The U.S. steel industry is in trouble. Joe Biden blocked Nippon Steel’s attempt to buy US Steel (X). The Japanese firm is offering $14.9 billion for the American steel firm. Biden wants US Steel to remain American-owned. To help complete the deal, Nippon offered the steelworker union job protection. It would also keep the plants…
Liverpool captain Virgil van Dijk does not believe team-mate Trent Alexander-Arnold’s poor performance against Manchester United was because the right-back was impacted by talk about his future.Liverpool captain Virgil van Dijk does not believe team-mate Trent Alexander-Arnold’s poor performance against Manchester United was because the right-back was impacted by talk about his future. BBC Sport
A former Bradford Bulls rugby player charged with rape has fled to Papua New Guinea, a court hears.A former Bradford Bulls rugby player charged with rape has fled to Papua New Guinea, a court hears. BBC News
The live NFL football games being broadcast on Amazon Prime Video (AMZN) are attracting a growing number of viewers. The latest information from ratings agency Nielsen shows that Amazon’s “Thursday Night Football” package averaged 13.22 million viewers per game, a 13% increase from last season. Nielsen’s data also noted that 11 of the games on…
The Eurosceptic, Russia-friendly Freedom Party came first in September’s elections but was then sidelined.The Eurosceptic, Russia-friendly Freedom Party came first in September’s elections but was then sidelined. BBC News
Microsoft’s (MSFT) plans to spend $80 billion is another boost for the artificial intelligence sector. The software giant plans to invest in data centers in fiscal 2025. Microsoft needs more hardware to power AI. The company said that it needs large-scale infrastructure investments to serve as the essential foundation of AI innovation and use. Microsoft…
Three technology stocks gained over 10% last Friday’s trade. Arm Holdings (ARM) gained 10.05%. The speculation increased after Nasdaq (QQQ) added 1.77% on the day. ARM has strong growth, profitability, and momentum. ARM stock valuations are highly unfavorable. Its non-GAAP P/E is over five times higher than the sector median. Super Micro Computer (SMCI) rose…
Monday, January 6, 2025 10:07 AM EST – Kelt Exploration Ltd. : Is providing financial and operating guidance for 2025. The Company expects to incur $328.0 million in capital expenditures during the year and is forecasting to generate $345.0 million in adjusted funds from operations in 2025. Kelt Exploration Ltd. (T.KEL ) shares were up…
Lucid Group (NASDAQ:LCID) on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target. The electric vehicle manufacturer reported production of 9,029 units and deliveries of 10,241 cars in 2024. That included production of 3,386 units and delivery of…
Stocks of microchip and semiconductor companies are marching higher on news of strong quarterly financial results from contractor Foxconn (TPE:2317). Hon Hai Precision Industry, which does business internationally as Foxconn, announced record fourth quarter 2024 revenue, suggesting the artificial intelligence (A.I.) boom is continuing. Specifically, Foxconn reported Q4 revenue of 2.1 trillion New Taiwan dollars…
