Day: December 14, 2024
Many New Jersey drones sightings are ‘manned aircraft being misidentified as drones,’ FBI says
A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The FBI and Department of Homeland Security said on Saturday that ongoing investigations around reported drone sightings over New Jersey have found “many of the reported drone sightings are, in fact, manned aircraft being misidentified as drones.” The investigations have also found no evidence that […]
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ABC agrees to give $15 million to Donald Trump’s presidential library to settle defamation lawsuit
ABC News Anchor George Stephanopoulos Paula Lobo | ABC | Getty Images ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a lawsuit over anchor George Stephanopoulos’ inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E. Jean Carroll. According to settlement documents made […]
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Invesco launches ETF to maximize on the tech concentration craze
ETF Edge Invesco launches ETF to maximize on the tech concentration craze Published Sat, Dec 14 202411:00 AM EST Krysta Escobar WATCH LIVE Source
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Why fast-food companies like KFC and Chick-fil-A are betting on chicken tenders again
Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on a familiar favorite. Nearly half of all fast-food restaurants served the chicken item as of the third quarter, up 5.7% from the same period in 2019, according to […]
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A decade ago, she took over a struggling chipmaker—now she’s worth $1 billion: ‘Everything takes time’
When Lisa Su became CEO of Advanced Micro Devices (AMD) a decade ago, it hardly resembled a multibillion-dollar company. AMD stock was languishing around $3 per share. The company had cut about 25% of its staff, according to Time. But under Su’s leadership, the chipmaker has flourished: Today, AMD has a market cap of $205.95 billion […]
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Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role
President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company’s headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House, in Washington, DC, November 2, 2017. Getty Images When Broadcom tried to buy rival Qualcomm for $120 billion in 2018, […]
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Why it’s gotten more difficult to get a free first-class upgrade
Passengers deplane through the business class seating area on an American Airlines flight, London Heathrow Airport, Aug. 14, 2018. Jeff Greenberg | Universal Images Group | Getty Images Cheap seats aren’t enough for airline passengers anymore. Since the pandemic, travelers have shown airlines that they’re willing to pay up to sit at the relatively spacious […]
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Big Oil wants to help Big Tech power artificial intelligence data centers
Budrul Chukrut | Lightrocket | Getty Images Exxon Mobil and Chevron are jumping into the race to power artificial intelligence data centers, as the two oil majors bet tech companies will ultimately turn to natural gas to meet their tremendous energy needs. Exxon unveiled plans this week to build a natural gas plant to power […]
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XRP is the biggest winner of the Trump trade but investors are split on how far its rally can run
There’s been no bigger beneficiary of President-elect Trump’s pro-crypto promises than one of the oldest and most contentious names in crypto: the digital currency known as XRP . Since the election, the cryptocurrency has surged 370%, while bitcoin has climbed 46% and the broader crypto market, as measured by the CoinDesk 20 index, has gained […]
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Apple is among the most overbought stocks on Wall Street. Here are the others
The overall S & P 500 is struggling in December and certain tickers look primed for a further pullback. The broad market index ended Friday down 0.6% for the week, providing a pause from the upward tear equities have been on since President-elect Donald Trump regained the White House last month. The Dow Jones Industrial […]
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