HindenBurg Tackles Square
Hindenburg Research has announced that it holds short positions in Block Inc and has accused the payments company, led by Twitter co-founder Jack Dorsey, of inflating its user numbers and understating its customer acquisition costs.
Go Deeper (2 min read)The End Of The Tech Bubble?
Silicon Valley Bank's collapse has sent shockwaves through the global banking industry, leading to widespread concerns about the financial stability of lenders.
Go Deeper (2 min read)U.S. Manufacturing Is Starting To Show Cracks
Weaker manufacturing data could indicate that consumers and businesses are becoming more cautious in the midst of economic uncertainty.
Go Deeper (2 min read)Meta Sells Badges
Meta Platforms revealed its latest attempt to grow sales, Meta Verified, a monthly subscription service aimed at boosting user authentication and supporting content creators' growth and community building
Go Deeper (2 min read)Elon Musk's Twitter Takeover
Since Elon Musk took ownership of Twitter four months ago, the social media platform has become his personal playground. As the billionaire promised to restore "free speech," Twitter users expected some changes.
Go Deeper (2 min read)More from Business
ChatGPT, The New Web3?
OpenAI, the research facility behind the popular ChatGPT chatbot, is in discussions to sell its current stock in a tender offer that would value the company at around $29 billion?
Go Deeper (3 min read)
Broadcom, Hard To Beat
Broadcom is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Its 50-years history dates back to diverse origins from HewlettPackard Company, AT&T, LSI Corporation and Symantec Enterprise Security.
Go Deeper (7 min read)
High Profile IPOs At Risk
Numerous businesses that went public while the IPO market was thriving have had such severe setbacks that they are now faced with the sobering possibility that their shares will never recover.
Go Deeper (2 min read)
Tyson Foods And The Meat Big Four
Tyson Foods is one of the world’s largest food companies with annual sales of over $54 billion as of October 1, 2022. Founded in 1935 by John Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands.
Go Deeper (6 min read)
Chip Companies Cool Down
The semiconductor industry is used to cycles of booms and bust. As such, after a chip shortage that affected manufacturers at a global scale, the chip industry is now anticipating a challenging third-quarter earnings season.
Go Deeper (2 min read)
Apple Is Moving Out Of China
Apple is speeding up plans to move a portion of its production outside of China, which has long had a dominant position in the supply chain that helped create the most valuable corporation in the world.
Go Deeper (2 min read)
