Elon Musk Sues OpenAI
Elon Musk Sues OpenAI and CEO Sam Altman Elon Musk is embroiled in yet another high-profile battle, this time taking on artificial-intelligence start-up OpenAI and its CEO, Sam Altman. Musk…
AI Revolutionizing Stock Picking
The financial world is witnessing a new era as artificial intelligence technology is being leveraged by banks to serve their clients better. Openbank, the online unit of Santander Group, is…
Decline in Construction Spending
In January, both U.S. companies and the government reduced construction projects nationwide due to high interest rates, leading to a 0.2% decrease in construction spending to $2.1 trillion, according to…
Super Micro and Deckers Join S&P 500
Super Micro Computer and Deckers Outdoor are set to join the S&P 500 index as announced by S&P Dow Jones Indices after the market closed on Friday. The two companies…
South Korea and U.S. Military Exercises
SEOUL, South Korea — South Korea and the United States have kicked off their annual military exercises to enhance their preparedness against North Korean nuclear threats, following an escalation in…
U.S. Stock Futures on Pause
Market Overview Dow Jones Industrial Average futures YM00, -0.22% fell 75 points, or 0.2%, to 39067. S&P 500 futures ES00, -0.13% dropped 2 points, or 0%, to 5144. Nasdaq-100 futures…
Stock Market Update: Macy’s and Super Micro Computer Lead Gains
As the U.S. stock markets prepare to open in two hours, Macy's Inc. (M) is showing a strong performance, up 16.6% in pre-market trading, followed closely by Super Micro Computer…
Sea Ltd. Surges to Seven-Month High
Shares of Sea Ltd. surged to a seven-month high on Monday following the e-commerce and online gaming platform company's fourth-quarter revenue report that exceeded expectations. E-commerce Boom The Singapore-based company…
Macy’s Inc. Takeover Bid
Macy’s Inc. Receives Sweetened Takeover Bid Macy’s Inc.’s shares climbed 15.4% on Monday, following an increased takeover bid from investor group Arkhouse Management and Brigade Capital. The new bid now…
Former Twitter Executives Lawsuit Against Elon Musk
Four former executives of Twitter Inc., including former Chief Executive Parag Agarwal, have filed a lawsuit against company owner Elon Musk for over $128 million in severance. The lawsuit, filed…
The Bull Market Needs Some Bad News
The bull market in U.S. stocks is in need of a shake-up, according to Marko Papic, chief strategist at the Clocktower Group. Market Movement Stocks took a dip on Monday…
Berkshire Hills Bancorp to Sell 10 NY Branches
Berkshire Hills Bancorp has announced the sale of 10 New York-based branches in a strategic move to improve efficiencies within its network. The banking holding company's subsidiary, Berkshire Bank, has…