A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China, on May 7, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING โ European companies in China are finding it harder to make money in the country as growth slows and overcapacity pressures...
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New York tops the list of the 50 richest cities in the world
New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of California is close behind, according to a new study.New York's millionaire population has surged 48% over the past decade, despite fears of wealth flight and the Covid-19 pandemic hollowing out...
Oddity Tech says it’s bucking the beauty slowdown Ulta warned about
As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it is bucking the trend. Oddity Tech, the newly public Israeli cosmetics platform that uses artificial intelligence to develop products, posted first-quarter results that blew past expectations and raised its full-year guidance. Here is how the...
Top Wall Street analysts suggest these dividend stocks for income investors
As macro uncertainty hangs over the stock market, investors are searching for sources of income, which can help cushion their portfolios in volatile times.Those who wish to add stocks that pay dividends consistently can follow the recommendations of Wall Street experts. These analysts can guide investors toward the best stocks...
Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run."We did cut that and a lot of other positions in late March. I just need a break. We've had a...