Samsung Electronics Co. is facing investor frustration due to its declining competitiveness in the AI and chip market. The company's leadership has apologized and pledged bold moves to regain its lost ground, including adjusting its supply chain, pursuing strategic acquisitions, and investing heavily in research and development.
Cathie Wood, founder of Ark Invest, predicts most meme coins will become worthless due to their lack of inherent value and warns investors of potential "fearsome declines." Despite her earlier optimism about the Trump meme coin, Wood emphasizes her firm's focus on established cryptocurrencies like Bitcoin, Ethereum, and Solana.
Canadian convenience store giant Couche-Tard remains determined to acquire Seven & i Holdings, the operator of Japan's top convenience store chain, 7-Eleven, despite the rejection of its initial offer. Couche-Tard emphasizes its desire for a friendly transaction and believes the merger would benefit 7-Eleven's business, while Seven & i Holdings remains focused on boosting its own value and addressing antitrust concerns.
Artisan Partners, a U.S. investor in Seven & i Holdings, opposes the retailer's CEO succession plan and urges engagement with Couche-Tard's $47 billion takeover offer to maximize shareholder value. The activist investor also plans to vote against the new CEO and other board members at the upcoming annual general meeting.
A study published in the journal Antioxidants has revealed that luteolin, a natural compound found in celery, broccoli, and other plants, can effectively prevent black hair from turning gray in mice. This groundbreaking discovery has sparked excitement among researchers, who believe it could pave the way for the development of novel topical and oral treatments for humans struggling with hair graying.