Former Microsoft product chief, Panos Panay, has been announced as the new head of Amazon’s devices and services unit. He will be replacing Dave Limp, who recently announced his departure after over 13 years at the company. The transition will take place at the end of October, with Limp remaining to assist with the process.
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Meta’s Threads real-time messaging app, once hailed as a potential competitor to popular social media platforms, is now facing significant challenges in attracting new users. Despite a promising debut in July, the app is now ranking near the bottom of the popularity list, trailing even behind Tumblr. According to Insider Intelligence’s first Threads forecast, the
AstraZeneca, a leading pharmaceutical company, has been making notable strides beyond its successful oncology portfolio. Jefferies analyst Peter Welford believes that investors should not overlook the company’s robust pipeline of therapies in the cardio and respiratory space. In fact, Welford recently upgraded the stock from hold to buy and raised the price target on U.S.-listed
The recent announcement by the Federal Reserve regarding their higher-for-longer rate path has raised concerns about the recovery prospects for small cap and international stocks. However, one strategist believes that despite the potential delays, investors should not overlook these assets. This article delves into the performance of small cap and international stocks, the impact of
Electric vehicles are revolutionizing the automotive industry, and investors are keen to participate in this transformative trend. However, traditional electric vehicle exchange-traded funds (ETFs) often lack concentrated exposure to the sector. Defiance ETFs aims to address this gap by offering the Solactive Pure U.S. Electric Vehicle ETF, also known as the Pure EV Index fund.
In a bizarre turn of events, a residential backyard in Charleston County, South Carolina became an unexpected landing site for a pilot who had been forced to eject from an F-35B Lightning II fighter jet. The incident, which occurred on Sunday, has left residents shocked and puzzled. As news of the incident spread, the county
The Federal Trade Commission (FTC) has taken legal action against U.S. Anesthesia Partners, the largest anesthesiology provider in Texas. This move comes as the FTC claims that the company has been utilizing its monopoly power to drive up prices for patients, ultimately boosting its profits. In response, the FTC has filed a lawsuit seeking to
Pinterest, the popular social media platform known for its visual discovery and bookmarking features, has caught the attention of investors. Despite underperforming this year with a modest 8% increase in its stock price, Citi analyst Ronald Josey believes it presents a lucrative buying opportunity. As a result, he upgraded Pinterest shares to buy/high risk, confident
Recently, five American citizens who had been wrongfully imprisoned in Iran were finally released and have arrived back on U.S. soil. This significant development marks the end of a long and arduous journey for these individuals and their families. Despite the strained relationship between the United States and Iran, the prisoner exchange agreement has allowed
Agility Robotics, the trailblazing robotics company, is making waves in the industry by opening the doors to its state-of-the-art factory, aptly named the “RoboFab,” in Salem, Oregon. This 70,000 square-foot facility is set to revolutionize the production of humanoid robots, marking a significant milestone for the company and the robotics industry as a whole. With