Mercedes-Benz is going all-in on cost cuts after seeing its profits drop significantly, with the blame mostly on weak demand in China. The German luxury carmaker kicked off a cost-cutting mission after its net profit went from $4 billion to $1. 9 billion in the third quarter. That's a dramatic cut f
Tesla's stock saw a big jump after its earnings report, making investors happy. This jump was so big that it caused a lot of people who bet against Tesla to rush out and buy the stock. This rush made the stock's price change a lot, which is what we call "volatility. " With this volatility, investors
Microsoft is facing a big decision. On December 10, its shareholders will vote on whether the company should invest in Bitcoin. This vote comes after a conservative think tank, the National Center for Public Policy Research, suggested that Bitcoin could be a great way to protect against inflation. B
Dana White, the UFC president, recently chatted with Facebook's Mark Zuckerberg about enhancing the UFC rankings system using artificial intelligence. This discussion came after White's frustration with the current voting system, which involves a group of media outlets selected by the UFC. The ranki
Ever wished for brighter, cheaper, and less power-hungry OLED monitors? TCL, a well-known tech company, is making that wish a reality with its new inkjet-printed OLED technology. This method reduces waste, cuts costs, and more efficiently produces OLED displays. At a recent conference, Ming-Jong Jou
TSMC, the Taiwanese tech giant, has been in the hot seat lately. It's been selling semiconductors to Huawei, a Chinese company under US sanctions. You might think, "Uh-oh, that's not good. " But hold on, there's more to the story. TSMC says it's in the clear because Huawei placed the orders before t
Cryptocurrency markets are like rollercoasters, with prices zooming up and down. When your coin’s value starts to plummet, it's easy to hit the panic button. But hold on! There are smarter moves to make. First, chill out. Panic leads to bad decisions, and bad decisions cost money. Take a deep breat
Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that
This week, Apple CEO Tim Cook has been busy in China, meeting with important people and making big promises. It all started when Cook sat down with China's IT minister to chat about Apple's future in the country, online safety, and cloud services. After this meeting, Apple revealed that it plans to
Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy.
