Following China’s recent policy meeting, it is evident that Beijing is placing a significant emphasis on the development of domestic technology. This focus on building up the tech industry within China has important implications for investors, particularly in the semiconductor and artificial intelligence sectors. Goldman Sachs analysts have identified key catalysts for certain Chinese tech
Colgate-Palmolive is a consumer products company that has been recommended as a top pick ahead of its second-quarter earnings report on July 26. Analyst Dara Mohsenian highlighted the positive catalysts for Colgate-Palmolive, such as pricing power and share gains. The stock has already seen a 23% increase in 2024, but Mohsenian believes there is still
The 2024 football season marks the official start for many fans who have been eagerly awaiting the release of Electronic Arts’ new college football game. Fans of the old game, who may have spent less time gaming in recent years, are quickly realizing that they need to brush up on their skills. The revamped version
Michael Saylor, a prominent figure in the world of Bitcoin and the co-founder of MicroStrategy, recently shared an optimistic view on the future of the leading cryptocurrency. He pointed out the significant increase in Bitcoin’s value over the past four years, particularly since August 20 when MicroStrategy began its regular Bitcoin accumulation. According to Saylor’s
An Oklahoma judge recently issued a permanent injunction against a state law that targeted investment banks for divestment purposes. The law, known as the Energy Discrimination Elimination Act, led to the banning of four investment banks from underwriting municipal bonds. Judge Sheila Stinson deemed the law unconstitutional and unconstitutionally vague, citing that it violated Oklahoma’s
Elliott Management’s recent acquisition of a significant stake in Starbucks has sent ripples through the financial world. The Wall Street Journal reported that Elliott is actively engaging with Starbucks management in order to devise strategies that will boost the company’s share price. This development has sparked speculation and curiosity among investors and industry insiders alike.
The recent global IT outage that affected several airlines around the world was a massive disruption that left thousands of passengers stranded and delayed. The outage, which was linked to a tech update by cybersecurity giant CrowdStrike, caused chaos in the aviation industry as well as other sectors. The extent of the impact was so
California voters are placing a significant emphasis on environmental policy in the upcoming elections, with a recent poll indicating that it could sway their decision on who to support for president. A majority of voters are in favor of a $10 billion bond measure aimed at funding flood control and climate resiliency projects, highlighting the
When it comes to infrastructure costs in the United States, one of the contributing factors to the high expenditures is the lack of capacity within state transportation departments. A recent study conducted by economics experts from various universities sheds light on the relationship between state DOT capacity and project-level costs. According to Will Nober, an
Michelle Mack, the leader of a nationwide organized retail crime operation targeting Ulta Beauty and other major retailers, has been sentenced to more than five years in a California state prison. This sentence comes after a plea deal where her husband, Kenneth, received the same sentence but will be released after one year. The couple