In his most notable performance of the Summer League, Bronny James made a significant contribution to the Los Angeles Lakers’ narrow 87-86 win over the Atlanta Hawks. James scored 12 points, hitting 5-of-11 from the field and 2-of-5 from three-point range. Bronny’s summer league run has been a rocky one, averaging just 4.3 points and…
Stocks fell on Friday as Wall Street braced for the close of a tumultuous week dominated by shifting expectations about the Federal Reserve’s interest rate policies. The S&P 500 and the tech-heavy Nasdaq Composite both fell about 0.3%. Meanwhile, the Dow Jones Industrial Average fell 278 points, or 0.7%, signaling a broader market pullback. The…
Several stocks have seen significant mid-day changes in the market today. Among them are CrowdStrike, Plug Power, and Comerica. Here’s a closer look at the major players making headlines. Crowd Strike (CRWD) CrowdStrike has seen a substantial increase in its stock price, driven by an upbeat earnings report that beat Wall Street expectations. The cybersecurity…
New York – A broad-based selloff in technology stocks weighed heavily on the Nasdaq Composite on Wednesday, overshadowing gains in other sectors. The broader market also came under downward pressure, with the S&P 500 closing lower. The tech-heavy Nasdaq fell 2.2%, marking a continuation of the recent rotation away from high-growth stocks. Mega-cap tech companies,…
Turkey has defied global economic trends, posting a stunning 157% increase in wealth per adult over the past year, according to the UBS Global Wealth Report 2024. This extraordinary growth stands in stark contrast to the country’s rampant inflation, which has sapped the purchasing power of millions. As nations around the world grappled with economic…
Dallas Mavericks guard Kyrie Irving is expected to be out indefinitely after undergoing surgery on a broken left hand he suffered during an offseason workout. The team announced the injury Tuesday night, without providing a timeline for Irving’s return to action. The setback comes after a stellar season that saw the dynamic duo of Irving…
London – HSBC Holdings Plc today announced the appointment of Georges Elhedery as its next Group Chief Executive, effective September 2. Elhedery, currently the bank’s Chief Financial Officer, will take over the reins from outgoing CEO Noel Quinn. Quinn’s departure, announced in April, marks the end of a nearly five-year tenure guiding the bank through…