Author: Muhammad Demir
-
The Reason behind Volvo’s Electric Car Brand Shutdown
Volvo Cars’ CEO Jim Rowan is a big fan of electric vehicles. He showed off the new EX30, an electric car, at the company’s annual report on Thursday. He said Volvo was changing the car industry with its electric vehicles. He also said Volvo made more money from selling electric cars than anyone else, except…
-
Zuckerberg’s Net Worth Surges by $28 Billion as Meta Stock Skyrockets
Meta’s CEO Mark Zuckerberg saw his wealth soar by more than $28 billion in a single morning, thanks to a record surge in the company’s stock price. Zuckerberg, who already ranks among the richest people in the world with a net worth of over $140 billion, according to Bloomberg’s billionaire index, benefited from Meta’s announcement…
-
US tech stocks surge to new highs on strong earnings and robust jobs data
The tech sector was the star of this friday, as Meta Platforms, Amazon, Nvidia and Microsoft all reported better-than-expected earnings and saw their shares soar to new highs. Meta Platforms, formerly known as Facebook, surged 20.3% to close at $474.99, after announcing a record profit, a $50 billion share buyback program and its first-ever cash…
-
Meet Wall Street’s Newest Stock-Split Stock And Its Likely Contender
Wall Street has seen a lot of ups and downs since 2020. The CBOE Volatility Index, which measures how much the market swings, is at its lowest level in years. But investors have also witnessed the three major stock indexes go from bear to bull markets and back again in the past few years. When…
-
Amazon Introduces AI Shopping Assistant to Help Customers Find the Best Deals
Amazon, the e-commerce giant, had a stellar quarter at the end of 2023, as it reported revenue of $170 billion, a 14% increase from the same period last year. The company also launched Rufus, an AI shopping assistant, to help customers find the best products and deals online. Rufus: Amazon’s New AI Shopping Assistant On…
