Shares of US Steel (X) saw a decline this morning following President Biden’s intervention in the steel manufacturer’s potential acquisition by Japan’s Nippon Steel (NPSCY, 5401.T). Biden emphasized the significance of “maintaining robust American steel companies powered by American steelworkers.”
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A new struggle for global market share is developing, which is why oil prices are rising. -
According to reports, Zuckerberg's Meta invests in the Ray-Ban manufacturer, demonstrating their dedication to AI-powered smart glasses. -
This year's second earnings warning is issued by advertising powerhouse WPP. It attributes this to a failing economy.
