Nokia stock dips 6% on weak forecast: Will Trump target the 5G supplier again in second term?

Nokia shares opened with a sharp 6% decline today following disappointing Q2 earnings and a bleak sales forecast, sending ripples through the market.  The telecommunications giant reported a significant 18% year-over-year drop in sales, totaling $4.81 billion, well below analysts’ expectations of $5.24 billion. The slump marks Nokia’s lowest quarterly sales since 2015, highlighting a… Continue reading Nokia stock dips 6% on weak forecast: Will Trump target the 5G supplier again in second term?

Microsoft Q4 earnings preview: Revenue poised for 14% growth, driven by Azure and Office strength

As Microsoft Corp (NASDAQ) prepares to announce its fiscal fourth-quarter earnings on Tuesday, July 30, Wall Street analysts are optimistic about the company’s performance. Microsoft is expected to report strong revenue growth, driven by its Azure cloud services and Office suite, with a projected earnings per share (EPS) of $2.90. Analysts from Bank of America… Continue reading Microsoft Q4 earnings preview: Revenue poised for 14% growth, driven by Azure and Office strength

Is it the right time to invest in SolarEdge stock?

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?

Bitcoin mining company Cipher considering sale after takeover bid

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

Advancements in lithium-ion batteries: Scientists make game-changing breakthrough

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 tests its own ChatGPT-style AI tool amid OpenAI access restrictions

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

Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

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