General Motors and Lithium Americas have announced that they would delay a major $330 million investment project. The project would invest in the Thacker Pass mines in Nevada.
Analysts estimate that Warren Buffett's fund Berkshire Hathaway has sold of more than $6 billion of Bank of America stock.
Despite upcoming US interest rate cuts, data for August has revealed that investors continue to pile into money markets, preferring the safety of holding cash.
US State Department records have revealed that the arms company RTX has been fined $200 million for violating export laws. Namely, the firm exchanged data and products with a number of prohibited countries, amongst which is China.
Due to continuously growing costs, Campbell Soup Company has announced that it would reduce its annual profit expectations below the Wall Street market consensus numbers.
Nvidia has reported that various national governments have been creating their own AI models and with it have become the company's clients.
For the first time in 15 months, the Japanese government has revealed that it is increasing the country's economic assessment, as consumption of goods has reportedly increased.
The Institute for Supply Management has published the United States Manufacturing Purchasing Managers Index survey results. The results are near the forecast, but still were enough to cause a surge of the US Dollar
The data giant Google is evaluating whether to open a new data centre in the South Asian country of Vietnam. The new data centre would be the first in the country.
Warren Buffett has reported a sale of Bank of America stock that totals $981.9 million. Buffett has been selling off various stocks throughout the past weeks in expectations of market turmoil.
The Swiss Federal Statistics Office has published the Swiss monthly inflation data. Inflation in Switzerland has stalled. The Swiss Franc is reacting to the news by declining.
The US Energy Department has announced that 2023 US clean energy sector job growth has been double, compared to the overall job growth.
The Warren Buffett's Berkshire Hathaway fund has passed $1 trillion in market capitalization, as recent announced decisions by Buffet had boosted buying of the fund's shares.
A US appeals court has allowed a mother of a ten-year-old to sue TikTok over the child participating in a viral challenge that had participants choke themselves until passing out. The court has ruled that despite the company not making the content, its algorithms suggested it to the minor.
Dick's Sporting Goods have revealed that the firm's information systems have been accessed by an unauthorized party. The attacker has managed to access confidential data.
During the past few trading sessions, the stock price of Super Micro Computer has plummeted, as the company announced a delay of the revealing of its annual financial report. The firm announced that it needs more time to assess the effectiveness of internal controls. The announcement happened a day after Hindenburg research shorted the firm on alleged accounting manipulation.
The US producer of Jif peanut butter, J.M. Smucker has reduced annual sales and profit expectations for 2024, as the firm's customers have switched to cheaper alternatives.
Due to higher than expected demand for apparel, Abercrombie & Fitch has increased its 2024 sales forecasts. However, since the event, the stock price has experienced a decline, as the firm's stockholders expected a higher surge of demand and potential earnings.
US corporate world has reportedly turned to foreign exchange options in an effort to protect their cash flows from potential turmoil from the US presidential election and the Fed interest rate cuts.
The Chinese government has started an inquiry into EU subsidies of dairy product imports to China. The investigation is seen as a retaliation to EU's tariffs on Chinese made electric vehicles.
Dell Technologies have reported resilient demand for servers, which in turn has resulted in the firm increasing its annual profit expectations.
The United States Workplace Safety Agency has started an investigation into the death of two Delta Air Lines employees at a company maintenance shop.
The self-driving truck company has settled a lawsuit that accused the company of defrauding shareholders by overstating safety records and hiding insider control of a Chinese trucking rival. TuSimple has paid out $189 million in settlements.
The US Drug Enforcement Administration has postponed the potential cannabis reclassification to December 2, due to the upcoming US presidential election. The news have caused a drop of cannabis firm stocks.