Subhashree 
March 25, 2025 – MicroAlgo Inc. (NASDAQ: MLGO) saw a massive 37% jump in its stock price today following two major announcements: securing a $20 million convertible bond deal and unveiling a breakthrough in quantum computing. Investors responded enthusiastically to the news, pushing the stock to an intraday high of $19.60 before settling at $18.40. … Read more
Intel has made a bold move, appointing Lip-Bu Tan as its new CEO, a decision that has many in the tech world eager to see if he can spark a much-needed turnaround at the semiconductor giant. Tan, who succeeds Pat Gelsinger, comes to Intel with years of experience in the semiconductor and software industries, making … Read more
In a groundbreaking achievement, Chinese electric vehicle (EV) giant BYD has surpassed Tesla in annual revenue, reporting a staggering $107 billion in sales for 2024. This milestone highlights BYD’s rapid rise in the global electric vehicle market, a sector that has seen exponential growth over the past few years. The company is now poised to … Read more
SHL Finance Company has renewed a Sharia-compliant credit facility agreement with Arab National Bank, securing a major financial boost of SAR 1.91 billion. This move is aimed at increasing the company’s sales volume and accelerating its long-term growth. Why This Matters This renewed facility is a crucial step for SHL Finance as it strengthens its … Read more
Fesh Fash Snack Food Production Co., one of Saudi Arabia’s leading snack food companies, has reported impressive profit growth for 2023, thanks to a steady increase in sales. The company’s net profit jumped by a staggering 65%, reaching SAR 2.5 million, compared to SAR 1.5 million the previous year. This surge was fueled by strong … Read more
Washington, D.C. – Former President Donald Trump has made a dramatic move in an attempt to ease tensions with Iran. In a private letter to Iran’s Supreme Leader, Ayatollah Ali Khamenei, Trump proposed negotiations for a new nuclear deal, warning that failure to engage could force the U.S. to take “other measures.” According to sources, … Read more
Canada’s newly appointed Prime Minister, Mark Carney, has wasted no time making bold moves. Less than two weeks into office, he has called a snap federal election, scheduled for April 28, 2025. His reason? To confront a growing crisis triggered by U.S. President Donald Trump’s aggressive trade policies. Carney, a former governor of the Bank … Read more
PulteGroup, one of the largest homebuilders in the U.S., has posted impressive fourth-quarter earnings, sending its stock higher despite ongoing challenges in the housing market. While rising mortgage rates and affordability issues have put pressure on the industry, PulteGroup’s ability to navigate these hurdles has boosted investor confidence. A Strong Finish to 2024 The company … Read more
President Donald Trump’s latest trade policies are making waves in the global market, signaling a shift toward protectionism. His decision to impose a 25% tariff on steel and aluminum imports has sparked concerns among investors, economists, and international trade partners. While some industries may benefit from these tariffs, the broader economic landscape faces increased uncertainty. … Read more
After a period of market turbulence, Wall Street’s biggest banks are adjusting their forecasts for the S&P 500, and investors are paying close attention. Some banks are doubling down on bullish predictions, while others remain cautious, highlighting both opportunities and risks in the months ahead. Deutsche Bank Sees a Major Surge Deutsche Bank has raised … Read more
