the stock market, driving its market capitalisation to...
Lanon Wee
Sep 15, 20235 min read
Firms Aiming to Normalize Psychedelic Drugs
In July, Josh Goldstein provided one of Bend, Oregon's first magic mushroom sessions under the new legal framework that allowed people to...
Lanon Wee
Sep 15, 20232 min read
Larry Ellison Visits Microsoft for Cloud Announcement
At a presentation on Microsoft's campus, Oracle co-founder and tech chief Larry Ellison and Microsoft CEO Satya Nadella made an...
Lanon Wee
Sep 15, 20232 min read
Arm Stock Soars 16% in Nasdaq Debut Following IPO of $51 per Share
Arm Holdings has begun trading on the Nasdaq with the ticker symbol "ARM." The firm, involved in chip design, is priced at a...
Lanon Wee
Sep 15, 20232 min read
Caesars Pays Out Millions in Ransom Before MGM Data Breach
Prior to the cyberattack that downed MGM's computer systems, Caesars gave a ransom payment estimated to be $15 million to a cybercriminal...
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