Super Micro Computer’s decline – accounting scandals, stock collapse, and future uncertainties
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...
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%...
Ryanair posted an 18% drop in profit for the first half of fiscal 2025
Profit Decline: Ryanair's profit dropped 18% in H1 FY25, despite a 9% rise in passenger numbers due to lower average fares.
Strategic Fleet...
Crypto industry anticipates regulatory shift regardless of U.S. election outcome
With the US Presidential Election just two days away, the crypto industry is preparing for potential shifts in regulation, regardless of which candidate wins...
The health risks of prolonged sitting and how to counteract them
Prolonged sitting, or sitting for long hours, has become a part of life for many in today’s tech-driven world, whether it is due to...
Warren Buffett’s strategic moves: Why Berkshire Hathaway’s cash pile has hit record highs
Thought of by many as the most influential investor of our time, Warren Buffett has recently made significant adjustments to Berkshire Hathaway’s investment portfolio.
Warren...
TGI Friday’s Inc. has filed for Chapter 11 bankruptcy
Texas-based casual dining chain TGI Friday's Inc. has filed for Chapter 11 bankruptcy. The company operates 39 of TGI Friday's corporate-owned restaurants in the...
Anthropic says AI regulation is crucial for a safer future
According to Anthropic, there is an urgent need to have regulatory frameworks in place to address the growing risks of artificial intelligence (AI) misuse.
AI...
Tech giants bet big on AI and cloud infrastructure
Tech giants are experiencing a transformative period. Companies like Meta, Microsoft, Alphabet, and Amazon are making substantial investments in cloud infrastructure and artificial intelligence...
ExxonMobil reports net income of $8.6 Billion in Q3 and record production
ExxonMobil reported third-quarter net income of $8.6 billion, down 5% compared to last year's quarter.
Revenue for the third-quarter decreased by only 1% year-over-year...