Apple is set to expand its retail presence in the Kingdom of Saudi Arabia, opening its online store in summer 2025 and physical stores in 2026. The move marks a significant investment by the company, which has spent over $10 billion on expansion efforts in the region over the past five years. Following the launch … Read more
Mars’ Olympus Mons is the tallest mountain in our solar system, with a height of 16 miles above its surface, dwarfing Earth’s iconic Mount Everest. But what makes this massive volcano on Mars so extraordinary? Olympus Mons covers an enormous area of 374 miles, comparable to Arizona’s size. Its sheer scale raises questions about how … Read more
Disney’s animated film “Moana 2” continued to dominate the box office, adding $52 million in its second weekend and bringing its domestic total to $300 million, surpassing the original. The film also reached a staggering global tally of $600 million, setting a record gross for the weekend following Thanksgiving. The performance marks a significant milestone … Read more
A brazen nighttime prison release and a rapid advance by a rebel army have brought an end to Bashar al-Assad’s grip on Syria’s capital, Damascus. Footage captured on social media shows the swift takeover of key locations, including Sednaya prison and Umayyad Square. The fall of Damascus was marked by scenes of joy and disbelief … Read more
Major US stock indexes closed lower on Thursday as bitcoin (BTC-USD) retreated from its record high above $100,000. Market reporter Josh Schafer provides analysis of the day’s top movements and what investors can expect ahead of the November jobs report due out Friday morning. Source: https://finance.yahoo.com/video/bitcoin-sparks-crypto-rally-jobs-223500369.html
The Federal Reserve has raised its benchmark rate 11 times between March 2022 and July 2023, causing money market account interest rates to rise sharply. However, the Fed recently slashed the federal funds rate by 50 basis points in September and another 25 basis points in November, leading to a sharp decline in deposit rates. … Read more
A woman who initially accused Sean “Diddy” Combs of sexual assault has amended her lawsuit to include allegations that she was also assaulted by Jay-Z at the same party. The lawsuit, filed against Combs in October, now names Jay-Z as a co-defendant. The woman, identified as Jane Doe, alleges she was 13 years old when … Read more
Russia has quietly entered the fray in the global struggle for control over semiconductor supply chains, exploiting loopholes in international sanctions targeting China’s tech sector. Despite US efforts to limit its access to advanced technology, Russia is building up to ten supercomputers by 2030, each equipped with thousands of banned NVIDIA H100 GPUs. The move … Read more
For investors seeking steady passive income, dividend-paying stocks are a great option. Historically, these stocks have outperformed non-dividend paying stocks. Two no-brainer dividend stocks with yields over 3% are Coca-Cola (KO) and Amgen (AMGN). Coca-Cola has raised its dividend for 62 consecutive years and offers a 3.1% yield. The company has offset declining soda consumption … Read more
Investors seeking artificial intelligence (AI) stocks have numerous options. However, Broadcom (AVGO) stands out due to its unique position in the AI market and three compelling reasons to consider buying its shares. Broadcom’s ASICs are used in AI data center infrastructure by top tech companies like Alphabet and Meta Platforms. This niche has vast potential, … Read more