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Business

“Apple supplier Foxconn posts 9% fall in first-quarter revenue, sees growth ahead”

“Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared with the same period last year. The company, which trades as Hon Hai Precision Industry in Taiwan, recorded first-quarter revenue of 1.32 trillion New Taiwan dollars… Continue Reading…

Business

“Samsung expects first-quarter profit to soar 931% as memory chip prices rebound”

“Samsung Electronics on Friday said it expects to post a 931% increase in first quarter operating profit, as chip prices rebound. Operating profit in the January-March quarter likely rose to 6.6 trillion Korean won ($4.89 billion), up 931% from a… Continue Reading…

Stocks

“Reddit shares plunge almost 25% in two days, finish the week below first day close”

“…Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday… Reddit shares started off the week… Continue Reading…

Stocks

“Reddit prices IPO at $34 per share in first major social media offering since 2019”

“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at… Continue Reading…

Precious Metals

“Gold Retreats After Topping $2,200 an Ounce for the First Time”

“…The precious metal rose as much as 1.6% to a record $2,220.89 in early trading before erasing gains to drop as much as 0.9%. Gold has rallied nearly 10% since mid-February as the outlook for looser US monetary policy triggered… Continue Reading…

Stocks

“Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise”

“… …” https://www.cnbc.com/2024/03/14/dicks-sporting-goods-dks-earnings-q4-2023.html

Energy

“Gen Z are treating employers like bad dates: 93% ghost interviews and 87% have not even shown up for their first day of work”

https://finance.yahoo.com/news/gen-z-treating-employers-bad-121633798.html I don’t care about what this article has to say. I say good for Gen Z if they can afford it. Do what makes you happy. At the end of the day that’s all what matters. In reality work… Continue Reading…

Stocks

“Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend”

“Meta shares closed up more than 20% on Friday after the company reported a tripling in fourth-quarter profit and issued its first-ever dividend. Revenue rose 25% in the fourth quarter for Meta to $40.1 billion from $32.2 billion a year earlier.… Continue Reading…

Stocks

“Dow rises more than 100 points to close above 38,000 for the first time ever…”

“…The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh… Continue Reading…

Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…