Things could be turning around for the mega-cap Magnificent Seven stocks, and a reversal of their recent downtrend bodes well for US stocks as a whole. The group of high-flying tech names — Meta, Microsoft, Nvidia, Apple, Alphabet, Amazon, and Tesla — has had a brutal start to the year, with Meta the only member…
Mixue, the world’s largest fast-food chain, had a blockbuster first day as a publicly traded company. The company’s shares jumped 30% from its IPO price when markets opened. The chain has over 45,000 stores and has attracted customers with cheap ice cream and bubble tea. A bubble tea chain from China just went public, and…
Chinese leader Xi Jinping met with the country’s top tech leaders, signaling support for the private sector. China has cracked down on Big Tech in recent years as it prioritized national security over private sector profit-making priorities. Chinese tech shares rallied after Xi acknowledged the importance and contributions of the private sector. Chinese leader Xi…
Local business owners in the Susquehanna Valley say they’re keeping a close eye on potential tariffs amid now-delayed efforts to implement the measures on Canadian and Mexican imports.Because many businesses use imported products as part of the services and products they sell and serve, some proprietors on Monday said they were already dealing with inflated…
Senate Bill 142 was filed last week in the Arkansas State Legislature and is expected to be presented to the education committee on Monday. The bill is centered on an act known as “Bell to Bell no Cell,” and aims to require districts to create a policy to prohibit cell phones throughout the whole school…
Nvidia stock is trading below a key technical level after this week’s $600 billion rout. The decline comes amid investor concerns over DeepSeek, a new AI model from a Chinese startup. The next catalyst for Nvidia is likely to be its earnings report on February 26. Nvidia stock is on thin ice as it trades…
Tech CEOs, GOP megadonors, and media personalities celebrated Donald Trump’s inauguration. Parties thrown by the likes of billionaire Peter Thiel and X attracted big Silicon Valley names. The weekend demonstrated a realignment of the richest’s Trump support as he starts a second term. Tech CEOs and billionaires were front and center, quite literally, at Donald…
A Cathay Pacific flight to Hong Kong returned to the US city of Boston shortly after take-off on Monday, with smoke reportedly seen in the cabin. The Hong Kong flag carrier’s flight CX811 left Boston Logan International Airport at 2.23am local time, according to tracking website Flightradar24. Reports on social media said smoke was coming…
TikTok went dark for 170 million US users on Saturday. Users have taken to other corners of the internet to react to the shutdown. Internet personality James Charles, who boasted over 40 million followers, called the move “dystopian.” TikTok shut down its app for 170 million US users on Saturday as the deadline for the…
The sudden collapse of the Assad regime has raised questions about Russia’s future in Syria. Russia has long enjoyed a military footprint at two key bases in the country. New satellite images show what Moscow’s warships and aircraft are doing now. Newly captured satellite imagery shows what the Russian military in Syria is doing following…