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10-Q: Q1 2024 Earnings Report
10-K: FY2023 Annual Report
Newbury Street Acquisition Corporation Announces Receipt of Nasdaq Letter
Energy prices soar France's inflation rate hit a decade-high in August
France's consumer price index (CPI) rose at an annual rate of 2.7% in August, the highest since December 2011, as energy and service costs rose sharply, according to data released by France's National Bureau of Statistics (INSEE) on Thursday. At present, most developed economies are being hit by soaring inflation. Italy, Germany and the euro zone are expected to report similar increases. But central banks have been playing down the importance of the recent surge in inflation. European Central Bank President Christine Lagarde said on Wednesday that the rise in inflation in the euro zone was "basically temporary", in line with Federal Reserve Chairman Colin Powell's remarks at the same group meeting. Bao Wei
The richest 500 people in the global stock market plummeted and lost 135 billion US dollars a day
As global stock markets plummeted on Monday, the richest 500 people in the world lost $135 billion in one day. Tesla CEO Elon Musk lost the most, and his net worth fell by $7.2 billion to $1980 billion. Amazon founder Jeff Bezos lost $5.6 billion to $194.2 billion in net worth. Tesla and Amazon shares fell 3.86% and 3.08%, respectively, on Monday. The S&P 500 index fell 1.7% on Monday, the biggest one-day decline since May.
Apple Inc's stock price hit a new high, and institutions are optimistic about the prospect of iPhone sales.
Apple Inc's share price rose to a record high of $154.78, or nearly 2 per cent, at the start of trading in the US on Wednesday. Jeff Kvaal, an analyst at Wolfe Research, upgraded Apple Inc's rating to level with the market from outperforming the market, and raised its target price to $155 from $135a. The analyst raised his expectations to more than widely expected and believes that promotional activities by US operators have effectively contributed to strong demand for iPhone 12. Kvaal told investors that he believes this trend will continue on iPhone 13 because of market competition and "no"