Over the past six months, the average dry van truckload contract rate has shown a slight increase of 1. 2%. This change might seem minor, but it's actually significant in the surface transportation market. Despite being down 2%-3% annually, these rates have grown since the second quarter of the year
It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dub
Apple has climbed back to the top of China's smartphone market, thanks to the success of the iPhone 16. The company now holds 15. 6% of the market, just ahead of Huawei, which has 15. 3%. This is a significant turnaround for Apple, which fell to sixth place in the second quarter. Huawei has also ma
Tesla's stock had a stellar week, closing at its highest price in 13 months. On Friday, shares jumped by 3. 4%, ending the day at $269. 19. This uptick came after a massive 22% surge on Thursday, following Tesla's impressive third-quarter earnings report. The company, led by Elon Musk, exceeded anal
The Nasdaq stock market hit its highest value ever. This milestone is significant because it shows investor confidence in tech and growth companies. The rise was driven by big tech stocks like Apple and Amazon, which have performed exceptionally well in recent times. Investors might wonder if this
Yesterday, Cadence Design (CDNS) caught the attention of Wall Street again. Morgan Stanley's analyst Lee Simpson decided to keep the 'Buy' rating on the stock, aiming for a price target of $280. 00. Simpson is optimistic about Cadence despite some tough times. Even if big players like Intel and Sams
This week was a big one for K-pop companies. YG Entertainment, the home of BLACKPINK’s ROSÉ, saw its stock jump after her new song with Bruno Mars hit it big. ROSÉ's "APT" topped global charts, raking in millions of streams in just days. Other K-pop giants like SM Entertainment and HYBE also saw the
In the third quarter of 2024, China's smartphone market saw a slight bump, with around 69 million phones shipped—a 3. 2% increase from last year. This marks the fourth straight quarter of growth, mostly thanks to local brands. Vivo, for instance, boosted its sales by 21. 5%, staying at the top spot
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
