Tag: adventure

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Kering Q4 Sales Drop 12%, Gucci Struggles

French luxury conglomerate Kering reports 12% decline in 4th quarter sales, driven by Gucci's weakness, with CEO Francois-Henri Pinault seeing signs of stabilization for gradual growth.

Musk, Altman Spar Over $97B OpenAI Buyout Offer

OpenAI CEO Sam Altman has rejected a $97.4 billion offer from a group of investors led by Elon Musk to buy the non-profit company. The offer came as Altman seeks to turn OpenAI into a for-profit business, a move that Musk is suing to prevent. Legal experts say that OpenAI is required to receive fair market value for its assets.

CATL Plans Hong Kong Listing to Raise at Least $5 Billion

Battery giant CATL plans to file for a $5B Hong Kong listing this week, marking one of the city's largest in the past three years.

Metaplanet's Bitcoin Pivot Fuels 4,800% Stock Surge in Japan, Tracking Trump's Agenda

Metaplanet Inc. has soared 4,800% in the past year, leveraging Bitcoin's surge amid a pro-crypto US regulatory environment under Donald Trump. Investors are drawn to the stock's exposure to Bitcoin and its potential growth as a Bitcoin-first strategy hotel developer.

Port Hedland Clearing Vessels as Tropical Low Approaches

Port Hedland iron ore export hub starts clearing vessels amid potential cyclone

Coca-Cola Earnings: Q4 Revenue, EPS, and What to Watch

PepsiCo and Coca-Cola earnings: Here's what Wall Street expects as Coke gains ground on its rival ahead of Q4 report

Coca-Cola Earnings Preview: Street Expects Strong Quarter, 2025 Guidance

Coca-Cola (KO) is expected to beat earnings estimates in its Q4 2022 report, driven by strong demand and a favorable pricing environment. Analysts forecast a 6.71% price/mix increase, partially offset by a slight decline in unit case volume.

Musk's Crusade Against the Federal Reserve

Billionaire Elon Musk calls for increased transparency and accountability of the Federal Reserve, suggesting a full audit and possibly appointing Ron Paul as chair.

US Stocks Rise on Monday as Investors Look Past Trump's Tariff Threats

US stocks rebounded Monday as investors looked beyond President Trump's latest tariff threats, including new levies on steel and aluminum imports. The Dow Jones Industrial Average added nearly 0.4%, while the S&P 500 and Nasdaq Composite rose approximately 0.6% and 1%, respectively, as shares of AI chip giant Nvidia surged 3% along with other tech stocks.

Elon Musk's $97.4 Billion Offer For OpenAI: The Battle for AI Supremacy

Elon Musk's $97.4 billion offer to buy OpenAI, the nonprofit that runs ChatGPT, was rejected by CEO Sam Altman. Altman countered with an offer to buy Twitter for $9.74 billion.