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A Million Little Burritos
Article By:
Tim Knight
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Wednesday, March 20, 2024 10:05 PM EDT
Perhaps you heard yesterday that, after the close, Chipotle (CMG) announced a 50-for-1 stock split. This makes sense, because the stock is about $3,000 per share, and I don’t think they’ve ever bothered splitting it until now.
In this article: CMG
Amid Nvidia Surge, Intel Now Goes On $100 Billion Spending Spree In US
Article By:
Invezz
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Wednesday, March 20, 2024 9:06 AM EDT
Intel has unveiled plans for a massive $100 billion spending spree across four U.S. states. The initiative comes in the wake of the global semiconductor shortage crisis and aims to bolster chip manufacturing capabilities on American soil.
Remitly Stock Price Could Benefit From The US Migration Crisis
Article By:
Invezz
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Wednesday, March 20, 2024 1:35 AM EDT
Remitly stock price has crawled back in the past two years as demand for its services has risen substantially. After crashing to $6.5 in May 2022, the stock has surged to over $20, giving it a market cap of over $3.8 billion.
In this article: RELY
Chipotle Just Announced A 50-For-1 Stock Split
Article By:
Wajeeh Khan
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Tuesday, March 19, 2024 10:35 PM EDT
Chipotle Mexican Grill Inc (CMG) is up 7.0% in extended hours after announcing plans of a 50-for-1 stock split.
In this article: CMG
Deepmind Cofounder To Lead A New AI Unit At Microsoft
Article By:
Wajeeh Khan
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Tuesday, March 19, 2024 4:30 PM EDT
Microsoft stock has rallied more than 50% over the past 12 months.
Nvidia Just Revealed The ‘World’s Most Powerful’ AI Chip
Article By:
Wajeeh Khan
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Monday, March 18, 2024 6:13 PM EDT
Nvidia is calling its new generation of AI chips "Blackwell".
In this article: NVDA
More AI Models To Choose From
Article By:
Shelly Palmer
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Monday, March 18, 2024 1:11 PM EDT
Elon Musk’s xAI has officially open-sourced its AI chatbot Grok, which is now available on GitHub.
In this article: TSLA
The Generic Drugs Antitrust Case
Article By:
Timothy Taylor
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Friday, March 15, 2024 11:00 PM EDT
Imagine that in the market for generic drugs, a group of companies form a cartel to raise prices on the products controlled by their group. What pattern might you expect to see for the prices of drugs?
In this article: TEVA
McDonald's Stores Hit By Multi-Nation "Technology Outage"
Article By:
Tyler Durden
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Friday, March 15, 2024 9:59 PM EDT
A major technology outage forced McDonald's stores in Australia, Japan, Hong Kong, and the United Kingdom to either shutter operations or suspend online ordering on Friday, CNN reported.
In this article: MCD
Binance Spins Off $10 Billion Venture Arm
Article By:
Benson Toti
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Friday, March 15, 2024 5:29 PM EDT
Binance Labs notes on its website that it is "an independent" entity, only licensed to use the Binance trademark.
AI Wars: Apple Awakens
Article By:
Shelly Palmer
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Friday, March 15, 2024 5:23 PM EDT
Apple’s acquisition of DarwinAI, a Canadian AI startup, telegraphs a strategy ahead of the company’s major generative AI updates slated for iOS 18.
In this article: AAPL
Tesla Eyes Dogecoin Payments: A 2024 Vision
Article By:
Finance Brokerage
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Friday, March 15, 2024 7:29 AM EDT
Elon Musk’s affinity for Dogecoin sparks interest, pushing the token to virality and significant price highs. Musk suggests the possibility of Tesla accepting Dogecoin, reigniting enthusiasm around DOGE.
IKEA Plans Further Reductions In Product Prices In Global Markets
Article By:
EqualOcean
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Thursday, March 14, 2024 5:53 AM EDT
In light of cost decreases and slowing inflation, IKEA intends to continue lowering prices to stimulate sales.