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Nov 05 2024BUSINESS

Palantir's Shares Soar After Boosted Guidance

Palantir Technologies, a data analytics software company, saw its shares surge by a whopping 23% on Tuesday, setting a new record high. This jump came after the company released impressive third-quarter results and optimistic future predictions. The stock price hit $51. 19, surpassing its previous p

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Nov 05 2024BUSINESS

Top Events for Black Professionals in November: Boost Your Career!

As November nears, it's a prime time for Black professionals to make big career moves. With companies preparing for 2025, these seven top-notch conferences offer chances to learn, connect, and shine. Let's start with Houston's AfroTech Conference (Nov 13-16). This is the largest Black tech gatherin

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Nov 05 2024BUSINESS

Microsoft Struggles to Keep Up with AI Data Center Demand

Microsoft's recent quarterly report showed impressive growth, but investors were underwhelmed. Despite a 16% increase in revenue and strong performance in cloud services, Microsoft is having trouble building data centers fast enough to meet the demand for artificial intelligence (AI). The tech gian

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Nov 02 2024BUSINESS

The Tech Titans Redefining Market Growth

You might have heard of "The Magnificent Seven, " a classic Western film about a band of heroes. Well, in the world of finance, there's a new Magnificent 7 too! But these heroes aren't fighting bandits; they're tech companies driving market growth. Bank of America's Michael Hartnett coined this phra

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Nov 02 2024BUSINESS

Elon Musk's Gutsy Predictions: How They're Shaping Tesla's Future

Elon Musk, the visionary CEO of Tesla, has boldly predicted impressive growth for his company by 2025. His words at the recent earnings event caused a surge in Tesla's stock price. This sudden boom has the experts looking at the technical aspects, and they're saying everything is set for a strong ru

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Nov 02 2024BUSINESS

Google's AI Bet Pays Off Despite Legal Troubles

Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily

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Nov 01 2024BUSINESS

Comcast Mulls Future of Cable Networks Like MSNBC

Comcast, the parent company of NBC, is considering a big change. They might split off some of their cable networks, like MSNBC and CNBC, into a new company. This isn't because these networks are failing, but because the way people watch TV is changing. More people are streaming shows online instead

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Nov 01 2024BUSINESS

Chili’s Bounces Back Big with Affordable Menu Items

Chili’s Bar & Grill has turned its business fortunes around, thanks to some wallet-friendly menu additions. This Dallas-based chain, known for its signature baby back ribs and fajitas, recently reported a stunning 14% increase in same-store revenues and a 6. 5% boost in customer traffic. The key to

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Oct 31 2024BUSINESS

Microsoft's Mixed Q1: Strong Earnings, Lower Stock

Microsoft recently shared its fiscal first quarter earnings, and while they beat expectations, the future looks a bit cloudy. The tech giant made $3. 30 per share and raked in $65. 59 billion in revenue, both higher than predicted. That's a 16% yearly increase in revenue. But the stock dipped 4% aft

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Oct 31 2024BUSINESS

Singapore's Digital Growth: The Role of SMBs and AI

Singapore's digital economy is thriving, with a whopping 17. 7% share of the country's GDP. Small and midsize businesses (SMBs) and artificial intelligence (AI) are the powerhouses driving this growth. Last year, the digital economy contributed SG$113 billion ($85. 31 billion) to Singapore's GDP, wh

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