BUSINESS

Oct 03 2024BUSINESS

Report: Davante Adams wants to go to Jets, open to other teams

Aaron Rodgers and Davante Adams Potential Reunion on Jets It wasn’t long after quarterback Aaron Rodgers joined the Jets in 2023 that chatter about Davante Adams joining him on the AFC East club began to pop up, and it hasn’t gone away. This week, it has gotten even louder. Adams has requested a t

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Oct 03 2024BUSINESS

NVDA, LEVI, EVGO and more

The companies making headlines before the bell include Wolfspeed, Nvidia, Hims & Hers Health, EVgo, Levi Strauss, Constellation Brands, and Stellantis. Here is a breakdown of the news: Wolfspeed: The semiconductor stock fell nearly 5% after Mizuho downgraded it to underperform from neutral, citing

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Oct 03 2024BUSINESS

Live updates: Israel vows response to Iran attack as central Beirut hit

Israel Weighs Response to Iran's Largest-Ever Attack Iran's military chief warned of broader strikes if Israel responds to the recent attack, which killed at least nine people in central Beirut and marked the first time Israel has struck the area since 2006. The strike has raised fears of a wider a

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Oct 03 2024BUSINESS

OpenAI's Rapid Rise and What’s Next for AI

Artificial intelligence company OpenAI has just wrapped up a funding round, hitting a staggering $157 billion valuation. This milestone is thanks to $6.6 billion from investors like Thrive Capital, Microsoft, Nvidia, and SoftBank. The secret sauce? ChatGPT, launched in late 2022, which has taken gen

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Oct 03 2024BUSINESS

Levi's: A Mix of Highs and Lows

Levi Strauss & Co. is facing an interesting mix of successes and challenges. Their iconic jeans and athleisure line, Beyond Yoga, are doing incredibly well. But there's a hiccup with their khaki brand, Dockers. Sales have taken a 15% nosedive, which isn't great news for the company. To deal with thi

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Oct 03 2024BUSINESS

Shoppers Go Wild in Houston: What's Up with All the Empty Shelves?

Ever seen people rushing to stores and grabbing all the toilet paper and water they can find? That’s exactly what happened in Houston recently. But why? Well, some big ports are closed, and that’s messing up supply chains. People got scared there wouldn’t be enough stuff like toilet paper or water,

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Oct 03 2024BUSINESS

Texas Port Strike: Will Your Holiday Drinks Dry Up?

Imagine planning a festive gathering only to find out that your favorite drinks might not make it in time. That's the reality Texas is facing due to an ongoing port strike, and retailers like Spec's are feeling the heat. They placed orders for thousands of cases of wine and champagne way back in Jun

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Oct 02 2024BUSINESS

Nike's New Chapter: What to Expect from Upcoming Earnings Report

Get ready for Nike’s quarterly earnings report – it’s going to be a big one! The world's largest sneaker company is facing some challenges, like a possible drop in sales and profits. But they’re also starting a new chapter with their new CEO, Elliott Hill. Hill has been with Nike for 32 years and kn

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Oct 01 2024BUSINESS

Interest Rate Cuts Coming, But at a Slow Pace

The Federal Reserve Chair, Jerome Powell, recently announced that the US economy is in a solid shape and that interest rate cuts are on the horizon. However, these cuts will not come as a rapid-fire series of rate reductions. Instead, they will be implemented at a measured pace, intended to support

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Sep 30 2024BUSINESS

Unlocking Innovation: The Entrepreneurs Summit V

The Entrepreneurs Summit V is an annual gathering of top entrepreneurs, corporate leaders, government officials, and investors. Taking place on October 24, 2024, at the Asia School of Business, this premier event is expected to attract over 1,700 registrants from various sectors, including startups,

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