January 8, 2025
“More than 700 current and ex McDonald’s staff are suing the firm over allegations bosses sexually abused them as teenagers. The burger giant has been hit by new claims just a year after UK chief Alistair Macrow apologised over sordid… Continue Reading…
January 8, 2025
https://www.cnbc.com/2025/01/07/hedge-at-start-of-2025-are-dumping-shares-at-fastest-pace-in-7-months.html The article is behind a paywall but I want to say a couple things about the headline. This is good news for highly shorted stocks like GME and AMC. Hedge funds don’t seem so bold now. Lets see how… Continue Reading…
January 8, 2025
“McDonald’s joins a growing list of companies that are pulling back on diversity, equity and inclusion initiatives. Like others before it, the fast-food chain cites a U.S. Supreme Court decision in July 2023 that outlawed affirmative action in college admissions… Walmart The world’s… Continue Reading…
January 7, 2025
“Nvidia (NVDA) stock closed at a record high on Monday ahead of CEO Jensen Huang’s keynote address at the annual Consumer Electronics Show (CES) in Las Vegas. Shares rose more than 3% to $149.43 — north of Nvidia’s previous record closing price… Continue Reading…
January 7, 2025
“…TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers. Revenue for Apple’s biggest iPhone assembler jumped 15.2% to T$2.13… Continue Reading…
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