Wall Street’s assessment of the quarterly results of Alphabet and Microsoft indicated that the numbers were good, but not up to par with investors’ high expectations. Both tech giants reported impressive revenue and earnings that surpassed estimates. However, the stocks experienced a sell-off in extended trading. This reaction can be attributed to the fact that
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A recent ruling by a Delaware judge has thrown the $56 billion pay package of Tesla CEO Elon Musk into question. This development has resulted in Tesla’s share price decreasing by about 3% in after-hours trading. The lawsuit, which was filed by shareholder Richard Tornetta, alleges that the compensation plan approved by the company’s board
In a recent internal letter to employees, PayPal CEO Alex Chriss announced that the company will be cutting approximately 2,500 jobs, which amounts to about 9% of its global workforce. The cuts will affect existing roles as well as job listings that had been planned to hire for, and will be carried out throughout the
Starbucks, the renowned global coffee chain, recently released its quarterly earnings report, disappointing both investors and analysts alike. The company’s domestic and international sales fell short of expectations, resulting in a revision of its full-year revenue outlook. There were various challenges that contributed to this underperformance, including a boycott in the U.S. and increased competition
Bariatric surgery is a common procedure for patients with obesity, and it is crucial to assess the safety and perioperative complications associated with different surgical techniques. In a recent randomized trial known as the BEST trial, researchers examined the safety outcomes of laparoscopic sleeve gastrectomy (LSG) and laparoscopic Roux-en-Y gastric bypass (RYGB) in patients undergoing
OnePlus has recently unveiled its latest smartphone, the OnePlus Nord N30 SE, in the UAE. This device serves as the successor to the OnePlus Nord N20 SE and offers several exciting upgrades compared to its predecessor. With its powerful MediaTek Dimensity 6020 chipset, a large 5,000mAh battery supporting 33W wired fast charging, and advanced camera
The Food and Drug Administration (FDA) is sounding the alarm on tianeptine, a synthetic drug commonly known as “gas station heroin.” This substance, sold in tablet or powder form, is readily available online and in convenience stores, gas stations, and smoke shops. While tianeptine is approved as a prescription drug for depression treatment in certain
The Seattle Mariners have made a strategic move to enhance their offensive capabilities by acquiring second baseman Jorge Polanco from the Minnesota Twins in a five-player trade. This trade demonstrates the Mariners’ commitment to strengthening their lineup and creating a well-rounded team for the upcoming season. Polanco, a switch hitter with an impressive 10-year big
Quiet luxury has emerged as a prominent trend in the fashion industry, transcending its viral status on social media platforms like TikTok and Instagram. Unlike other short-lived fads, quiet luxury has made its way into investor portfolios and has proven to deliver actual returns. This trend revolves around understated, subtle displays of opulence, moving away
In a shocking turn of events, the Department of Justice (DOJ) recently exposed a sophisticated global cryptocurrency Ponzi fraud scheme titled HyperFund, which had amassed a staggering $1.9 billion from unsuspecting victims. This article aims to dissect the intricate web of deception spun by the orchestrators, shedding light on their fraudulent activities and the consequences