David Ellison, a tech billionaire and President Trump ally, has made a bold move by launching a hostile offer to buy Warner Bros. Discovery for $108.4 billion. The younger Ellison, son of tech mogul Larry Ellison, spent $8 billion on Paramount media empire just months ago. His audacious plan comes despite the board already deciding … Read more
The US may soon see a shift in marijuana laws under President Trump’s leadership. He is expected to order marijuana reclassified as a Schedule III drug, which would ease tax restrictions on growers and sellers in states with permissive laws. This move wouldn’t legalize marijuana nationwide but would send a signal that it’s more acceptable. … Read more
Researchers at Mayo Clinic have made a groundbreaking discovery using aptamers, tiny DNA molecules that can selectively tag senescent cells, also known as “zombie cells.” These cells stop multiplying but fail to clear themselves from the body, contributing to various diseases, including cancer, Alzheimer’s disease, and aging. The team identified rare aptamers capable of binding … Read more
Trinseo, a chemicals company specializing in latex and plastics products, is facing non-compliance issues with the New York Stock Exchange (NYSE) due to low market capitalization and share price thresholds. The company operates in the basic materials sector and has seen its revenue decline by 6.5% over the past three years, making it challenging for … Read more
Police continue their search for the gunman who killed two Brown University students and wounded nine others in a shooting on campus. New videos have been released showing a person dressed in black with a face mask walking near the area where the shooting occurred. Authorities believe this individual is a person of interest, but … Read more
Seagate Technology Holdings PLC shares dropped by 6.56% to $287.64 on Friday, following a poor performance from the stock market. The S&P 500 Index fell 1.07% to 6,827.41, while the Dow Jones Industrial Average declined 0.51% to 48,458.05. This downturn ended Seagate’s two-day winning streak. Source: https://www.marketwatch.com/data-news/seagate-technology-holdings-plc-stock-underperforms-friday-when-compared-to-competitors-c786dfcc-6f771f0cbb92
Seagate Technology expects high gross margins of over 50% in the next 12 months for hard disk drive (HDD) sales due to a strong market cycle. This prediction comes from Morgan Stanley analysts who met with company executives and believe the trend will continue. Source: https://seekingalpha.com/news/4531645-seagate-expects-50-plus-gross-margins-on-hdds-over-next-year-morgan-stanley
Samsung’s highly anticipated Galaxy Z TriFold has finally hit store shelves in South Korea, but it sold out in record time due to high demand. The device was launched in 20 retail locations and online, with fans flocking to get their hands on the $2,500 foldable phone. This impressive launch is a testament to Samsung’s … Read more
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Ben Shapiro’s recent comments drew a line in the sand, drawing a divide within the Republican network of supporters on the issue of Israel. He claimed that the party was being eaten by radicals and accused Tucker Carlson of softening towards white nationalist Nick Fuentes’ views. The problem is that Fuentes has recently appeared on … Read more