Columbus, OH

Dialog Axiata’s long-awaited acquisition of Airtel Lanka was finally closed, following the completion of a share sale transaction. In a filing, Dialog explained it acquired 100 per cent of the issued shares in Bharti Airtel Lanka via a share swap. Axiata Group now owns 73.8 per cent of Dialog, Bharti Airtel holds a 10.4 per cent stake and the remaining shares are held by the public.

Dialog finalises buyout of Airtel Lanka

TheStreet

This electric-vehicle maker has struggled to turn hype and potential into sales.

Struggling Tesla rival misses payment, faces Chapter 11 bankruptcy

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Apple isn't just about the iPhone -- it has growing positions in multiple areas of technology. The tech giant has a highly profitable services business and is investing heavily in AI. Meanwhile, the stock is looking like a bargain compared to its competitors. This company could be one of the...

The Ultimate Growth Stock to Buy With $10,000 Right Now

The Motley Fool

Wall Street's most-chosen consumer brand has navigated its way through 10 stock splits and one stock dividend since its initial public offering (IPO) in 1919.

If You Bought 1 Share of Coca-Cola at Its IPO, Here's How Many Shares You'd Own Now

Among stock-split stocks Nvidia, Walmart, Chipotle Mexican Grill, Lam Research, Sony Group, Amphenol, and Cintas, there's one phenomenal bargain that's hiding in plain sight.

7 High-Flying Stocks Have Split in 2024 -- But This Is the Only Stock-Split Stock Worth Buying Right Now

The Nasdaq Composite Index has jumped 18% year to date.

Cathie Wood sells $13 million of a struggling tech stock

So far, tech giants like Nvidia have captured most of the value created by artificial intelligence (AI). Past technological revolutions have shown that picking the long-term winners and losers in the AI race won't be easy. Buying the right exchange-traded fund (ETF) is a great option for most investors. This...

Nvidia, Apple, and Microsoft Could Help This Stock-Split ETF Turn $200,000 Into $1 Million

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Semiconductor stocks Nvidia and Arm led the Nasdaq-100 higher during the first half of 2024, but Wall Street is less optimistic about their prospects in the second half. Nvidia is the market leader in data center GPUs and AI chips, and the company has burgeoning side businesses in CPUs, networking equipment, and software.

2 AI Semiconductor Stocks Surged 150% and 122% in the First Half of 2024. Wall Street Says 1 Could Crash in the Second Half

These stocks have jumped impressively following their latest earnings reports, and they could soar higher thanks to AI.

2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP increased by 2.7% year-over-year, recording the strongest growth in the past 18 months. This marks a positive outlook for the country’s economy, as the economists’ predictions for growth were 2.5%. However, certain areas of concern remain, including inflation which has calmed down compared to its peak earlier this year. However, it still was at 3.1% in April. The Monetary Authority of Singapore (MAS) expects moderate inflation throughout the year, averaging between 2.5% and 3.5%. The MTI has maintained the country’s GDP growth forecast for 2024 at 1-3%. As of 2024, Singapore has a GDP of $525.3 billion as reported by the IMF.

The Wealthiest Person in Singapore

This week, Apple finally added support for Rich Communication Services (RCS) to Messages as part of the second developer beta of iOS 18. Until now, iPhone users could only send SMS or MMS messages from the Messages app to people who didn’t have an Apple device. Now you can share high-quality images and get read receipts and typing indicators while messaging with Android users — but text bubbles are still green.

Apple finally supports RCS in iOS 18 update

Alibaba stock is very inexpensive, especially when taking into account its large cash position. The company generates a lot of cash which it is using to buy back shares and reinvest in its businesses. The company looks well-positioned to see a turnaround in its business later this fiscal year. David...

Billionaire David Tepper's Portfolio Is Loaded With "Magnificent Seven" Stocks, But His Top Holding Is This Chinese Stock. Is Now a Great Opportunity to Buy This Beaten-down Stock?

Mobile phones purchased from a carrier are generally locked to that carrier until either the contract is up or the phone is paid off. But despite improvements to the process over the years (unlocking was flat-out illegal not long ago), it still isn’t quite clear to all consumers when and how they can unlock their phone and take it to the carrier (or country) of their choice.

FCC rule would make carriers unlock all phones after 60 days

Demand for AI applications has lifted Palantir's revenue growth. An ample potential market opportunity could drive growth for years. A high starting valuation and a small revenue base make a trillion-dollar valuation challenging. The stock's 300% run since 2023 has investors thinking big about the future. Software company Palantir Technologies...

Will Palantir Technologies Be a Trillion-Dollar Stock by 2030?

Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in!. Oh wait, before I do that, one housekeeping item: We will not have a newsletter next week due to the July 4 holiday. See ya July 11!

VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

The Supreme Court announced Friday morning that it had ruled 6-3 (you know who voted how) to overturn Chevron v. Natural Resources Defense Council, a case from 1984 that established a very important doctrine in federal regulation. Federal law is by necessity broad, applying as it does across so many...

Forget the debate, the Supreme Court just declared open season on regulators

XRP’s price looked set to hit $0.46 after the number of realized profits increased. Downswing could continue if traction on the network continues to fall. Over the last 24 hours, XRP hit its highest levels of daily on-chain transaction volumes in profit, since 26 May. This was evident from the ratio of transactions in volume to loss.

XRP price prediction – $0.50 again over the next week or…

From huge stores of customers’ personal information getting scraped, stolen and posted online, to reams of medical data covering most people in the United States getting stolen, the worst data breaches of 2024 to date have already surpassed at least 1 billion stolen records and rising. These breaches not only affect the individuals whose data was irretrievably exposed, but also embolden the criminals who profit from their malicious cyberattacks.

The biggest data breaches in 2024: 1B stolen records and rising

NewsBreak

Reliance Jio kicks off Indian telecom price hike

Jio’s revised pricing structure, effective July 3, sees its entry-level Rs 155 ($1.87) plan, offering 2GB of data and unlimited calls, increase to Rs 189. Similarly,...

Reliance Jio kicks off Indian telecom price hike

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