Apple, the tech giant known for its innovative products, has experienced a decline in its market capitalization, falling below the coveted $3 trillion mark. This setback was triggered by a broader market selloff, driven by unexpectedly strong U.S. jobs growth. Last Friday, Apple marked a historic milestone as its market cap closed above $3 trillion, making it the first public … [Read more...] about Apple’s Market Cap Falls Below $3 Trillion Amid Market Downturn
Forex News
Caribou Biosciences Receives $25 Million Investment from Pfizer
Shares of Caribou Biosciences, a clinical-stage genome-editing biopharmaceutical company, saw a significant surge in premarket trading following news of a $25 million equity investment from drug giant Pfizer. This investment has been made at a healthy premium and has propelled Caribou's shares up by 36% to $5.56 during premarket trading. Pfizer purchased approximately 4.69 … [Read more...] about Caribou Biosciences Receives $25 Million Investment from Pfizer
Cava Group Stock Surges, Analysts Bullish on Expansion
Cava Group stock has witnessed a remarkable rise since its initial public offering, and experts believe that this upward trend will continue as the Mediterranean restaurant chain expands its operations. A Strong Start Founded in 2010, Cava (ticker: CAVA) made its debut in the stock market on June 15 at an IPO price of $22. To everyone's surprise, the stock soared by 99% on its … [Read more...] about Cava Group Stock Surges, Analysts Bullish on Expansion
Used Car Prices Fall, Boosting Shares of Used Car Dealers
The month of June witnessed a significant easing in used car prices, leading to a surge in the shares of used car dealers. According to the Manheim Used Vehicle Value Index, which serves as a key indicator of car prices, there was a remarkable 10.3% decline in June compared to the previous year. This marks the tenth consecutive month of annual declines and sets a record for the … [Read more...] about Used Car Prices Fall, Boosting Shares of Used Car Dealers
Megan Rapinoe Announces Retirement
On Saturday, renowned U.S. soccer star Megan Rapinoe made the decision to retire at the conclusion of the National Women's Soccer League (NWSL) season, marking the end of an illustrious career. Having represented her country in international competitions since her debut in 2006, the 38-year-old forward has been an instrumental figure in numerous triumphs for the national team. … [Read more...] about Megan Rapinoe Announces Retirement
