News

  • BusinessInsider Monkey

    Expedia Group (EXPE) Declined 9.3% Giving Back its Gains

    Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. During the quarter the strategy returned 11.8% net of fees compared to the S&P 500’s 10.6% return. The outperformance of the portfolio can be attributed to selection and […]

    2 min read
  • WorldReuters

    North Korea hacking teams hack South Korea defence contractors - police

    Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks and stealing technical data, South Korea's police said on Tuesday. Hacking teams linked to North Korea's intelligence apparatus and known as Lazarus, Kimsuky and Andariel planted malicious codes in data systems of the defence companies either directly or through contractors working with them, the police said. The police, work

    2 min read
  • BusinessReuters

    Japan's 7-Eleven convenience chain targets aggressive global growth

    Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into Europe, Latin America, the Middle East and Africa. It is aiming to boost the global number of 7-Eleven stores 18% to about 100,000 by 2030 and for the chain to be in 30 countries and regions, up from 20 now. It also agreed to spend more than $2 billion to scoop up convenience stores in Australia and the United States.

    1 min read
  • BusinessGuruFocus.com

    Atlassian Corp President Anutthara Bharadwaj Sells Company Shares

    Atlassian Corp (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, has reported an insider sell according to a recent SEC filing.

    2 min read
  • BusinessGuruFocus.com

    Director Clint Hurt Sells 4,568 Shares of PrimeEnergy Resources Corp (PNRG)

    Director Clint Hurt has sold 4,568 shares of PrimeEnergy Resources Corp (NASDAQ:PNRG) on April 19, 2024, according to a recent SEC filing.

    1 min read
  • BusinessReuters

    Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

    Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, the two firms said on Tuesday. FPT plans to use Nvidia's support to boost AI research in Vietnam with the aim of developing AI applications and solutions at the planned data centre factory, including for generative AI and autonomous driving, the firms said in a joint statement.

    1 min read
  • BusinessBBC

    Homeowner pain as major banks lift mortgage rates

    Lenders respond over views the Bank of England may not cut interest rates as quickly as forecast.

    3 min read