First Quarter

Apple Nears $4 Trillion Valuation on AI and iPhone Optimism

Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Newsom Proposes Doubling Tax Credit Program for Hollywood

California Governor Gavin Newsom (D) announced a proposal that would double the size of a tax credit program supporting Hollywood.

Ford Pulls Back on Electric SUVs

Ford Motor Company announced that it is pulling back on its electric SUV, citing profitability concerns.

Moderna Reports $1.2 Billion Loss as Demand For COVID Vaccine Declines

The American drug company Moderna has reported a first-quarter loss of $1.2 billion after demand for their COVID-19 vaccine has declined.

Moderna Sees $1.2 Billion Loss in First Quarter

Moderna reported a $1.2 billion loss in the first quarter of 2024.

Ford Loses More Than $100,000 For Each Electric Vehicle

Ford Motor Company revealed that it loses more than $100,000 for each electric vehicle it sells.

Industry Veteran Bob Nardelli Warns of Hurdles Facing EV Startups in Competitive Market

The Biden administration has introduced initiatives to promote electric vehicle (EV) adoption within the automotive industry, but former Chrysler CEO Bob Nardelli remains highly...

Official Data ‘Accidentally’ Published In China Reveals True Scale Of COVID Deaths in Country

Official data was accidentally published in a province of China this week revealing that the country drastically underreported the damage the COVID pandemic had in the communist nation.

Germany to Discard 200 Million COVID-19 Vaccine Doses, Faces Multi-Billion Euro Loss

This lack of concrete figures stems from the fact that federal states and healthcare providers are not mandated to report wastage of vaccines.

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