Vivek Sharma

US Census June Retail Sales Data Released, Its Impact on Nasdaq, S&P 500, and Dow?

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US Census June Retail Sales Data Released, Its Impact on Nasdaq, S&P 500, and Dow

US Market News: The US Census Bureau released the June 2024 retail and food services sales data on Tuesday, July 16th, 2024. US Census data showed a slight decline of 0.2% compared to May. However, excluding automobile sales, retail sales actually increased by 0.2%, suggesting that consumer spending remains resilient despite rising interest rates and Read more: US Census June Retail Sales Data Released, Its Impact on Nasdaq, S&P 500, and Dow?..

General Motors backs away from its 1 million EV sales target till 2025

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General Motors backs away from its one million EV sales target

General Motors (GM) announced that it will not meet its target of producing one million electric vehicles (EVs) in North America by the end of 2025. Mary Barra, CEO General Motors cited a slower-than-expected development of the EV market as the reason for the delay. He acknowledged that the EV market is developing more slowly Read more: General Motors backs away from its 1 million EV sales target till 2025..

reAlpha Tech acquires AiChat Singapore-based company

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reAlpha Tech acquires AiChat Singapore-based company

reAlpha Tech Corp. (Nasdaq: AIRE), a real estate technology company, has recently acquired 85% of the outstanding equity in AiChat Pte. Ltd.,  a Singapore-based company that develops AI-powered conversational customer experience solutions. The acquisition is expected to enhance reAlpha’s AI capabilities and expand its presence in the Asia-Pacific region. reAlpha Tech acquires AiChat Key Points: Read more: reAlpha Tech acquires AiChat Singapore-based company..