Posts with tag: trends
Diamondback Energy to acquire units of Double Eagle in $4.08 billion deal. Diamondback to sell non-core assets to reduce debt, maintain leverage at $6-8 billion.
Published on: February 18, 2025, 12:00 PM UTC
Listen to top company executives, including Mark Zuckerberg, Jeff Bezos, and Sundar Pichai, discuss the potential economic effects of Trump's second term, including its impact on tech, green energy, and insurance.
Published on: February 18, 2025, 11:02 AM UTC
Tesla to Hire in India, Signaling Progress Toward Market Entry
Published on: February 18, 2025, 07:00 AM UTC
The strong US dollar is negatively impacting corporate earnings for companies with significant overseas revenue, including tech giants and consumer brands. Amazon, McDonald's, and Coca-Cola have all issued warnings about the impact of foreign exchange headwinds, while the US Dollar Index has rallied over 7% since September.
Published on: February 17, 2025, 06:00 PM UTC
Low-cost airlines face an uncertain future as costs soar and passengers seek comfort. Despite mergers and cost-cutting efforts, the ultra-low-cost model is eroding, leading to stock underperformance and uncertainty for investors.
Published on: February 17, 2025, 03:02 PM UTC
Morgan Stanley analyst Brian Nowak estimates that two-thirds of Amazon's first-party merchandise cost of goods sold is non-grocery, with 40% exposure to China. The short run effects of a trade war are certainly painful, says Apollo Global Management chief economist Torsten Sløk, and these risks are not priced into the stocks of big tech companies.
Published on: February 17, 2025, 12:03 PM UTC
Japan’s largest non-life insurers sold ¥1.64 trillion ($11B) of cross-held shares in April-December 2023, nearly 90% of their planned ¥1.84T divestitures by March 2025. The sales aim to improve governance and reduce cozy ties, with proceeds used for shareholder returns, acquisitions, and investments
Published on: February 17, 2025, 03:00 AM UTC
JPMorgan CEO Jamie Dimon expresses skepticism about DEI initiatives, while rivals like Goldman Sachs adjust policies amid conservative pressure.
Published on: February 15, 2025, 03:00 PM UTC
NanoViricides Inc. (NNVC) reported a loss of $2 million in its fiscal Q2.
Published on: February 14, 2025, 10:05 PM UTC
Airbnb stock surged over 14% after earnings beat as CEO Brian Chesky outlined plans to transform the vacation home marketplace app into a one-stop shop for all travel and living needs, similar to Amazon.
Published on: February 14, 2025, 07:02 PM UTC