Explore the latest Business & Economy global economic trends on TrueNewj.com.. Stay informed with expert insights, market updates, startup stories, and financial analysis from India and around the world
Meta will spend between $125 billion and $145 billion on AI infrastructure in 2026. Its free cash flow fell from $26 billion in the first quarter of last year to $1.2 billion in the first quarter of this year. Investors have been asking the same question ever since: What happens if all that computing isn’t…
Twin Lions Management reported a new position in Cal-Maine Foods (NASDAQ: CALMA) as of May 14, 2026, acquiring 221,544 shares in an estimated transaction of $18.20 million based on the quarterly average price. What happened According to a Securities and Exchange Commission (SEC) filing on May 14, 2026, Twin Lions Management initiated a new position…
The largest specialty apparel company in the U.S. has enjoyed success since launching as a jeans retailer in 1969. Rock and roll radio commercials of the mid-1970s featured the successful Gap chain that sold Levi’s, vinyl records, and tapes (probably 8-tracks and cassettes) to young Americans. My memory of that time is the clothing chain’s…
Hyperscalers are the big tech giants spending feverishly on artificial intelligence (AI). Your continued investments in AI are what enable NVIDIA (NASDAQ: NVDA) and other AI stocks to generate considerable growth and, in the process, help drive their shares higher. From chips to infrastructure to memory, there is a major ripple effect that stems from…
Swimming Pool Corporation (NASDAQ:POOL) was among the Stocks Jim Cramer Discussed in This Changing Market. One caller was bullish on the stock and asked for Cramer’s opinion. He replied: Pool needs more housing turnover, and we can’t get it… You know… I’m at Home Depot for Charitable Trust. I need billing for the home. I…
Jared Isaacman, 10% owner, founder and former CEO, reported the acquisition of 388,500 shares of Shift4 Payments (NYSE: FOUR) in multiple open market transactions on May 11 and 12, 2026, according to an SEC Form 4 filing. Transaction summary Metric Worth Shares traded 388,500 Transaction value ~$15.9 million Post-transaction actions (direct) 1,787,455 Post-transaction actions (indirect)…
At the turn of the century, investors might have considered the idea of ​​a company reaching a $1 trillion market capitalization quite far-fetched. Today, there are more than a dozen companies making this claim, including the artificial intelligence (AI) chip giant. NVIDIA It now trades with a market capitalization of more than $5 trillion. Unless…
July silver futures (SI=F) opened significantly higher this morning at $76.02 an ounce on Friday, up 4.6% from Thursday’s opening price. The price of silver fell slightly in early trading, reaching $75.96 at 7:04 a.m. ET. Silver prices, like gold, are reacting positively this morning to the news that the United States and Iran have…
By Stephen Culp NEW YORK, May 29 (Reuters) – U.S. stocks followed global stocks higher and crude oil prices retreated on Friday as investors approached the end of a holiday-shortened week with renewed hopes of progress toward a peaceful resolution to the Iran war. A narrow tech-led rally propelled all three major U.S. stock indexes…
By Chibuike Oguh NEW YORK, May 29 (Reuters) – The dollar fell against major currencies on Friday and was headed for a second straight weekly loss after reports that the United States and Iran had reached a deal to extend their ceasefire and ease restrictions on shipping through the Strait of Hormuz. US President Donald…
