Discover
August 2024 Archive
Discover articles published in August 2024, grouped by section.
Business
- Business2024’s Hottest IPO, Tempus AI, Started As A Trainwreck — Until Wall Street Saw The Potential
- Business5.3% of Americans Took On Additional Jobs in July, Reaching Pre-Pandemic Levels
- BusinessDell Rides AI Wave to New Heights In Q2, Reporting An 80% Boom in AI Server Sales
- BusinessAffirm Keeps The Buy Now, Pay Later Spending Party Going
- BusinessBuffett’s Berkshire Hathaway Surpasses $1T Valuation, Becoming First Non-Tech Firm To Cross Historic Threshold
- BusinessMillennials Have Experienced A 300% Surge In Household Wealth Since 2016, Outpacing Prior Generations
- BusinessBest Buy’s Retail Renaissance Sparks 14% Stock Surge with Improved Q2 Earnings Outlook
- BusinessDollar General Faces Loss of Lower-Income Shoppers Amid Price Wars
- BusinessNvidia Continues to Stun Investors With Double-Digit Growth, Showing That AI Demand Is Here To Stay
- BusinessHollywood’s Stock Troubles Mount As Pay TV Subscribers Drop 10.9%
- BusinessCash Under the Bed? Mattress Companies Wish They Had Some
- BusinessSuper Micro, AI’s Latest Sensation, Targeted by Short Seller with a History of Big Wins
- BusinessAMD Widens Lead Over Struggling Intel with New Consumer and AI Chips — Next Up, Nvidia
- BusinessAs EV Sales Collapse, Plug-In Hybrid Vehicles Accelerate — With US Figures Rising 59% In 2024’s First Quarter
- BusinessHome Appliance Giant SharkNinja Swims Into New Waters With Aggressive Product Expansion
- BusinessCharles Schwab’s Big Bank Is Causing Big Trouble for the Company and Its Comeback Plan
- BusinessThe US Is Spending Billions On Transit Infrastructure. Will It Pay Off?
- BusinessCash Flow Across The Largest Defense Companies is Forecasted to Double by 2026
- BusinessNvidia’s Q2 Earnings Rollercoaster Could Make or Break AI Hype
- BusinessInvestors Say They’re Bullish, But Their Portfolios Signal Recession
- BusinessSpace Stocks Are Taking Off Thanks To Strong Revenue Growth, Upgrades, and Industry Optimism — But Can It Last?
- BusinessSaudi Arabia’s Wealth Fund Grows 29% After Turning Focus Inward
- BusinessNestlé’s Shareholder Surprise Sours Stock as CEO Gets the Boot
- BusinessA Bowl Market Is Propping Up Big Returns in the Fast Casual, Health Food Industry
- BusinessActivist Investors Are Waging War Against Companies In Record Volume. Is It Working?
- BusinessChina Loses Ground In Global Indexing as MSCI Cuts Nearly 200 Stocks in 2024
- BusinessZoom’s Q2 Reports Stalling Revenue as Cash Pile Swelled to $7.5B
- BusinessTD Bank Sells Schwab Shares To Cover Money Laundering Expenses
- BusinessKamala Harris Proposes An End To Grocery “Price Gouging.” Industry Advocates Say, “What Gouging?”
- BusinessTarget Returns to Growth After Price Cuts On Essentials
- BusinessInvestors Pile Into Gold ETFs As Optimism For Rate Cuts Soars
- Business72K Full-Time Real Estate Agents Fled The Industry In 2023
- Business“Romantasy” Novel Sales Are Up Over 100% In The US Since 2020
- BusinessBankruptcy Looms For BurgerFi as Restaurant Industry Enters Next Phase of Decline
- BusinessAmericans Are Increasingly Alarmed About Job Stability, Opportunities
- BusinessElon Musk Pushed Advertisers Away From X. Now, He’s Driving Away Potential Customers From Tesla
- BusinessAudit Quality Concerns Grow as 46% of Inspected Reports Fail to Meet Evidence Standards
- BusinessStartup Failures Spike As High Interest Rates, Limited VC Funding Take Toll On Early-Stage Ventures
- BusinessLucid Claims Its New EV Is the “Most Efficient Production Car Ever” — But Will That Win Over Customers?
- BusinessCorporate Execs and Board Members Are Increasingly Seeing AI as a Risk To Their Business
- BusinessMercadoLibre Has Become More Than “The Amazon of Latin America.” It’s Also Now The Most Valuable Company In the Region.
- Business33.2% of US Landlords Offered Rent Concessions In July, Thanks To The Construction Boom
- BusinessThe Farming Industry Is Preparing For One of Their Worst Years in History
- BusinessSonos’ Bungled App Launch Has Spawned Layoffs, Cost Millions, and Jeopardized Its Standing With Audio Enthusiasts
- BusinessMedicare Drug Negotiations Could Cut $6B from US Healthcare Costs
- BusinessWalmart Q2 Earnings Defy Slowdown Fears as Consumer Spending Remains Resilient
- BusinessAs Fed Teases Rate Cuts, Mortgage Companies Fetch Bids From Investors
- BusinessAmerica’s Sports Gambling Boom is Draining Investment Accounts — And Sports Betting Firms Could Make It Worse
- BusinessHere’s What Warren Buffett And Other Major Hedge Fund Managers Bought Last Quarter
- BusinessGoogle Lost Its Antitrust Suit. What Happens Next Could Change the Company (And Big Tech) Forever
- BusinessUS Cassette Sales Topped 430K In 2023, Thanks To Gen Z’s Renewed Interest In Physical Media
- BusinessHome Improvement Retailers Hammered by Cautious Customers
- BusinessGlobal Video Game Industry Could Rebound In 2025, Led by China
- BusinessJuly Inflation Cools as Core CPI Eases for Fourth Straight Month, Paving Way for Fed Rate Cut
- BusinessScammers Exploit Zelle To Steal Millions — And Congress Pushes Banks To Reimburse Victims
- BusinessPandora CEO Foresees Lab Grown Gems Becoming More Popular Than Mined Diamonds Within The Next 10 Years
- BusinessStarbucks Brews Bold Move by Poaching Chipotle CEO to Percolate Business
- BusinessPandemic-Era Wealth Evaporates, Leaving Middle and Low-Income Households High and Dry
- BusinessFDA’s MDMA Therapy Delay Sends Shockwaves Through Psychedelic Medicine Industry
- BusinessOne of India’s Most Valuable Companies Accused of Fraud — Researchers Claim Government Cover Up
- BusinessNearly 400M People Have Suffered From Long Covid, Costing the Global Economy $1T
- BusinessPower Profits Surge As AI Energizes Surprise IPP Gains
- BusinessWith The 2024 Paris Olympics Over, Los Angeles Hopes To Replicate Its Historical Financial Success in the 2028 Games
- BusinessCompanies Cut Back on Business Trips But Splurge on Team Retreats
- BusinessUnder Armour Was Supposed to Be “The Next Nike.” Instead, It’s Struggling For Relevance, With Sales Declining and Losses Mounting.
- BusinessUS Trucking Industry Gains Momentum Thanks To 9% Increase in Shipment Demand
- BusinessMickey’s Magic Fades as US Theme Parks Report Q2 Slump
- BusinessAfter Rising 800%, Gen Z’s Favorite Beauty Brand Risks Getting Caught In The US-China Trade War
- BusinessCable TV Is In Crisis Mode As Paramount and Warner Bros. Discovery Write Down Billions
- BusinessGlobal Investors Buy the AI Dip As The Industry Faces Its First Major Test
- BusinessDrugmakers Enter an Era of Lower R&D Spending Amid Regulatory Pressures and Patent Cliffs
- BusinessHomeowners Who Invested in Clean Energy Upgrades Received $8.4B in Tax Credits from the IRS in 2023
- BusinessHilton Expands High-End Hotel Holdings
- BusinessWarner Bros. Discovery Faces More Trouble After $10B Quarterly Loss
- BusinessMortgage Rates Drop to 15-Month Low, Raising Homebuyer Hopes Despite Affordability Challenges
- BusinessBumble Is So 2019. It’s All About Niche Dating Apps in 2024.
- BusinessDelivery Apps Are Defying a Global Consumer Slowdown With Record Revenue And Transaction Growth
- BusinessNovo Nordisk’s Q2 Profits Slim Down as Competition Bulks Up
- BusinessAirbnb Faces Booking Blues as Travel Industry Hits a Rough Patch
- Business9.1% of Credit Card Balances Have Slipped Into Delinquency Over the Past Year, Highest Since 2011
- BusinessDisney’s Streaming Dreams Come True, But Parks Business Hit Speed Bump
- BusinessWall Street Is Positioning For Aggressive Rate Cuts in 2024. Bank of America Says “Sell the First Rate Cut.”
- BusinessGolden Years Go Gray as Retirement Age Keeps Climbing
- BusinessVIX Sees Third Major Spike in History Following Bank of Japan’s Unexpected Rate Hike
- BusinessPalantir Soars on Revenue Lift as Defense and AI Sectors Collide
- BusinessJPMorgan Analysts See “Buy the Dip” Opportunity After Global Stock Slump
- BusinessUber Is Making All The Right Moves With Autonomous Vehicles and Delivery Expansions
- BusinessCelsius Is Gaining Market Share Against Rival Energy Drinks Despite a Cooling Market
- BusinessJudge Rules That Google Is Running an Illegally Monopolized Market. Here’s What Comes Next.
- BusinessThis Year’s Hot Trades Are Cooling Down Due to Slowing US Growth and the Bank of Japan
- BusinessAccountant Shortage Wreaks Havoc On Publicly-Traded Companies, Threatens Financial Statements and CFO Stability
- BusinessBerkshire Trades Apple and Bank of America for T-Bills as Buffett’s Conviction Wanes
- BusinessShoplifting Surges 24% as More Americans Struggle with Rising Costs
- BusinessCan Apple Intelligence Live Up To The Hype And Make Warren Buffett Regret Cutting His Apple Stake?
- BusinessDraftKings Is Fighting Higher State Taxes With Its Own Surcharge. That Risks Pushing More Bettors To Offshore Markets.
- BusinessRecord US Manufacturing Spending Struggles To Translate Into Jobs — New Data Signals Worsening Trend
- BusinessUS Unemployment Rate Rises To 4.3% for First Time Since October 2021, Bringing Back Recession Fears
- BusinessIntel Stock Craters After Announcing 15K Layoffs and $1.6B Q2 Loss
- BusinessDoorDash’s Strong Gains Shine Despite Restaurant Industry Slowdown
- BusinessFewer Families Are Moving Due to Rising Homeowner Costs and Election Uncertainty
- BusinessLate-Blooming AI Stocks Attract Major Investor Interest After Market Shuns AI Leaders
- BusinessBear and Bull Survey: 60.5% of Investors Are Bullish Going Into August
- BusinessCarvana’s Shares Have Risen Over 3,000% Since End of 2022, CEO Expects Another Strong Year
- BusinessTesla’s Full Self-Driving Vehicle Isn’t Ready Despite What Musk Says. That’s Raising Red Flags For Investors.
Politics
Technology
- TechnologyAfter the “Worst IT Outage In History,” Cybersecurity Stocks Are Rallying — Here’s Why
- TechnologyStarlink Competitor, AST SpaceMobile, Blasts Off as Satellite Launch Proposal Ignites Stock Gains
- TechnologyReddit’s Fate Is Now Tied To The Whims of Google, And That’s Sparking Investor Jitters
- TechnologyGoogle Rolls Out New Pixel Devices Powered by Controversial Gemini AI
- TechnologyAs AI Assistants Sound More Human, Experts Raise Alarms Over Emotional Manipulation
- TechnologyMeta’s Mammoth AI Spend Aims to Shape Tomorrow’s Tech