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Renowned investor Steve Eisman has recently raised concerns about the bullish sentiments prevailing in the market in 2024. What Happened: Eisman, who is famous for foreseeing the housing market crash of 2007-2008, suggested that the level of optimism among investors is alarmingly high, CNBC...

In the wake of contentious gaming regulations that caused havoc in China’s gaming stocks, a principal official has been discharged from the country’s press and publications regulator. What Happened: Feng Shixin, the head of the publishing unit of the Communist Party’s...

In an unexpected reversal, X, the social media platform owned by Elon Musk, has reinstated news headlines in its shared links after previously choosing to remove them. What Happened: X, formerly Twitter, has decided to display news headlines alongside shared links again. This decision is in stark...

Tesla Inc (NASDAQ:TSLA) is fighting a former employee’s attempt to use bankruptcy as a shield against a $425,000 legal debt originating from a longstanding feud with CEO Elon Musk. What Happened: Tesla appealed to a bankruptcy judge on Tuesday to hold ex-employee Martin Tripp responsible for...

CNBC’s Jim Cramer recently shared his market predictions for 2024, suggesting a possible sector rotation and significant influence from Federal Reserve decisions. What Happened: Cramer on Tuesday predicted that investors might move away from the leading Magnificent Seven tech stocks to invest...

Singapore’s economy accelerated in Q4 2023, outperforming economists’ predictions largely due to the progress in the construction and manufacturing sectors. What Happened: As reported by Reuters, Singapore’s economy grew by 2.8% year-on-year during the fourth quarter, with the...

In a shocking revelation, asset management firm Fidelity has disclosed a 71% tumble in the value of X, formerly known as Twitter, since Elon Musk‘s takeover in October 2022. What Happened: Fidelity reported that the value of X crashed by over 71% after Elon Musk’s acquisition...

In a troubling incident, South Korean opposition leader Lee Jae-myung was the victim of an assault during a public appearance in Busan City, raising eyebrows about the increasing instances of political violence in the nation. What Happened: According to Yonhap News Agency, Lee, the chairman of the...

A massive recall of hypoallergenic infant formula has been initiated due to concerns over potential bacteria contamination. The recall involves approximately 675,000 cans of infant formula. What Happened: Reckitt Benckiser Group plc‘s (OTC:RBGLY) Mead Johnson Nutrition (NYSE:MJN) is...

In a significant blow to several electric vehicle (EV) manufacturers, various models have lost their eligibility for up to $7,500 in U.S. tax credits. The updated battery sourcing norms have impacted car models from Tesla Inc (NASDAQ:TSLA), Nissan Motor Co Ltd (OTC:NSANY), and General Motors Co (...

In a surprising turn of events, users of the Apple Watch were met with personal responses from Apple Inc. (NASDAQ:AAPL) CEO Tim Cook after they shared their life-saving experiences with the device via email. What Happened: Two users of Apple Watch reached out to Cook via email, sharing how their...

Fundstrat’s Tom Lee suggests a potential 30% surge for the S&P 500 next year, anticipating a decline in inflation and a possible interest rate cut by the Fed. What Happened: Lee, a renowned bullish strategist, anticipates the S&P 500 to touch 5,200 by the close of the year, indicating...