Tesla, known for its electric vehicles and commitment to sustainability, is facing a lawsuit from the nonprofit Environmental Democracy Project. The lawsuit alleges that Tesla’s assembly plant in Fremont, California, has been in ongoing violation of the Clean Air Act since January 2021. The Environmental Democracy Project claims that harmful pollution has been emitted into
Broadway’s spring season saw a mix of surprises and disappointments in terms of box office performance. The strongest newcomers on the scene seemed to be holding their ground, with repeat sell-outs like “An Enemy of the People,” “Cabaret at the Kit Kat Club,” and “Hell’s Kitchen” leading the pack. Additionally, “The Outsiders” and “Stereophonic” were
The recent resurgence of meme stocks such as GameStop and AMC has once again captured the attention of the market. These stocks saw massive gains, with GameStop surging over 65% and AMC jumping more than 70%. The return of “Roaring Kitty” after three years sparked a new wave of buying in these stocks. However, the
The landscape of bitcoin trading has seen a significant shift in recent times, particularly in the participation of retail traders. Previously, retail traders were the driving force behind bitcoin’s biggest rallies, with their enthusiasm and FOMO fueling the market. However, recent data from U.S. crypto exchange Coinbase reveals a stark contrast. Consumer trading volumes in
The prediction that the Federal Reserve is likely to cut rates twice within the year starting in September has created a great deal of uncertainty in the market. Analysts at Evercore ISI have put forth two scenarios – one where there are two rate cuts and the other where there are none. This conflicting analysis
Novavax experienced a significant boost in its shares, rising by as much as 50% after announcing a groundbreaking multibillion-dollar deal with French pharmaceutical company Sanofi. This partnership not only propelled Novavax’s stock to almost double its value but also paved the way for the company to eliminate its previous “going concern” warning, signaling a promising
GameStop has once again taken center stage on Reddit’s WallStreetBets page as the man behind the meme stock craze, “Roaring Kitty” (Keith Gill), reappeared online after nearly three years. The mentions of GameStop on the forum have significantly increased, surpassing even popular equities like Nvidia and the SPDR S&P 500 ETF Trust. “Roaring Kitty” made
The recent resurgence of “Roaring Kitty” on social media platforms has once again ignited a speculative rally in GameStop shares. The mysterious image shared by Roaring Kitty depicting a man in a chair leaning forward was enough to trigger a buying frenzy among amateur traders. This led to GameStop shares soaring to as high as
Microsoft recently announced a significant investment in the French market, committing a staggering 4 billion euros ($4.3 billion) towards expanding its cloud and AI infrastructure in the country. This move is part of Microsoft’s broader strategy to support digital innovation and economic growth in France. The tech giant plans to bring up to 25,000 advanced
Mubi recently announced the appointment of Mark Boxer, a seasoned distribution executive, as their U.S. Head of Distribution. This move signifies a significant development for Mubi as they aim to enhance their presence in the U.S. market and elevate their distribution strategies. Mark Boxer brings with him over two decades of experience in the theatrical