Costco stock price has retreated in the past few weeks as investors remain concerned about its valuation and the potential supply chain challenges. COST shares retreated from the December high of $1000 to $920, hovering near its lowest level since November 20th. So, is it safe to buy COST shares?…
Sam Altman, the head honcho at OpenAI is facing serious allegations of sexual abuse. His sister, Annie Altman, has filed a lawsuit in the US District Court for the Eastern District of Missouri, accusing him of sexually abusing her during her childhood. The lawsuit alleges that the abuse began…
The honeymoon period is over for Ola Electric, the fast-growing Indian electric motorcycle company, as its stock continues its downtrend. Ola Electric’s share price has erased most of the gains made after its initial public offering in 2024. It has crashed by over 52% after peaking at ₹157 following its…
The addition of Contemporary Amperex Technology Co., Limited (CATL) to a Chinese military-linked entities list has thrust Tesla’s reliance on the Chinese battery giant into the spotlight. While the designation currently imposes no direct sanctions, it sends a stark warning to US companies about potential security risks in collaborating with…
Investors looking for high and safe dividends today have many options. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Schwab US Dividend Equity ETF (SCHD) are some of the best options. JEPQ, a top covered call ETF, yields 9.4%, while the SCHD has a dividend yield of about 3.5%. …
India’s biggest information technology (IT) company, Tata Consultancy Services (TCS), is set to kick off the December quarter earnings season with its results on January 9. While revenue for the IT giant is widely anticipated to remain muted due to higher furloughs in Q3, a depreciation of the Indian rupee…
Subscriptions to streaming services and the revival of the popularity of vinyl pushed the UK music industry’s revenues to a record high last year at almost £2.4 billion, the Entertainment Retailers Association (ERA) said. The development has finally marked the recovery of the industry that was struggling due to the…
The latest report from Fidelity Digital Assets offers a compelling vision for the future of digital assets, predicting transformative shifts that could reshape the global financial landscape by 2025. Moving beyond individual cryptocurrencies, the report highlights three pivotal trends: the increasing adoption of Bitcoin by nation-states, the rapid growth of…
Joby Aviation stock price continued its strong momentum, reaching a high of $10.72, its highest level since July 2023. It has surged by over 130% from its lowest level in 2024, pushing its market cap to over $7.52 billion. Joby’s stock performance has mirrored that of other top electric vertical…
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has triggerred a sharp selloff of its stock. Tencent executed its largest single-day share buyback since 2006, acquiring 3.93 million Hong…