In the realm of college admissions, the position of Harvard University as the ultimate “dream” school among college applicants has been reestablished. Despite facing challenges and controversies in recent times, Harvard has managed to surpass its competitors and secure the top spot once again. This shift was highlighted in a recent survey conducted by The
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Goldman Sachs recently introduced two new stock baskets based on corporate asset intensity, a metric that measures the ratio of assets to revenues. The asset-light basket, comprised of companies with low asset intensity, has outperformed the high-asset intensity group by 40 percentage points since 2002. This outperformance is attributed to superior return on equity, which
In a historic turn of events, Caitlin Clark has not only shattered records but has rewritten the history books in NCAA Division I basketball. Just two weeks after breaking the record for women’s scoring, she has now taken the top spot as the overall highest scorer in NCAA basketball, surpassing the legendary “Pistol Pete” Maravich.
Recently, Alphabet’s Waymo robotaxi unit received approval from the California Public Utilities Commission to expand its service to parts of Los Angeles and the Bay Area. This decision, which was announced on the regulator’s website, allows Waymo to start offering driverless passenger service in specific areas of Los Angeles and the San Francisco Peninsula. Despite
Six years ago, Elon Musk created a buzz around a next-generation Roadster, promising a revolutionary vehicle that would change the game. Fast forward to today, and we are still waiting for a refreshed version that never came to fruition. Despite the initial hype, Musk is once again making bold claims about a new Roadster that
Zoom’s shares surged by 13% in extended trading following the announcement of its fiscal fourth-quarter results, which exceeded analysts’ expectations. The company reported earnings per share of $1.22, adjusted, compared to the expected $1.15, and revenue of $1.15 billion, surpassing the anticipated $1.13 billion. Despite this positive outcome, the revenue only saw a marginal increase
In recent weeks, the stock market has seen a surge in activity, with Warren Buffett’s Berkshire Hathaway reaching a 52-week high. This rise in stock value, combined with a significant 17% year-to-date increase, has undoubtedly caught the attention of many investors. However, despite this upward trend, there are concerns that a pullback may be on
The U.S. military is currently keeping a close eye on an unidentified balloon that is flying at high altitudes over the west. This “small” balloon is hovering between 43,000 to 45,000 feet and has caught the attention of both U.S. officials and a defense official. Despite its unusual presence, the balloon does not seem to
Nvidia’s recent surge of over 14% following a strong fiscal fourth-quarter earnings report has propelled the S & P 500 to a fresh record high. The impressive performance of the AI chipmaker, with a 265% increase in revenue and a staggering 769% rise in net income year over year, has significantly contributed to the positive
The recent plummet of Palo Alto Networks shares by 28% has sent shockwaves through the cybersecurity industry. This sharp decline followed the company’s decision to slash its full-year revenue outlook, marking it as the worst trading session since its initial public offering in 2012. Despite a remarkable doubling in stock value in 2023, the company’s