Supermicro Computer’s stock price plummeted 22% after a short report alleged accounting problems, and the company delayed filing its annual and quarterly reports. However, the company has since hired a new auditor, and a special committee found no evidence of fraud. Despite this setback, Supermicro is trading at a bargain level of 14 times forward … Read more
President Biden returned to Washington after a historic trip to Angola, becoming the first American president to visit sub-Saharan Africa. However, his efforts to re-establish US engagement on the continent were overshadowed by President-elect Donald Trump’s rapid rise to global prominence. Trump has already begun courting world leaders, meeting with French President Emmanuel Macron and … Read more
Researchers at Nagoya University Graduate School of Medicine have discovered a promising method to slow heart failure progression in mice by feeding them a diet rich in soybean protein β-conglycinin (β-CG). The study found that β-CG increased the production of short-chain fatty acids (SCFAs) in the intestine, which play a role in protecting the heart. … Read more
Chicago-based United Airlines has been flying special “fantasy flights” to the North Pole for 35 years, offering a unique Christmas experience for families with children who have special needs. On Saturday, a flight took place at Chicago O’Hare International Airport. Vice President Omar Idris said this is a great opportunity for these families to visit … Read more
Ghana’s Vice President Mahamudu Bawumia has conceded defeat in the presidential election, marking a historic comeback for opposition leader John Mahama. According to internal results, Mahama won decisively. Bawumia accepted defeat to avoid further tension and preserve peace in the country. He congratulated Mahama, saying the people had voted for change and he respected that … Read more
Pepe PEPE, a frog-themed memecoin, overtook Uniswap’s token UNI in terms of market capitalization on December 7. The popular coin currently has a market capitalization of over $11 billion, surpassing UNI’s market cap of approximately $10.6 billion. According to data from CoinMarketCap, Pepe gained 16.8% during the past 24 hours and is up roughly 26% … Read more
MicroStrategy, a data analytics veteran, has been performing exceptionally well in recent years by investing heavily in Bitcoin. The company converted nearly all of its cash reserves into Bitcoin in 2020 and continues to build on that investment. However, it’s unclear if this strategy will continue to yield impressive returns. A $40,000 investment in MicroStrategy … Read more
Palantir Technologies’ stock price has surged 313% in 2024, but its valuation may be overvalued. The company’s price-to-sales ratio of 63 and trailing earnings multiple of 345 are causing concerns among analysts. However, Wall Street expects a 46% drop in the stock’s value over the next year. In contrast, Arm Holdings and Applied Materials are … Read more
US President-elect Donald Trump sat down with Prince William and French President Emmanuel Macron on Saturday in Paris, where they attended the unveiling of the restored Notre Dame Cathedral. During their meeting, Trump shared his memories of Queen Elizabeth II, calling William “a big man” who is doing a “fantastic job.” The meeting, described as … Read more
Health insurer Anthem Blue Cross Blue Shield has reversed its plan to limit coverage for anesthesia services in Connecticut, New York, and Missouri, after facing widespread criticism from patients, doctors, and lawmakers. The company announced the policy change would go into effect on February 1, 2025, but will no longer proceed with it. The initial … Read more