Author: theparknews

Stocks had their best week of the year as investors cheered President-elect Donald Trump’s economic policies. Steve Sosnick of Interactive Brokers said, “The economic boom is due to tax cuts, and there is a general perception that the market prefers Republican administrations, but it is true that the performance of Democratic administrations over the past few years has not been terrible.” “It wasn’t a real thing,” Steve Sosnick of Interactive Brokers explained to me. About Yahoo Finance’s special election coverage. The Dow Jones Industrial Average (^DJI) soared more than 1,700 points from Wednesday to Friday, ending the week up 4.6%.…

NIO Inc. NIO shares rose 2.5% after the company announced a 13.3 billion yuan cash injection into Nio’s China operations.Moderna Inc.’s MRNA stock rose 1.6% after the company announced it had administered the first dose in a Phase 3 trial of its norovirus vaccine candidate.AMC Entertainment Holdings AMC shares rose 1.1% after the company reduced its debt by nearly $153 million.Futu Holdings Limited FUTU shares rose 11.6% as recent economic stimulus measures boosted investor optimism and Chinese stocks hit a 16-year high.Want the latest recommendations from Zacks Investment Research? Today you can download 7 Best Stocks for the Next 30…

Tesla Inc. (TSLA) shares plunged 8.8% after the EV giant’s robotaxi announcement failed to garner interest from market participants over production ramp-up and regulatory hurdles.Stellantis NV stock (STLA) plunged 2.2% as the company plans major changes in its management team, including the firing of its CFO.The Boeing Company (BAShares rose 3% after the company said it plans to cut 10% of its workforce, or 17,000 jobs, to reduce losses from worker strikes. Super Microcomputer Corporation stock (SMCI) 2.9% after the company recently announced it had shipped more than 100,000 GPUs with direct liquid cooling solutions for some of the very…

Ekarx Co., Ltd.SHANGHAI, Sept. 05, 2024 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, and AMD, a leader in high-performance and adaptive computing, today congratulated Lynk & Co. on the first shipment of the Lynk & Co. Z10 flagship luxury sedan, which integrates ECARX’s Makalu® computing platform with AMD Ryzen™ Embedded V2000 processors. Dr. Lisa Su, Chairman and CEO of AMD, delivered the tribute via video at the Z10 launch event.The Lynk & Co Z10 will make its official debut in Sweden in June 2024, showcasing the strength of the Makalu®…

Toll Brothers Inc.DELRAY BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) — Toll Brothers Inc. (NYSE: TOL), the nation’s premier builder of luxury homes, today announced the upcoming opening of its newest community, Layton Pointe, in Delray Beach, Florida. This Toll Brothers luxury neighborhood will offer single-family home sites with a variety of luxury features and is expected to begin sales in spring 2025.Layton Pointe is an intimate community of new single-family homes offering elegant one- and two-story home designs. Living spaces range from 2,632 to over 4,187 square feet with three to six bedrooms, 2.5 to 5.5 bathrooms, and three-…

Ryoko Rain Co., Ltd.Olympian Aleisha Johnson will debut the company’s signature shorts, shirts and jackets ahead of the premier women’s track event, which will feature the world’s fastest women and offer the highest prize money ever for an all-female track event.Ame Yoshiko x Aslos collaborationOlympian Aleisha Johnson launches the Ryoko Rain x Athlos NYC collection. Athlos NYC is the premier event for women’s track and field, set to take place on September 24, 2024 at Icahn Stadium in New York City.NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) — Ryoko Rain, the premium sportswear brand known for its butterfly designs and…

Transparency Market ResearchThe demand for second-hand luxury goods is growing in the Middle East due to an increasing wealthy population and desire for luxury items.WILMINGTON, Del., USA, Sept. 24, 2024 (GLOBE NEWSWIRE) — The Middle East second-hand luxury goods market (중고명품시장) is projected to grow at a CAGR of 13.3% from 2024 to 2035. Transparency Market Research predicts that total sales of second-hand luxury goods in the Middle East will reach USD 3.5 billion by the end of 2035.The region’s rich cultural heritage has fostered an appetite for vintage and traditional luxury goods, driving interest in the secondhand market as…

Historic leadership transition launches bold strategic plan and pioneers impressive programs in engineering, computer science, and psychologyHampton University rises in national rankingsoutstanding unityA timeless symbol of Hampton’s heritagehampton university clock towerHAMPTON, Va., Oct. 4, 2024 (Globe Newswire) — Hampton University has made a remarkable rise in the 2025 U.S. News & World Report rankings, placing it among the top 10 Historically Black Colleges and Universities (HBCUs) in the nation. We proudly announce that we have secured the 7th place position. These milestones reflect the university’s unwavering commitment to academic excellence and student success. In addition to its ranking among HBCUs,…

Verizon Communications Inc.NEW YORK, Oct. 17, 2024 (Globe Newswire) — Verizon Business returns to the HLTH event in Las Vegas (Booth #3028) to showcase the latest advancements in 5G healthcare solutions. From enhancing connectivity and security to showcasing partnerships, Verizon Business is at the forefront of providing healthcare providers with the technology they need to transform patient care.Visit Verizon Business at booth number 3028.Experience Verizon Business’ healthcare solutions first-hand at Booth #3028 at the Venetian Expo Center. Executives will be able to conduct hands-on demonstrations and discuss how Verizon Business can help healthcare organizations automate workflows, streamline operations, and democratize…

COLORADO SPRINGS, Colo., Oct. 22, 2024 (Globe Newswire) — Toll Brothers, Inc. (NYSE:TOL), a leading national luxury home builder, announced today that its newest community, Foxtail Crossing, will soon be located in Colorado. It has been announced that it will be opened near. The intersection of Tutt Boulevard and Dublin Boulevard in Colorado Springs, Colorado. Construction of the sales center and Toll Brothers model home will begin in November, with sales expected to begin in spring 2025. Foxtail Crossing is a brand new gated community located in Colorado Springs offering luxury single-family pair homes of up to 2,067 square feet…