Here are 10 popular stock market top companies news stories this week, from October 17 to 21, 2023:
- Alibaba’s Investments in New Technologies Expected to Pay Off in 2024
Alibaba is investing heavily in new technologies such as cloud computing, artificial intelligence, and logistics automation. These investments are expected to pay off in 2024, as Alibaba benefits from the continued growth of these markets and the synergies between its different businesses.
- Tesla to Release New Model 3 Variant in 2024
Tesla is reportedly planning to release a new variant of its Model 3 electric car in 2024. The new variant is expected to be more affordable than the current Model 3 and to have a longer range.
- Amazon to Launch New Prime Subscription Tier
Amazon is reportedly planning to launch a new Prime subscription tier that will be more expensive than the current Prime subscription but will offer more benefits. The new tier is expected to include features such as free same-day delivery on all items and exclusive discounts.
- Microsoft to Acquire Activision Blizzard for $68.7 Billion
Microsoft has agreed to acquire Activision Blizzard for $68.7 billion in the largest gaming deal in history. The deal is expected to close in 2023 and will give Microsoft a major foothold in the gaming industry.
- Meta to Release New VR Headset in 2024
Meta is reportedly planning to release a new VR headset in 2024. The new headset is expected to be more affordable and comfortable than the current Meta Quest 2 headset.
- Alphabet to Invest $100 Billion in India Over the Next Five Years
Alphabet, Google’s parent company, is planning to invest $100 billion in India over the next five years. The investment will focus on areas such as cloud computing, artificial intelligence, and education.
- Berkshire Hathaway to Acquire Alleghany Corporation for $11.6 Billion
Berkshire Hathaway has agreed to acquire Alleghany Corporation for $11.6 billion. The deal is expected to close in 2023 and will give Berkshire Hathaway a major presence in the insurance industry.
- Tencent to Launch New Metaverse Platform in 2024
Tencent is reportedly planning to launch a new metaverse platform in 2024. The new platform is expected to be similar to Meta’s Horizon Worlds platform and will allow users to interact with each other in a virtual world.
- TSMC to Invest $100 Billion in New Chip Fab in Arizona
TSMC, the world’s largest chipmaker, is planning to invest $100 billion in a new chip fab in Arizona. The new fab is expected to start production in 2024 and will produce chips for a variety of industries, including smartphones, computers, and cars.
- Samsung to Release New Foldable Phone in 2024
Samsung is reportedly planning to release a new foldable phone in 2024. The new phone is expected to have a larger and more durable screen than the current Samsung Galaxy Z Fold 3.
These are just a few of the many popular stock market top companies news stories this week. Investors should stay informed about the latest news and developments in the stock market in order to make informed investment decisions.