Lidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse
The merger creates a lidar powerhouse with more than 850 customers and about $315 million in cash on hand.
Chart analysts say the S&P 500 is hovering at a level that points to more downside
The S&P 500 appears to be stalling at a technical level that concerns many chart analysts.
Meta’s chief business officer will leave the company after 13 years
Meta’s Chief Business Officer Marne Levine is stepping down after 13 years with the company, Meta announced in a release Monday.
Know what’s in your ETFs: Balloon incidents put focus on aerospace and defense stocks
The string of unidentified objects shot down by the U.S. military could ease investor concern about defense budget cuts.
Europe is looking to tackle sky-high debt loads after signs it will dodge a recession
European officials sighed with relief Monday after new data suggested the region will avoid an economic recession.
There’s a new inflation warning for consumers coming from the supply chain
Inflation has dropped rapidly, helping the Fed and economy, but there’s a sticky source in the supply chain related to inventory gluts and weak consumer demand.
Ukraine plots post-war rebuilding effort with JPMorgan Chase as economic advisor
One year into its conflict with Russia, which invaded Ukraine in February 2022, Ukraine’s government is laying the groundwork to help rebuild the country.
Turkey-Syria reconstruction costs to come to ‘billions of dollars,’ World Bank says
The World Bank has slated roughly $1.8 billion of funding to Turkey and is pursuing relief aid for Syria, following last week’s devastating earthquakes.
Death toll in Turkey and Syria earthquake tops 41,000 as UN says rescue phase is coming to a close
The disaster has ravaged cities in Turkey and Syria, leaving many survivors homeless in near-freezing winter temperatures.
Chinese e-commerce giant PDD splashes on Super Bowl ad for its Temu U.S. shopping site
It is rare for a Chinese firm to buy a Super Bowl ad spot, which cost millions of dollars.
