Shares of Wolfspeed, a prominent chipmaker, dropped by 50% on Friday, hitting their lowest point since 1998. This significant decline stems from uncertainty surrounding the company’s...
Etiket: Stock Market
Elon Musk Faces Fraud Lawsuit Over Delayed Twitter Stake Disclosure
Elon Musk must face a fraud lawsuit after a U.S. judge ruled that shareholders sufficiently alleged that he defrauded them by delaying the disclosure of his...
Wipro Secures $650 Million Deal with British Insurer Phoenix Group
Wipro, India’s fourth-largest IT services provider, has secured a significant 10-year deal worth 500 million pounds ($645.4 million) with British insurer Phoenix Group. This deal, announced...