Content
Hermès Lawsuit Attacks Luxury’s FOMO Premium
Article By:
Lipper Alpha Insight
Read
Thursday, March 28, 2024 10:15 AM EDT
The $274 billion luxury house Hermès International might be a little too exclusive. In a lawsuit filed last week, two California shoppers allege that the brand violates U.S. antitrust law.
Stocks Set To Close Blowout Week, Month And Quarter At All-Time High; Gold Soars To Record
Article By:
Tyler Durden
Read
Thursday, March 28, 2024 9:23 AM EDT
Stock futures are pointing to a flat open on the last trading session of the week, month, and quarter, following a late-session spike that took the S&P 500 to yet another record.
These DAX Index Stocks Surged In The First Quarter
Article By:
Invezz
Read
Thursday, March 28, 2024 5:56 AM EDT
The DAX index had a great performance in the first quarter of the year as global stocks roared back. It soared by more than 26% this year, reaching a record high of €18,477. Most recently, the index has risen in the past eight straight weeks.
In this article: DAX
Great Wall Motors Enters Indonesian Market: Leading In Southeast Asian EVs
Article By:
EqualOcean
Read
Thursday, March 28, 2024 4:58 AM EDT
Great Wall Motors unveiled on March 26 that two of its models, the Tank 500 and Haval H6, have been officially introduced to the Indonesian market. This strategic move signifies a significant milestone in Great Wall Motors' expansion in Indonesia.
Market Briefing For Tuesday, March 26, 2024
Article By:
Gene Inger
Read
Tuesday, March 26, 2024 3:49 AM EDT
Government antitrust overreach is being seen as a concern by markets, at the same time few are disturbed by existential threats of artificial intelligence.
United States V Apple
Article By:
Shelly Palmer
Read
Friday, March 22, 2024 11:30 AM EDT
The U.S. Department of Justice (DOJ) has filed an antitrust lawsuit against Apple, alleging that the tech giant has unlawfully monopolized the smartphone market to the detriment of consumers, developers, and competitors.
In this article: AAPL
Market Hears A Dovish Fed And Sells The Greenback
Article By:
Marc Chandler
Read
Thursday, March 21, 2024 8:37 AM EDT
The Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia before profit-taking emerged. That created a new dollar selling opportunity in early European turnover.
Amazon And SpaceX Are Both Fighting In Court To Have The National Labor Relations Board Abolished
Article By:
Robert Reich
Read
Sunday, March 17, 2024 5:05 AM EDT
Jeff Bezos’s Amazon and Elon Musk’s SpaceX are both fighting in court to have the National Labor Relations Board declared unconstitutional. Starbuck’s and Trader Joe’s joined them in separate lawsuits.
Realtor Group Settles Lawsuits By Slashing Commissions, Risks Mass Exodus Of Agents
Article By:
Tyler Durden
Read
Saturday, March 16, 2024 3:00 AM EDT
Commissions are expected to drop following the National Association of Realtors' decision to settle a lawsuit regarding its commission rules.
Zim Integrated Swings To Loss In Fiscal Q4
Article By:
Wajeeh Khan
Read
Wednesday, March 13, 2024 9:31 AM EDT
Zim Integrated Shipping Services Ltd. is in the red today even though it reported better-than-expected earnings for its fourth financial quarter.
In this article: ZIM
Biden Is On The Mark In Trashing Junk Fees
Article By:
Dean Baker
Read
Sunday, March 10, 2024 8:57 AM EDT
The Wall Street Journal is unhappy with the move by President Biden to go after “junk fees,” by setting up a task force to uncover abusive pricing. It complains that this will interfere with companies’ ability to set prices.
China Plans $27BN Big Fund To Counter US Tech War
Article By:
Tyler Durden
Read
Sunday, March 10, 2024 7:15 AM EDT
China is preparing to raise billions of dollars for its largest-ever semiconductor fund, aiming to fast-track the advancement of cutting-edge technologies in response to Washington's worsening trade and tech war.
Weekly Commentary: Q4 2023 Z.1: Bubble Confirmation
Article By:
Doug Noland
Read
Sunday, March 10, 2024 5:47 AM EDT
Covering all you need to know about the world markets for the past week.
Unanimous Decision: TikTok Must Sell
Article By:
Shelly Palmer
Read
Friday, March 8, 2024 6:31 PM EDT
U.S. lawmakers voted 50-0 to force the sale of TikTok, alleging that the app’s links with the Chinese Communist Party pose significant threats to national security.