Intel’s stock falls 10% on bleak 2024 outlook
Intel, a leading chipmaker, experienced a significant drop in its stock value during premarket trading on Friday. This downturn came on the heels of Intel’s...
Month : January 2024
Tesla’s 12% dive wipes $80 billion in market value
In a stunning turn of events, Tesla, the electric vehicle giant, witnessed a harrowing 12% plunge in its stock value on Thursday, resulting in an astonishing...
Vaping’s growing threat to public health
Vaping, once a ray of hope for those seeking a safer alternative to smoking, has rapidly evolved into a public health conundrum. Capturing the attention of...
SAP’s massive €2 billion investment in AI transformation
SAP, one of Europe’s leading companies, has revealed a strategic restructuring plan involving the allocation of €2 billion ($2.2 billion) to pivot towards artificial intelligence...
eBay cuts 1,000 full-time jobs in 9% workforce reduction
In a recent announcement, eBay revealed plans to eliminate approximately 1,000 full-time positions, marking a substantial 9% reduction of its workforce. The move comes as...
Netflix Surges 10% with 13.1 Million Q4 Subscribers
Netflix, the global streaming giant, experienced a remarkable surge in premarket trading as its shares skyrocketed by 10% following a stellar performance in the fourth...
ADNOC’s UAE sustainable energy and local manufacturing drive
In a significant gathering at the ADNOC Headquarters, UAE President Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors Meeting. During this meeting, His Highness...
PM Modi inaugurates historic Ram Temple in Ayodhya ceremony
In a momentous event that marks the fulfillment of a 35-year-old promise by the Bharatiya Janata Party (BJP), Prime Minister Narendra Modi illuminated the ‘Ram Jyoti’ on Monday evening...
Edge Group presents next-gen autonomous solutions
EDGE, a prominent global technology group specializing in unmanned and autonomous systems, unveiled three groundbreaking remotely piloted vehicles during the Unmanned Systems Exhibition and Conference (UMEX) and...
Sharjah Light Festival to illuminate 12 iconic landmarks
The eagerly awaited 13th Sharjah Light Festival (SLF) is scheduled to illuminate the night skies from February 7th to 18th. Hosted by the Sharjah Commerce and Tourism Development...