🛍️ TikTok Shop Hits $100M Black Friday Sales
TikTok Shop gained $100 million in sales on Black Friday, setting itself up as a potential Amazon competitor in e-commerce.
🚫 Elon Musk's $56B Tesla Package Revoked
A ruling to rescind Elon Musk’s $56 billion Tesla pay package was upheld, marking a significant decision in corporate governance.
💼 Intel CEO Retires Amidst Pressure
Intel CEO Pat Gelsinger announced his retirement amid pressure due to the company's failure to regain market share in the chip industry.
🔍 Apple Faces Lawsuit Over Employee Surveillance
Apple employees have accused the company of surveilling them, leading to a new lawsuit against the tech giant.
🚗 Jaguar Unveils All-Electric Type 00 Concept
Jaguar unveiled its all-electric concept car, the Type 00, during Miami Art Week, showing its commitment to electric vehicles.
📈 Tech Stocks Propel Market to New Highs
Tech stocks, including Tesla, Meta, and Apple, led the S&P 500 and Nasdaq to new record highs in December.
🏭 US Manufacturing Activity Sees Recovery
US manufacturing activity showed signs of recovery with the ISM Manufacturing PMI reaching its highest since June 2024.
💰 Tech Companies Set to Release Earnings
Salesforce, Okta, Box, Marvell, and Pure Storage are set to release quarterly earnings.
🔍 Super Micro Review Clears Misconduct
Super Micro's independent review found no misconduct as they continue to search for a new CFO.
🛒 BlackRock Buys HPS for $12 Billion
BlackRock is expanding its private-market business with a $12 billion acquisition of HPS Investment Partners.
📊 Dow Futures Steady; Rate Cut Anticipated
Dow futures remain steady while investors anticipate a potential December rate cut by the Federal Reserve.
🔝 S&P 500 Records 54th High in 2024
The S&P 500 achieved its 54th record close in 2024 after a strong month.
💸 Thanksgiving Online Sales Up 9%
Consumers spent $6.1 billion online on Thanksgiving, showing a 9% increase from the previous year.