Bain Capital in talks to take PowerSchool private - WSJ
According to a report from The Wall Street Journal on Wednesday, Bain Capital is in discussions to take PowerSchool Holdings, Inc. (PWSC) private. The publication, citing sources, states that a deal ...
Hyundai Motor plans to add hybrids to US plant within current investment -exec
Co plans to use the investment it has already lined up for the United States to produce hybrid vehicles at its electric vehicle (EV) plant there. The world's No.3 automaker by sales together with ...
Wall St opens lower as megacaps drag
U.S. stock index futures were muted on Wednesday after a strong run of gains that pushed the benchmark S&P 500 to over three-week highs, as investors sought more clarity on the Federal Reserve's plans ...
Apple's WWDC event in June may also disappoint AI investors: analysts
While much of the current Apple bull case is tied to the WWDC event next month and the artificial intelligence capabilities that may be unveiled, one analyst believes they may not be introduced until ...
Tripadvisor shares collapse 30% as special committee turns down takeout offer
Despite this, shares of Tripadvisor plummeted by 13% as the market reacted to the softer-than-expected revenue figures. The company's revenue reached $395 million, a 6% increase compared to the same ...
Analysis
How Will the 2024 Elections Affect Your Investments?
The year 2024 is set to be a pivotal moment for global politics, with elections in 64 countries covering four billion people. Octa's latest analysis explores how these political changes might impact ...
Mercedes CEO speaks against restrictions on trade with China
Chief Executive Ola Kaellenius on Wednesday spoke against imposing restrictions on trade with China, stressing that the country remains the group's most important market. "We are closely monitoring ...
AstraZeneca to withdraw COVID vaccine globally as demand dips
AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a "surplus of available updated vaccines" since the pandemic. The company also said it would ...
Analysis
Gold: Is It 2008 and 2022 All Over Again?
Market Overview Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: XAU/USD, S&P 500, US Dollar Index Futures, Gold Futures. Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest ...
Brazil auto sales, production jump in April
Brazil's automakers' association Anfavea said on Wednesday that sales of new vehicles in the country rose 17.6% in April from the previous month to 220,842 units. Auto production in the month totalled ...
ECB can cut rates and should rethink how it sets policy, Wunsch says
The European Central Bank can press ahead with interest rate cuts this year but needs to rethink how it forecasts inflation ...
Mercedes rejects claims it prevented unionising at US plant
German premium carmaker Mercedes-Benz (OTC: MBGAF) on Wednesday rejected claims that it has been trying to prevent the formation of a union at its Alabama plant ...