Author: Frank Davis

NVIDIA, a global leader in visual computing technologies and the inventor of the graphic processing unit (GPU), has seen a significant increase in its workforce over the years. The company’s employee count has grown from 13,775 in 2020 to 26,196 in 2023, marking a remarkable growth rate of 90.3% over three years. This growth reflects […]

In a surprising turn of events, the iconic department store chain Macy’s has received a private buyout offer that could potentially reshape its future. An investor group has proposed a deal to take the retailer private, valuing the company at a staggering $5.8 billion. This valuation is over $1 billion more than its current market […]

China’s economic landscape is currently overshadowed by a significant debt problem that could potentially trigger a financial crisis. The country’s debt-to-GDP ratio has doubled over the past 15 years, reaching a staggering 280%. This debt burden is largely held by local government financial vehicles, which are now seen as a ticking time bomb. China’s property […]

In a surprising turn of events, Boeing, the aerospace titan, has withdrawn from the competition to construct the successor to the E-4B Nightwatch, colloquially known as the ‘Doomsday Plane’. This development leaves Sierra Nevada Corporation (SNC) as the sole known contender for the contract. The E-4B Nightwatch, a modified Boeing 747, is a critical asset […]

In a significant development in the tech industry, the much-anticipated merger between Broadcom and VMware has finally received the green light from Chinese regulators. This approval marks the last hurdle in the merger process, paving the way for the deal to close. The merger, which is set to finalize on Wednesday, has stirred up the […]

SpaceX, the pioneering private space exploration company, is set to embark on a significant milestone in its journey towards the stars. The company’s next-generation spacecraft, Starship, has received clearance from the Federal Aviation Administration (FAA) for its second test flight, scheduled for November 17, 2023. The first test flight of Starship, which took place in […]

As we navigate the financial landscape of 2023, it’s clear that the year has been marked by significant divergence in stock performance across size, sectors, and styles, against a backdrop of unusually low volatility. The global economy has shown resilience, with neither the US nor the global economy appearing fragile or likely to fall into […]

Toyota, the renowned automotive giant, has recently announced a recall of approximately 1.8 million RAV4 SUVs, specifically those manufactured between 2013 and 2018. This recall is due to a potential fire risk associated with the 12-volt batteries used in these vehicles. The issue lies in the size of the replacement batteries. Some of these batteries […]