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Titan Shares Drop Over 3% as Q1 Jewelry Business Growth Disappoints Investors

Jul 08, 2024 08:11 am UTC| Business

The Tata Groups Titan Company reported lackluster growth in its jewelry business for Q1FY25, leading to a 3.46% decline in its share price to ₹3,156.15 per share on the BSE. The disappointing performance was influenced by...

Analyst Adjusts Nvidia Stock Rating Amid AI Growth Projections and Valuation Concerns

Jul 08, 2024 05:57 am UTC| Technology Business

Amid the buzz around artificial intelligence, Nvidias stock has seen adjustments in analyst ratings. Morgan Stanley raised its price target for Nvidia, citing robust product sales, while New Street Research downgraded the...

New Balance Unveils Tonal Grey 2002R and Army-Inspired WRPD Runner in 'Olivine'

Jul 08, 2024 05:52 am UTC| Business

New Balance introduces two new eye-catching designs: the Tonal Grey 2002R and the WRPD Runner in Olivine. The 2002R features a signature grey suede upper, while the WRPD Runner boasts a unique Olivine colorway with a...

Jollibee Buys Korean Coffee Brand for $340M, Opens 101st Store in Seattle

Jul 08, 2024 04:30 am UTC| Business

Jollibee Foods Corporation has acquired a 70% stake in Korean coffee brand Compose Coffee for $340 million, expanding its global presence. Additionally, Jollibee opened its 101st North American store in Seattle,...

Jollibee Unveils New Mix & Match Combos, Enhancing Meal Customization

Jul 08, 2024 04:26 am UTC| Business

Jollibee, the nations beloved fast-food chain, has launched its new Mix Match Combos. Starting at just P75, these customizable meals include new options like the Crunchy Chicken Sandwich and Iced Latte, enhancing the...

Taco Bell Fans Eagerly Await Nationwide Launch of Mountain Dew Baja Blast Gelato

Jul 08, 2024 04:18 am UTC| Business

Taco Bell fans are eagerly awaiting the nationwide release of the Mountain Dew Baja Blast Gelato. Initially tested last summer, the popular dessert sold out within days. Taco Bell has confirmed the gelato will be available...

McDonald's Ranks Lowest in Customer Satisfaction for Second Year in a Row

Jul 08, 2024 04:15 am UTC| Business

McDonalds has been ranked last in the American Customer Satisfaction Indexs Restaurant and Food Delivery Study for the second consecutive year, despite efforts to enhance its menu and value meals. The chain scored 71, a...

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Economy

UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity

Britains economy recorded stronger-than-expected growth in June 2026, supported by easing concerns over the Iran war, the mens soccer World Cup and hot weather, according to official figures released Thursday. UK gross...

US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge

The U.S. dollar remained steady on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that matched expectations. Meanwhile, elevated oil prices and renewed U.S.-Iran...

European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears

European stocks moved higher on Thursday as investors welcomed an in-line U.S. inflation report that reduced expectations for another Federal Reserve interest rate hike in September. The pan-European Stoxx Europe 600 Index...

Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

Japans government is reportedly supportive of an earlier interest rate hike by the Bank of Japan (BOJ), with policymakers potentially moving as soon as September or October as inflationary pressures intensify. Bloomberg...

Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

Most Asian currencies traded in a narrow range on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that largely matched market expectations. The U.S. Dollar Index was...

Politics

Iran Eyes New Development Bank Membership as BRICS Pushes Local Currency Trade

Iran is expected to join the New Development Bank (NDB), the multilateral lender established by BRICS nations, as Tehran seeks stronger financial ties with emerging economies and alternative channels outside the U.S....

Nigel Farage Faces Count Binface in Clacton Election Test

Voters in Clacton headed to the polls on Thursday in an unusual local English election that pits Reform UK leader Nigel Farage against more than 30 challengers, including comedian Count Binface. The election comes after...

Putin Visits Japan-Claimed Iturup Island, Drawing Strong Protest From Tokyo

Russian President Vladimir Putin visited Iturup, a disputed island claimed by Japan, on Thursday, prompting a strong protest from Tokyo as tensions remain elevated across Northeast Asia. Iturup, known as Etorofu in Japan,...

Meloni Loses Ground Among Young Italian Voters Ahead of 2027 Election

Italian Prime Minister Giorgia Meloni is losing support among young voters, potentially creating a major challenge for her right-wing coalition ahead of Italys 2027 national election. Polling by Youtrend shows Melonis...

US, Colombia Weigh Joint Strikes on Armed Groups in Expanded Anti-Drug Campaign

U.S. Defense Secretary Pete Hegseth has raised the possibility of joint U.S.-Colombia military strikes against armed groups as Washington expands its counter-narcotics campaign across Latin America. Speaking Wednesday at...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...

Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth

Lenovo Group reported record first-quarter revenue as booming demand for artificial intelligence infrastructure and AI-enabled devices fueled strong growth across its major businesses, pushing its Hong Kong-listed shares...

Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

Cisco Systems has issued a stronger-than-expected fiscal 2027 outlook, fueled by rising demand for networking equipment and artificial intelligence infrastructure from hyperscale customers. The networking technology giant...

Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....
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