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Lanon Wee
Aug 23, 20231 min read
Biggest Pre-Market Movers: Dick's Sporting Goods, Fabrinet, Macy's, AppLovin, etc.
Before the bell, several companies made headlines. Fabrinet jumped 21% after their fiscal fourth-quarter results exceeded analysts'...
Lanon Wee
Aug 22, 20232 min read
Baidu's Revenue Increase Surpasses Predictions in China
Baidu, a Chinese technology corporation, saw its revenue escalation by 15% in the second quarter as compared to one year ago, with the...
Lanon Wee
Aug 22, 20232 min read
Microsoft Agrees to Acquisition of Call of Duty Developer
Microsoft has put forth a new offer to acquire Activision Blizzard after their original proposal worth $69bn (£59bn) was not approved by...
Lanon Wee
Aug 22, 20232 min read
Microsoft Resubmits Activision Blizzard Acquisition Proposal to UK Regulator After Initial Rejection
On Tuesday, Microsoft presented a new agreement to the U.K.'s Competition and Markets Authority (CMA) after its initial offer was denied....
Lanon Wee
Aug 22, 20233 min read
IBM CEO Predicts AI Could Help Workers Rather Than Displace Them
IBM chairman and CEO Arvind Krishna told CNBC that white-collar positions are among those that will be affected earliest by AI. He stated...
Lanon Wee
Aug 22, 20232 min read
Trudeau Voices Opposition to Facebook News Ban During Canadian Wildfire Crisis
This video cannot be played. View: Trudeau condemns Metas move to prohibit news coverage during wildland fire emergency Justin Trudeau,...
Lanon Wee
Aug 22, 20233 min read
Auschwitz Museum Leads to Removal of Holocaust Denial Post
Previously named Twitter, X has eliminated a post refuting the Holocaust after admonishment from the Auschwitz Museum. Initially, the...
Lanon Wee
Aug 22, 20233 min read
Arm, UK Microchip Company, Submits Application for US Stock Offering
Arm, a UK-based manufacturer of microprocessors, has announced that it has submitted documents in the US for an offering of its shares. ...
Lanon Wee
Aug 22, 20233 min read
SoftBank Prepares to Offer Nasdaq Shares in Chip Designer Following $32 Billion Acquisition
Arm, controlled by SoftBank, submitted paperwork on Monday to belisted on the Nasdaq. The British chip manufacturer is seeking to go...
Lanon Wee
Aug 22, 20233 min read
Zoom Surpasses Predictions and Increases Forecast for Annual Results Due to Business Growth
Zoom exceeded projections in both revenue and profits, and raised its estimations of its full-year outcomes. During the quarter, Zoom...
Lanon Wee
Aug 22, 20234 min read
Google's Veteran Employees Take on New Challenges While Looking for Their Place in the Future
In the last few months, Google has seen a succession of executives departing, some in pursuit of new opportunities, others to focus on...
Lanon Wee
Aug 22, 20235 min read
Implications of ARM's Upcoming Initial Public Offering for SoftBank and the IPO Market
It is predicted that Arm, a company owned by SoftBank, will submit an application for its IPO on Monday as per reports. The British-based...
Lanon Wee
Aug 22, 20233 min read
Tax Authority Requires Cut From Unexpected Windfalls in Piano
Experts have asserted that any gold coins, meteorites, or other valuable items discovered must be classified as taxable income. This is...
Lanon Wee
Aug 21, 20233 min read
Adyen's Market Value Plummets by $20 Billion in a Day: An Explanation of the Situation in Europe
Shares of Adyen saw a hefty drop of 39% on Thursday, leading to a loss of 18 billion euros ($20 billion) in the company's market value....
Lanon Wee
Aug 21, 20233 min read
Adyen Shares Tumble $20 Billion in One Day: Breaking Down the Situation
On Thursday, Adyen's stock tumbled 39%, costing the company 18 billion euros ($20 billion) in market capitalization. This is due to...
Lanon Wee
Aug 21, 20234 min read
First Wind-Powered Cargo Vessel Embarks on Voyage
A cargo vessel featuring colossal, British-constructed particular wind-propelled sails has commenced its introductory journey. Cargill,...
Lanon Wee
Aug 21, 20233 min read
Xpeng Anticipates Cost Reductions and Volkswagen Agreement to Lessen Losses
Xpeng, a Chinese electric vehicle manufacturer, is counting on the cost reductions and collaboration with Volkswagen to improve its...
Lanon Wee
Aug 21, 20233 min read
China's Regulators Call for Assistance in Addressing Local Debt Vulnerabilities
On Friday, Chinese financial regulators held a conference in which they discussed ways to tackle the looming issue of local debt risks....
Lanon Wee
Aug 21, 20234 min read
Using Virtual Reality for Enhanced Training in the Workplace
Picture yourself having been teleported to Mars in the form of a robotic avatar. In the VR you inhabit, these other people are also...
Lanon Wee
Aug 21, 20233 min read
Investment of Millions by Startups in Creation of Drugs and Semiconductors in Space
Though it may seem like a concept from science fiction, in-space manufacturing is already occurring in quite limited capacities....
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