business - NEYSCITY PORTAL

Investors Cash Out as Wall Street’s Bull Run Stumbles

The remarkable market rally of 2024 is showing signs of unraveling as Wall Street's once-unstoppable bulls begin to withdraw their gains. With Treasury yields surging, Federal Reserve hawks gaining ground,…

Gatlin April 21, 2024

Medicare at a Crossroads: Profit-Driven Privatization or Patient-Centered Care?

As an investigative reporter covering the Medicare privatization crisis for over two years, I've examined the stakes and the potential consequences of the rapid expansion of Medicare Advantage. Medicare, the…

Gatlin April 19, 2024

Apple Responds to China’s Directive, Removes WhatsApp and Threads from Chinese App Store

In compliance with directives from China's top internet regulator, Apple Inc. has taken the step to remove social media platforms, including Meta Platforms Inc.'s WhatsApp and Threads, from its Chinese…

Gatlin April 19, 2024

Wiz’s Potential Acquisition of Lacework: A Company Once Valued At $8.3 Billion to Sale For $150-200 Million

In the rapidly evolving landscape of security, the phenomenon of consolidation persists. As companies continue to merge and acquire one another, the security industry is becoming increasingly consolidated. This trend…

Gatlin April 19, 2024

Luxury Brands Grapple with the Rise of Return-Savvy Consumers in China

Once a bastion of big-ticket spending, China's middle-class consumers are now proving to be a headache for luxury brands operating in the world's second-largest economy. As the country grapples with…

Gatlin April 17, 2024

Virtual Influencers: TikTok Is Testing Ads Creation with AI

Get ready for a new wave of influencers on TikTok, but this time, they might not be flesh and blood. The popular social media platform is reportedly testing AI-powered avatars…

Gatlin April 17, 2024

Chipmaker Jitters: ASML’s Sales Dip Sparks Concerns for the Industry

The global chipmaking industry, a crucial engine powering everything from smartphones to artificial intelligence, is experiencing a tremor of uncertainty. ASML, the world's leading supplier of the complex machines that…

Gatlin April 17, 2024

Tesla Shift Away from Discounts and Push for Streamlined Sales

In a surprising move, Tesla has decided to eliminate discounts across its entire electric vehicle lineup in the United States, even as the broader EV market faces sluggish sales. This…

Gatlin April 17, 2024

Adobe Makes a Bold Move in the AI Industry – Buys Video Content for $3 Per Minute

Adobe is focusing on its text-to-video generator technology and is investing $3 per minute in video content to ensure its supremacy. The company is working to develop a robust AI…

Gatlin April 11, 2024

Intel Claims Superiority Over Nvidia With Its Latest AI Hardware

Intel’s CEO expresses the company’s ambition to secure the second spot in global AI system production by the end of the decade. Intel revealed its latest AI hardware on Tuesday,…

Gatlin April 10, 2024