SHBI raises its quarterly payout to $0.14, marking a 16.7% increase from the previous $0.12 dividend. Shore Bancshares announced a 16.7% increase in its quarterly dividend to $0.14 per share, up from $0.12. The move reflects the company’s confidence in sustained earnings g
Information technology now represents over 33% of S&P 500 capital expenditures as companies ramp up AI infrastructure investments. The information technology sector’s share of S&P 500 capital expenditures has reached a record high, exceeding one-third of total spending. Th
Insider trading probe targets prediction platforms The U.S. House Oversight Committee has launched an investigation into Kalshi and Polymarket over potential insider trading. The committee is concerned that government insiders could profit from non-public informati
Natuzzi has until July 6, 2027, to meet NYSE continued listing standards after falling short on market cap and shareholders' equity. Natuzzi (NTZ) announced the NYSE has accepted its plan to regain compliance with continued listing standards by May 20. The company was flag
A senior U.S. official highlights efforts to expand American AI solutions in Asia following high-level trade meetings and tech CEO visits. The U.S. is intensifying efforts to promote American AI technology across Asia, a senior State Department official said, as competitio
US equities edge higher after President Trump tweets about a potential stock market milestone ahead of the weekend. US stock futures climbed early Friday after President Trump tweeted about a "new stock market record," with Dow futures up 0.3%. The index closed 0.4% below
Lixiang Education regains Nasdaq compliance after its ADS closing bid price held at or above $1.00 for 10 days. Lixiang Education (LXEH) has regained compliance with Nasdaq’s minimum bid price requirement. The company’s American Depositary Shares (ADS) closed at or above $
The British pound strengthens against most currencies despite fiscal concerns, trading near 1.3420 versus the US dollar. The British pound (GBP) advanced against most major currencies during Friday’s European trading session but edged lower to around 1.3420 against the US
The Japanese Yen approaches 160 per USD, a level widely seen as a potential trigger for official intervention to curb further depreciation. The Japanese Yen (JPY) extended its decline against the US Dollar (USD) on Friday, trading above 159.00 and nearing the critical 160
The British pound rises versus major currencies but dips slightly to 1.3420 USD amid growing worries over UK public finances. The British pound (GBP) strengthened against most major currencies on Friday but edged lower to near 1.3420 against the US dollar (USD) in European
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