Soho House & Co. rejected an acquisition offer at a “substantial premium,” suggesting the unprofitable members-only club is confident in its ability to turn around. from Bloomberg Markets https://ift.tt/dB1F3eO
India is set to be the world’s fastest-growing major economy this year, but economists say the country’s headline growth numbers don’t tell the whole story. https://www.wsj.com/articles/to-understand-indias-economy-look-beyond-the-spectacular-growth-numbers-31f5dd11
The move is part of Europe’s battle to reduce reliance on Asian imports for vital manufacturing components. https://www.cnbc.com/2024/05/31/eu-approves-italian-aid-for-5point4-billion-stmicro-chip-plan.html
Dell Technologies Inc. fell sharply in premarket trading on Friday after its first revenue increase since 2022 wasn’t enough to impress investors with high expectations for the company’s AI server business. Sales rose and profits beat estimates. Woo Jin Ho of Bloomberg Intelligence is on “Bloomberg Surveillance.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/UbgO0WT
Polkadot recently encountered significant selling pressure at a key resistance region, encompassing the 100-day moving average and the crucial $7.4 level. This resistance has led to a potential continuation of the bearish retracement. Technical Analysis By Shayan The Daily Chart A detailed examination of Polkadot’s daily chart reveals a bearish sentiment, with the price being…
India’s economic growth topped 8% in the fiscal year that ended in March, faster than expected, giving Prime Minister Narendra Modi’s government a boost days before election results are announced. from Bloomberg Markets https://ift.tt/AzEuKdo
Anti-Trump attorney George Conway called CNN contributor Scott Jennings a “liar” in a heated debate Friday over former President Trump’s unprecedented conviction in New York. Conway was infuriated as Jennings argued that Trump’s conviction has united the GOP and will “backfire” on the Democrats. “Scott’s lying and that’s the problem with the Republican Party. It’s…
Ethereum’s price has been gaining bullish momentum recently after experiencing a correction in the last couple of months. With the asset approaching its recent high, investors are hoping for new records, but breaking the $4,000 resistance seems tougher than expected. Technical Analysis By TradingRage The Daily Chart In the daily timeframe, the price blasted through…
Anti-Trump attorney George Conway called CNN contributor Scott Jennings a “liar” in a heated debate Friday over former President Trump’s unprecedented conviction in New York. Conway was infuriated as Jennings argued that Trump’s conviction has united the GOP and will “backfire” on the Democrats. “Scott’s lying and that’s the problem with the Republican Party. It’s…
In the modern landscape of self-expression, the allure of tattoos has only continued to grow. But a new study contains a startling revelation: People with tattoos may have a 21% higher risk of developing lymphoma. The study from Lund University in Sweden finds that people’s chances of developing lymphoma increase regardless of the tattoo’s size.…