stocktrader

Solaredge (SEDG) stock has had a horrible 1 year losing nearly 90% of its value. The company which engages in the development of inverter solutions is struggling with profitability. Earlier this week, SEDG announced it was laying off 400 employees to streamline operations, save costs, and as a result improve profitability. Along with the reduction… Continue reading Is it the right time to invest in SolarEdge stock?

Cipher, a prominent Bitcoin mining company that went public in 2021, is considering a potential sale after receiving a takeover bid. With a market capitalization exceeding $2 billion, Cipher is reportedly in discussions with advisors to evaluate this interest, though a final decision on whether to proceed with the sale has yet to be made.… Continue reading Bitcoin mining company Cipher considering sale after takeover bid

A new chemical compound similar to minerals found in alkaline rocks has been discovered at Tokyo University of Science, potentially revolutionizing solid-state batteries for electric vehicles (EVs). This pyrochlore-type oxyfluoride, replacing sulfides as the electrolyte conductor, promises exceptional conductivity even at elevated temperatures. Researchers at Tokyo University of Science have identified a pyrochlore-type conductor that… Continue reading Advancements in lithium-ion batteries: Scientists make game-changing breakthrough

Hong Kong’s government is actively testing a ChatGPT-style tool for its workforce, with plans to eventually make it available to the public. During a recent radio interview, Sun Dong, the Secretary for Innovation, Technology, and Industry, highlighted these developments. This initiative comes in response to OpenAI’s recent decision to block access from Hong Kong and… Continue reading Hong Kong tests its own ChatGPT-style AI tool amid OpenAI access restrictions

Kevin Hern, the Republican Representative from Oklahoma, made a notable transaction in UnitedHealth Group (UNH) stock last month. He purchased between $1,000 and $15,000 worth of UNH stock, which has since appreciated by 16%. UNH earnings report triggers stock gains A robust UNH earnings report was the primary driver behind these gains. Although the stock… Continue reading Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

Elon Musk just threatened legal action against authorities in Europe. As is usually the case, he did so through a post on his social media platform X. For context, the European Commission announced today that X, formerly Twitter, was in breach of Europe’s Digital Services Act (DSA). Musk wasted no time in hitting back: The… Continue reading Musk says the European Commission offered X a secret illegal deal

Saudi Arabia has won the rights to hold the first ever Olympic eSports Games in 2025. The announcement came as part of a 12 year long agreement between Saudi Arabia and the International Olympic Committee (IOC). The arab country has been working on changing its international image, which always takes a hit due to the… Continue reading After eSports World Cup, Olympic deal for Saudi Arabia: what it means for gaming stocks 

Vienna has reaffirmed its status as the world’s most livable city in The Economist’s Global Livability Index 2024, scoring an impressive 98.4 out of 100.  This accolade marks Vienna’s third consecutive year at the pinnacle of urban living standards, outshining global peers in safety, healthcare, culture, environment, education, and infrastructure.  Conversely, Caracas, Venezuela, faces stark… Continue reading Vienna tops Global Livability Index 2024; Damascus, Tripoli, Caracas among worst-performing cities