Tag: budget travel

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Tesla Safety Agency Faces Job Cuts Amid Government Efficiency Drive

Tesla, NHTSA Clash Over Safety Cuts

Apollo, Irradiant Merger Creates CLO Manager With $38 Billion

Apollo Global Management's Redding Ridge Asset Management to Acquire Irradiant Partners, boosting its CLO assets to $38 billion.

Europe's Defense Industry Surges as Continent Rethinks Reliance on US

Europe's defense spending surge amid US uncertainty fuels investor interest in defense stocks. The STOXX Europe Total Market Aerospace & Defense index has reached an all-time high, with companies like Rheinmetall, Thales, and Leonardo seeing significant gains. Investors anticipate increased revenues as European countries ramp up military spending to enhance their security.

Walmart Outlook Disappoints, Stocks Tumble

U.S. stocks fall after Walmart gives disappointing sales outlook for 2019. The Dow dropped 450 points and the S&P 500 fell 0.4%.

Enviri (NVRI) Q4 Earnings Miss Revenue Estimates, Posts Wider Loss

Enviri (NYSE:NVRI) reports $558.7 million in Q4 revenue, missing estimates. Non-GAAP loss per share of $0.04 beats consensus but is still above expectations. Adjusted EBITDA of $70.2 million misses estimates.

Amazon Web Services Partners with Memorial Sloan Kettering to Advance Cancer Research

Amazon Web Services partners with Memorial Sloan Kettering to advance AI in cancer research and treatment.

Goldman Raises China Stock Price Target, Sees AI Boosting Earnings

Goldman Sachs raises its price target for Chinese stocks due to AI adoption, predicting up to $200 billion in inflows and robust earnings growth.

Asia Share Markets Stall Amid Dollar Weakness

Asian share markets cautiously optimistic, while dollar under pressure after weak U.S. retail sales raise expectations of rate cuts and geopolitical tensions remain in focus.

Big Tech's China Problem

Big tech stocks have long enjoyed high valuations, but the Trump trade war is adding new risks that could impact earnings and stock prices.

Saudi Crown Prince at Heart of Trump's Ukraine and Middle East Plans

Saudi Arabia's Crown Prince Mohammed bin Salman is at the center of US President Donald Trump's initiatives to end the Ukraine war and upend the Middle East order, hosting a potential Trump-Putin summit and navigating a controversial Gaza plan.