How do kids get interested in anything these days? It was a YouTube video that first hooked Alexander Choi, 10, and his brother, Roman, eight, on Rubik’s Cubes last year; the clickety-clack of the cube, the flash of colours and precise turns that restored order to chaos. The Hong Kong-based siblings have been obsessed with…
Apple is preparing to invest approximately $1.5 billion in the satellite company Globalstar, Azernews reports. This investment will enhance Globalstar’s satellite network, which has been used to manage the emergency messaging service that allows users to send text messages via satellite since the launch of the iPhone 14. The service enables the phone to connect…
President Joe Biden’s latest and largest Taiwan arms sale represents a “significant broadening” of US support for the island, according to observers citing the first-ever inclusion of an advanced missile defence system battle-tested in Ukraine. Last week’s scale-up comes amid rising aerial threats from the People’s Liberation Army, they have pointed out. Unlike previous Biden…
Indexes weakened in afternoon trading and closed near session lows Friday in a middling rebound to the prior day’s sell-off. But indexes held above critical chart levels. The Dow Jones Industrial Average closed 0.7% higher and a fraction above its 50-day moving average. The S&P 500 trimmed its gain to 0.4% after being up about…
The stock market rally suffered sharp losses on Thursday, pushing the major indexes to or below key levels following generally weak reactions to tech titans’ earnings, including Microsoft (MSFT). preelection concerns might also be playing a role, along with Treasury yields pushing up on key levels. But stocks bounced somewhat on Friday, buoyed by Amazon.com…
Early voting is under way across the United States ahead of Tuesday’s presidential election. Republican candidate Donald Trump and Democratic candidate Kamala Harris have both made last-minute efforts to court union voters – a core voting bloc, especially in swing states like Michigan, where groups like the United Auto Workers (UAW) have significant sway among…
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with the presidential election, the next Federal Reserve meeting and a continued earnings wave giving the stock market jitters. Warren Buffett’s Berkshire Hathaway (BRKB) reports Saturday, with cash holdings, buybacks and net equity holdings in focus. Vistra (VST), the S&P…
Discover the world’s wealthiest individuals, from Musk and Bezos to Bill Gates and Warren Buffett, as we rank the 15 top billionaires each with a net worth exceeding US$100 billion and explore the sources of their fortunes. 2. Discover the wealth of the world’s richest lawyers, from Nicole Shanahan and Sergey Brin to Bill Neukom…
If Elon Musk joins the United States government following a Donald Trump victory in the presidential election, he will be the latest in a succession of billionaire businesspeople to hold public office. From the late Vice President Nelson Rockefeller and former New York City Mayor Michael Bloomberg to Illinois Governor JB Pritzker and former President…
Dow Jones futures edged higher after hours, along with S&P 500 futures and Nasdaq futures as Apple (AAPL) and Amazon.com (AMZN) headlined key earnings overnight. The October jobs report is on tap. The stock market rally had a damaging day, with all the major indexes breaking or testing key levels. The Nasdaq led the sell-off…