Yahoo Finance Indexes Mixed As Meta Crashes On Earnings; Tesla Jumps On Musk's 'Cheap Car' Target
The Dow Jones and other indexes tried to keep the rally going early Wednesday. Tesla soared after CEO Musk signaled an entry into new markets soon.
The Dow Jones and other indexes tried to keep the rally going early Wednesday. Tesla soared after CEO Musk signaled an entry into new markets soon.
(Bloomberg) -- In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defe
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
Regis Corporation (NYSE:RGS) Q3 2024 Earnings Call Transcript May 1, 2024 Regis Corporation beats earnings expectations. Reported EPS is $-0.99573, expectations were $-1.28. RGS isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Biz McShane: Good morning, and thank you for joining […]
In this article, we will discuss the 20 Best Korean Skincare Products of 2024. You can skip our detailed analysis of the global K-beauty products market, the Korean skincare industry’s approach to sustainability, and recent developments in the beauty industry by going directly to the 5 Best Korean Skincare Products of 2024. The Global K-beauty […]
Warren Buffett will take center stage at Berkshire Hathaway's annual meeting on Saturday, as shareholders descend on to watch the famed investor as well as his expected successor. The meeting is the 60th for Buffett, 93, since he took over Berkshire in 1965. “It's just fun to be a part of it,” said Jeff Farmer, a 59-year-old public safety worker from Omaha, at an exhibit hall where Berkshire wares were for sale on Friday.
TPG RE Finance Trust, Inc. (NYSE:TRTX) Q1 2024 Earnings Call Transcript May 1, 2024 TPG RE Finance Trust, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen, and thank you for standing by. Welcome to […]
Key Insights Given the large stake in the stock by institutions, Austin Engineering's stock price might be vulnerable...
Peloton is struggling, as it is laying off 15 percent of its workforce. The CEO is also stepping down.
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye, F/m Investments Senior Portfolio Manager Don Nesbitt shares his stock that could fly and which could face turbulence in the aerospace industry. Nesbitt likes Northrop Grumman (NOC) for its "consistent earnings and sales growth." He also says the company has a strong order backlog and uses free cash flow to return cash to shareholders. He also thinks it has an attractive valuation. Nesbitt cautions, however, that the company risks facing an over-reliance on US government contracts. Nesbitt is less of a fan of Boeing (BA). His first concern, which is a short-term one, is the uncertainty surrounding who will be leading the company after CEO Dave Calhoun steps down at the end of the year. Nesbitt also points to the debt downgrade from Moody's and the lack of a dividend. What could reverse his thesis? Investors shrugging off some of the more near-term concerns or that the leadership shake-up serves as a positive catalyst. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Andrew Irvine said NAB 'wouldn't hold anything back' if the Reserve Bank of Australia delivered a rate cut.
Commenting on the figures, Finance Minister Mehmet Simsek said April's month-on-month inflation, which was 3.18%, was in line with expectations. According to the Turkish Statistical Institute, the biggest annual consumer price rise was in education, for which prices rose 103.86%, followed by restaurants and hotels at 95.82%. The central bank has hiked rates by 3,650 basis points since June including a 500 basis-point rise in March due to deterioration in the inflation outlook.
(Bloomberg) -- Australian Retirement Trust, the country’s second largest pension fund, plans to stop directly investing in most thermal coal companies as it targets net zero across its portfolio. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions VP Picks Before Wealthy D
The surge of artificial intelligence has buoyed markets with some stocks taking a very strong lead. Indeed, the global AI market size was estimated at a shocking $196.63 billion in 2023 and is...
* S. Korean won up 0.9% * Taiwan stocks up 0.7% * Thai April headline CPI +0.19% yr/yr By Echha Jain May 3 (Reuters) - Asian emerging market currencies and equities rallied on Friday after the U.S. Federal Reserve indicated it was keeping a dovish tilt, ahead of U.S. nonfarm payrolls data due later in the day. The South Korean won was the biggest gainer in the region, appreciating 0.9% against the greenback. Among equities, Taiwan stocks rose 0.7% to be the top gainer in the region, while Malaysia stocks added 0.3%.
Universal Music Group on Thursday reported first-quarter earnings that comfortably beat expectations, helped by the record-breaking success of its star act Taylor Swift. UMG executive were also upbeat about the label's new deal with TikTok, also announced on Thursday, which settled a dispute over artist pay and helped address wider artificial intelligence concerns in the industry. UMG, the world's biggest music label, posted adjusted core earnings (EBITDA) of 591 million euros ($632.6 million), up 15.9% year-on-year and above the 567 million euros expected by analysts in a Visible Alpha consensus shared by the company.
(Bloomberg) -- Two of BHP Group’s biggest rivals are sitting on the sidelines for the moment as they watch to see how a takeover offer for Anglo American Plc will play out.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackG-7 Eyes Plan on US-Led $50 Billion Aid Package for UkraineEven the World’s Most-Envied Retirement Plan Is Falling ShortB
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
(Bloomberg) -- Apple Inc. surprised investors with a decent beat on quarterly revenue from China, countering months of data that showed a quickening decline in iPhone sales.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackG-7 Eyes Plan on US-Led $50 Billion Aid Package for UkraineEven the World’s Most-Envied Retirement Plan Is Falling Short
UMG executive were also upbeat about the label's new deal with TikTok, also announced on Thursday, which settled a dispute over artist pay and helped address wider artificial intelligence concerns in the industry. UMG, the world's biggest music label, posted adjusted core earnings (EBITDA) of 591 million euros ($632.6 million), up 15.9% year-on-year and above the 567 million euros expected by analysts in a Visible Alpha consensus shared by the company. The commercial success of Swift has boosted the group's earnings through royalties from streaming, album sales and concert tickets.
Money saving expert Nicole Pedersen-McKinnon reveals the three things you need to be aware of.