Former President Donald Trump addressed speculation about selling his shares in Trump Media & Technology Group, saying he has no plans to sell and reiterates his love for Truth Social. The stock surged on the news, gaining 25%.
Results for: Business
Virgin Voyages has partnered with IDeaS, a leading hotel revenue optimization company, to bring a sophisticated Revenue Management System (RMS) to the cruise industry. This groundbreaking initiative aims to revolutionize revenue management for Virgin Voyages by leveraging advanced demand forecasting, dynamic pricing, and inventory management tools.
Tanisha Lewis, Vice President of Diversity, Inclusion, and Social Impact at the Metropolitan Washington Airports Authority, was awarded the inaugural Excellence in Social Impact and Change Management Award by ACI-NA for her transformative leadership in promoting diversity, equity, and inclusion within the airport industry.
Shiba Inu (SHIB) is experiencing a surge, rallying 10% in the past week. Crypto traders are predicting a continued upward trend, fueled by a potential breakout from a falling wedge pattern. With a rising burn rate and a major upgrade to Shibarium, the meme coin is gaining traction in the market.
Boeing is facing a strike by 33,000 of its aircraft assembly workers, leading to production delays and potential financial risks. The strike comes as the company is already struggling with delays and a $60 billion debt. Analyst Ronald J. Epstein believes that a prolonged strike could worsen Boeing’s current situation, but a potential resolution could come within a week.
Former U.S. President Donald Trump’s cryptocurrency portfolio has suffered a significant decline, losing over $19 million in the past three months. This comes just before the launch of his controversial cryptocurrency project, World Liberty Financial. Despite the downturn, Trump remains a vocal advocate for digital currencies, shifting his stance from previous criticisms.
The developers of Palworld, Pocketpair, are considering a shift to a free-to-play model to sustain the game’s long-term profitability. While the game has been a massive success since its launch, the transition to a live-service model presents challenges and could spark backlash from existing players.
Adobe Systems (ADBE) reported strong Q3 2024 results, exceeding both revenue and earnings estimates. The company’s Digital Media segment continues to drive growth, with strong performance in Creative Cloud and Document Cloud. Adobe’s stock currently has a Zacks Rank #2 (Buy), suggesting potential for outperformance in the near term.
Tesla is gearing up for a packed October, with key events like third-quarter earnings, delivery figures, and its highly anticipated Robotaxi Day. While the Robotaxi event is expected to be a major highlight, an analyst advises investors to focus on the crucial delivery numbers first.
Microsoft’s recent round of layoffs within its gaming division has impacted key teams at Activision Blizzard, including those behind Call of Duty: Warzone Mobile and Warcraft Rumble. The cuts come after the company’s $69 billion acquisition of the gaming giant and highlight challenges in the mobile gaming market, particularly for Warzone Mobile, which has not met expectations despite its innovative features. Warcraft Rumble, while initially successful, has also faced waning interest, leading to further layoffs. Despite these setbacks, Microsoft’s overall gaming business remains strong, with surging content sales and a robust pipeline of upcoming releases.