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Wolfspeed’s stock surged 6% in extended trading despite the company forecasting lower first-quarter revenue, attributed to manufacturing challenges. The silicon carbide chip manufacturer expects first-quarter revenue between $185 million and $215 million, falling short of the $211.7 million analysts had anticipated. This forecast reflects anticipated production issues at

Michelle Obama faced significant backlash following her recent speech at the Democratic National Convention (DNC), where she urged Americans to avoid “taking more than they need.” Critics accused the former First Lady of hypocrisy, pointing to her considerable wealth and multiple luxury properties. During her speech, Obama reflected on her

In his speech at the Democratic National Convention, Tim Walz, the Democratic vice-presidential nominee, outlined promises aimed at easing financial pressures on middle-class families and addressing homeownership challenges. Walz, a key figure in Kamala Harris’s presidential campaign, emphasized plans to cut middle-class taxes, reduce prescription drug costs, and support

In a memorable appearance at the Democratic National Convention on Wednesday night, Tim Walz, a candidate for Vice President, channeled his inner high school football coach to energize the party’s base. The scene was set with a nostalgic display as former players from Walz’s high school football team

Billionaire investor Mark Mobius is advising investors to be cautious and keep a significant portion of their portfolios in cash due to troubling economic signals not seen in nearly a century. Economic Caution Amid Historic Decline In a recent interview with CNBC, Mark Mobius, founder of Mobius Capital Partners, urged

The U.S. National Transportation Safety Board (NTSB) has initiated an investigation into a crash involving a Tesla electric semi-truck on a California highway. The incident, which occurred near Emigrant Gap late Monday night, resulted in a fire that closed the highway for over 12 hours. Thankfully, no injuries were

Veteran media executive Edgar Bronfman has significantly increased his bid to acquire Paramount Global, now offering $6 billion. This latest proposal targets the controlling shareholder, National Amusements, and a minority stake in Paramount itself. Details of the Revised Bid Bronfman’s new offer marks a substantial boost from his previous