Krispy Kreme, the iconic doughnut brand, has recently experienced a notable surge in its stock price. This uptick was largely attributed to remarks made by FBI Director Kash Patel, who referred to the company’s stock as a “good investment opportunity.” Such endorsements from public figures can significantly influence market dynamics, prompting both retail and institutional…
In a move that could redefine the Hollywood landscape, Paramount Skydance is reportedly preparing a bid to acquire Warner Bros. Discovery. This potential merger follows Skydance’s recent $8 billion merger with Paramount Global, forming a new entity valued at approximately $28 billion. Backed by the Ellison family, the acquisition aims to consolidate two of Hollywood’s…
A significant leap for the AI hardware sector, Groq, a Silicon Valley-based startup, has raised $750 million in its latest funding round, propelling its valuation to $6.9 billion. Founded in 2016 by former Google engineers, including Jonathan Ross, a key architect of Google’s Tensor Processing Unit (TPU), Groq specializes in developing Language Processing Units (LPUs)…
BHP announces the closure of its Queensland coal mine, resulting in 750 job cuts. Learn about the financial implications and market reactions.
The U.S. Fed cut interest rates by 0.25 percentage points, a move that instantly caught global attention. Rates now stand lower, and this shift is more than just numbers on a chart. It shapes how we borrow, invest, and even save. When the Fed acts, it sets the tone for the entire economy. Cheaper credit…
Explore the details of today’s SMRT train delay on the Thomson-East Coast Line, including commuter reactions and implications for Singapore’s public.
Jerry Greenfield resigns from Ben & Jerry’s, citing independence loss under Unilever and highlighting tensions over social activism.
The Bank of Canada has cut its key interest rate to 2.5%. This marks a big shift in policy after months of holding steady. It shows how the central bank is now more focused on growth than fighting inflation. We know Canada has been dealing with slowing demand, high debt, and weaker job numbers. Inflation…
Discover Mos Burger’s latest fall drink, ‘Sweet Separate Milk Tea,’ launched today, and explore the tastes of autumn.
Savings news is getting a lively update. Coventry Building Society has launched a regular saver that mixes interest with monthly prize draws. The Sunny Day Saver rewards steady deposits; it offers both a competitive rate and frequent chances to win cash. Savings: why this launch matters The Sunny Day Saver is a 12-month regular savings…