Posts with tag: Blogging
Sir Jim Ratcliffe is set to make another 100 members of staff redundant at Manchester United, taking his total cull to 350 since assuming control at Old Trafford. United have lost £300 million in the past three years and a looming new round of job cuts is said to have left the rank and file feeling they are paying the price for mistakes at executive level.
Published on: February 11, 2025, 09:00 PM UTC
Bank of America forecasts record net interest income by 2025 due to growth in consumer banking.
Published on: February 11, 2025, 08:04 PM UTC
Tesla shares have tumbled 30% since mid-December, creating a potential trading opportunity for investors looking to buy put spreads. Despite the recent rout, Tesla shares are still the most expensive next to expected profits among mega-cap technology firms, suggesting further room for a potential downside.
Published on: February 11, 2025, 08:01 PM UTC
Meta Platforms leads rally in Magnificent Seven despite AI spending fears weighing on sentiment.
Published on: February 11, 2025, 12:03 PM UTC
Aviva's £3.6bn takeover of Direct Line will see banks, lawyers and advisers share a £120m payday. Direct Line shareholders will vote on the merger on March 10th.
Published on: February 10, 2025, 03:00 PM UTC
Bill Gates' memoir reveals his early bond with Steve Ballmer, the social connector, confidant, and business partner who boosted Microsoft's success.
Published on: February 09, 2025, 11:00 AM UTC
Doximity (DOCS) stock jumped 37.6% after Q4 revenue beat estimates, driven by strong platform engagement and AI tool growth.
Published on: February 07, 2025, 08:01 PM UTC
Amazon has surpassed Walmart in revenue, but retail remains its biggest earner. The cloud business provides growth, but it's still dwarfed by the simple retail business of selling stuff.
Published on: February 07, 2025, 05:03 PM UTC
China's antitrust investigations into Apple, Google, Intel, and Nvidia are the latest salvo in the trade war between the U.S. and China. Apple is getting squeezed on both sides, with the U.S. tariffs on Chinese goods and China's antitrust investigation into its App Store practices. Intel is particularly vulnerable, as China accounts for the bulk of its revenue. Google does very little business in China, but Nvidia is under pressure from both China and the U.S. over its AI chips.
Published on: February 07, 2025, 04:00 PM UTC
Apple supplier Skyworks drops 25% on news Apple is sourcing chips from a competitor, believed to be Broadcom. The move reduces Skyworks' demand from Apple by 20-25%, potentially impacting its revenue by $600 million in 2025.
Published on: February 07, 2025, 12:03 PM UTC