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‘It’s as if an atomic bomb fell on Mayotte:’ Widespread destruction after 100-year cyclone pummels French territory

Reports of widespread damage are emerging from Mayotte after a 100-year cyclone ripped across the French archipelago Saturday, inflicting devastation that one resident likened to an atomic bomb, with hundreds and possibly even thousands of feared victims. “We lost everything. The entire hotel is completely destroyed,” Garcia said. “There is nothing left. It’s as if…

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Tech 5: Musk Faces SEC Clash, Broadcom Surges, Google Makes Quantum Chip Breakthrough

Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. Broadcom (NASDAQ:AVGO) became the newest member of the trillion-dollar club, crossing the market cap threshold in early trading on Friday (December 13) after a strong earnings forecast caught attention. Meanwhile, its peer NVIDIA (NASDAQ:NVDA) suffered losses as it prepares…

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Stock Futures Lower after S&P 500 futures ticked down 0.18%

Stock futures are trading slightly lower Monday morning as investors gear up for the final month of 2024. S&P 500 futures slipped 0.18%, alongside declines in Dow Jones Industrial Average futures and Nasdaq 100 futures, which dropped 0.13% and 0.17%, respectively. The market’s focus is shifting to upcoming economic data, particularly reports on manufacturing and…

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S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

Stock futures climbed on Wednesday, driven by strong performances from Salesforce and Marvell Technology, following upbeat quarterly earnings. Futures tied to the Dow Jones Industrial Average rose by 215 points (0.5%), while S&P 500 futures gained 0.3%, and Nasdaq-100 futures advanced by 0.7%. Salesforce surged 12% after reporting fiscal third-quarter revenue that exceeded expectations, showcasing…

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Founder of fashion giant Mango dies in accident

The founder of fashion giant Mango, Isak Andic, died unexpectedly in an accident on Saturday, the company announced in a statement. Andic served as the company’s non-executive Chairman, according to the statement signed by Mango CEO Toni Ruiz. “He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring…

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California couple killed while on holiday in Mexico

A California couple visiting Mexico for the holidays was shot and killed on Wednesday when armed gunmen fired on their vehicle, according to authorities. Their three children, two of whom are minors, were not present during the shooting and are currently with extended family in Angamacutiro, the US official said. The US State Department is…

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