Amgen witnessed an impressive 12% surge in its shares on Friday, marking its most substantial single-day increase in nearly 15 years.
Sectors
Apple's 10% iPhone Discount Boosted China Shipments to 12% in March
A surge of approximately 12% in iPhone shipments was recorded in China for the month of March, thanks to up to 10% discounts initiated by Apple and its partners. This follows a 37% sales decline earlier in 2024 and heightened competition from Huawei.
Shell to Sell Oil Refineries and Chemical Assets in Singapore for Less Than $1 Billion
Shell's Singapore oil refinery and chemical assets will be sold to a Glencore-led joint venture with a purchase sale of below $1 billion, following agreements in place for continued collaboration and strategic alignment with CAPGC.
Renewable Energy Supplies More Than 30% of the World's Electricity for the First Time
New data shows that in 2023, renewable energy generated a record-breaking 30% of the world's electricity due to the rapid growth in wind and solar power.
Republicans Urge Joe Biden to Stop French Company From Working on Nuclear Power Projects With Russia's Rosatom
Republican lawmakers urged President Joe Biden to block a French company from collaborating on nuclear power projects with Russia's Rosatom.
Latest News
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.
Microsoft created an offline generative AI model for US intelligence that uses GPT-4 securely. Microsoft Corp. has launched a generative AI model that is completely separate from the internet, claiming that US spy agencies may now safely use the sophisticated technology to examine sensitive information.
NBA champion Kyle Kuzma has recently taken on a new role as an adviser to an early-stage venture firm called Scrum Ventures.
Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.
Amazon unveiled Tuesday its first fleet of Volvo electric trucks, which will be used to get cargo at the country's busiest container seaport in Southern California.
OpenAI is working on a feature for ChatGPT that would allow it to search the web and cite sources in its results, possibly competing with Alphabet Inc.'s Google and the AI search firm Perplexity.
The 400W double-glass solar panels feature red frames and have obtained general building approval from the German Institute for Building Technology (DIBt).
Meta, the parent company of Facebook and Instagram, revealed on Tuesday its plan to broaden its generative AI advertising tools offerings.
Electronic Arts (EA) revealed that their full-year bookings were forecasted to be between $7.3 billion and $7.7 billion, which is below Wall Street estimates of $7.76 billion.
