by Lucas Shum | Dec 2, 2024 | Market News, Technology
Super Micro Computer Inc. (SMCI), a leading maker of high-performance servers, saw its stock price soar over 20% on Monday morning following a holiday weekend announcement that a recent independent review of the company’s business operations had found no evidence of...
by Lucas Shum | Nov 5, 2024 | Domestic, Economics, Events, Investing News, Market News, Politics, Stock Market
Shares of Trump Media and Technology Group (DJT), the parent company of Truth Social, surged dramatically on the morning of Election Day, rising by around 15% in early trading. This sharp uptick came as investors braced for the outcome of a highly anticipated...
by Lucas Shum | Sep 4, 2024 | Domestic, Economics, Investing News, Market News, Stock Market
Stocks are beginning to recover after a slight dip on Tuesday, which saw the S&P 500 and Nasdaq Composite each slip about 0.3%. The Dow Jones Industrial Average also fell, losing 55 points, or 0.15%. Despite the initial losses, the market showed signs of...
by Lucas Shum | Aug 28, 2024 | Domestic, Economics, Investing News
On Wednesday, the U.S. Securities and Exchange Commission (SEC) is expected to approve a significant overhaul of reporting requirements for mutual funds and exchange-traded funds (ETFs). If adopted, the new rule changes will mandate that these investment vehicles...
by Lucas Shum | Aug 26, 2024 | Automotive, Automotive, Cleantech, Politics, Products, Retail
In a decisive move aimed at reshaping global trade dynamics, Canada has announced a 100% tariff on imported Chinese electric vehicles (EVs). This bold step, which mirrors recent actions by the United States and the European Commission, marks a significant escalation...
