Nokia Corp (NYSE:NOK) is actively searching for a new CEO as it struggles with declining sales and a depressed share price. What Happened: The Finnish telecom equipment giant has approached potential candidates to replace current CEO Pekka Lundmark, who has…
Schlumberger N.V. (NYSE:SLB) disclosed that it has successfully demonstrated sustainable lithium production at scale at its Clayton Valley, Nevada, plant. SLB’s integrated solution offers a complete, end-to-end process that includes advanced impurity treatment and concentration technologies to produce high-purity lithium…
Although U.S. stocks closed lower on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an…
Big Lots, Inc. (NYSE:BIG) is set to release earnings results for its second quarter, before the opening bell on Friday, Sept. 6. Analysts expect the Columbus, Ohio-based company to report a quarterly loss at $3.46 per share, versus a year-ago…
Elon Musk’s ongoing dispute with Brazil over the ban of social media platform X could potentially affect his other businesses, warns Wall Street Journal business columnist, Tim Higgins. What Happened: Brazil’s ban on X has started to impact other parts…
CleanSpark Inc (NASDAQ:CLSK) shares are trading lower. The company on Tuesday released a Bitcoin (CRYPTO: BTC) mining update for August. What Happened: CleanSpark said it mined 478 Bitcoin in August, down from 494 in July. The company has now mined…
Shares of Affirm Holdings, Inc. (NASDAQ:AFRM) rose sharply in today's pre-market trading following strong fourth-quarter earnings and upbeat first-quarter guidance. Affirm reported quarterly losses of 14 cents per share, which beat the analyst consensus estimate of losses of 51 cents…
Former President Donald Trump has launched a new collection of digital trading card non-fungible tokens (NFTs), marking the fourth installment in what has become a profitable venture for the Republican presidential candidate. What Happened: This latest series offers a unique…
Former bank CEO from Kansas, Shan Hanes, has been sentenced to 24 years in prison for his involvement in a $47.1 million crypto scam related to pig butchering. What Happened: Hanes, the former CEO of Heartland Tri-State Bank, was convicted of embezzlement. He diverted…
State-linked Chinese entities are reportedly using cloud services from Amazon.com Inc. (NASDAQ:AMZN) and other providers to bypass U.S. export restrictions and access advanced Nvidia Corp. (NASDAQ:NVDA) chips and artificial intelligence capabilities. What Happened: U.S. export restrictions were imposed over the…
