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Lamborghini reported record reuslts in the first nine months of 2024
Italian luxury sports car maker Lamborghini reported record reuslts in the first nine months of 2024.…
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China and EU in tense trade dispute over electric vehicle tariffs
The European Union (EU) and China, two major economic powers, are locked in an escalating trade dispute over electric vehicle (EV) tariffs. Tariffs are duties or taxes that are levied on imported…
AI startup Physical Intelligence raised $400 million in latest funding round
San Francisco-based AI robotics startup Physical Intelligence has raised $400 million in its latest funding round.
So, what’s the appeal? Investors see potential in the startup’s aim to…
Super Micro Computer’s decline – accounting scandals, stock collapse, and future…
Super Micro Computer Inc. (NASDAQ: SMCI) was once the darling of the AI hardware sector, celebrated for its amazing growth.
Unfortunately, a series of recent accounting controversies,…
24% of home buyers in the US are first-time buyers, lowest level since 1981
Low Numbers for First-Time Buyers: First-time home buyers now make up only 24% of the market. This is a big drop from 32% last year and the lowest since 1981.
Older Buyers and…
Business Word of the Day
Abbrochment
Abbrochment occurs when a business monopolizes a market by buying product in bulk before they come to market. The aim is to sell those products at much higher prices in the retail market.
The verb “To Abbroach” is to hoard a product until you are the only one suppling it. You the sell it at a higher-than-normal price.
Market Business News is an online newspaper that specializes in publishing financial, economic, stock market, and business news articles on a daily basis.
The website also features a very comprehensive financial glossary with thousands of terms and their meanings.