INVESTMENTS

Nov 02 2024BUSINESS

Google's AI Bet Pays Off Despite Legal Troubles

Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily

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Oct 27 2024FINANCE

The Big Tech AI Showdown: Trick or Treat?

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

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Oct 27 2024BUSINESS

Microsoft's Big Boss Gets Big Bonus, While Workers Lose Jobs

Microsoft has been making headlines for laying off over 2, 500 gaming division workers this year. Meanwhile, the company's CEO, Satya Nadella, received a massive $79 million bonus. This bonus is a significant increase from last year's $48. 5 million. The company, now worth a staggering $3 trillion,

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Oct 25 2024CELEBRITIES

Khamzat Chimaev and the Crypto Mess: What Went Wrong?

Prominent UFC fighter Khamzat Chimaev got into hot water recently because of a cryptocurrency called SMASH. He endorsed the coin on social media, and many fans jumped in, hoping to make a quick buck. Unfortunately, the coin's value plummeted, leaving fans with heavy losses. Some experts blamed Chima

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Oct 22 2024FINANCE

Stock Movers to Watch: Big Names Make Headlines

Here's what happened with some big stock players today before the market opened. First up, The Cheesecake Factory saw its shares jump over 3% after an activist investor stepped in. This investor thinks the company should spin off three of its brands. On the other hand, General Motors' shares dipped

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Oct 18 2024FINANCE

Seeing Patterns: Why Some Stocks Can Feel Like a Bet

Investment strategist Doug Cohen from Fiduciary Trust International covered a lot of ground in a recent interview with Quartz. Talking about the volatile world of stocks, especially those related to Trump Media, he highlighted the speculative nature of such investments. How can you tell if a stock

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Oct 18 2024BUSINESS

Biotech Moves: Layoffs, Deals, and Drug Concerns

Let's take a look at what's been happening in the biotech world today. Sage Therapeutics is cutting its workforce by a third and changing its leadership. Why? Recent clinical trial failures have likely played a role. Over in Australia, regulators have rejected Eisai and Biogen's Alzheimer's drug, L

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Oct 14 2024BUSINESS

Warren Buffett’s Berkshire Hathaway Ups Stake in SiriusXM

Warren Buffett’s Berkshire Hathaway has boosted its investment in SiriusXM, now holding 32% of the company. This increase comes after John Malone's Liberty Media restructured its media empire, including combining tracking stocks with SiriusXM. Berkshire started buying SiriusXM shares in 2024, possib

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Oct 11 2024SPORTS

Why Are Billionaires and Superstars Betting Big on U. S. Soccer?

For a long time, U.S. soccer was overshadowed by popular leagues like the NFL and NBA. But now, it's becoming a hot favorite. The Major League Soccer (MLS) is growing faster than any other pro sports league in the country. Rich businesspeople, CEOs, and even famous celebrities are eager to buy MLS t

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Oct 11 2024BUSINESS

Hollywood Stars Turn Wrexham into a Tourist Hotspot

In the small Welsh town of Wrexham, something amazing is happening. The town, known for its market, mining, and brewing history, is now drawing visitors from all over the world. The reason? Hollywood celebrities Ryan Reynolds and Rob McElhenney bought the local soccer club, Wrexham AFC, in 2021. The

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