Tesla General Motors and Ford Motor all reported earnings. The Beijing Auto Show had some electric-vehicle-battery bombshells for investors to digest. Starting with earnings, Tesla generated $1.2 billion in operating profit in the first quarter, or about $3,000 per vehicle sold.
Philip Lowe warned the fight against inflation 'isn't done' yet.
He owes it to one woman.
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
Not all hybrid cars are created equal. While some models offer excellent fuel efficiency, reliability and performance, others fall short. With so many options, it can be tough to separate the good...
Once they retire, many seniors change their spending patterns quite a bit. There's nothing inherently wrong with this, as long as they remain within their retirement budget. See: The 4 Types of Bank...
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
Profit for Melbourne-listed lender's retail division, one of the biggest profit generators for ANZ, plunged 25% during the first half to A$794 million as high-interest rates and a competitive home loan market weighed it down. ANZ is the latest Australian bank to announce a share buyback. Larger rivals National Australia Bank and Westpac announced their own share buybacks earlier this month.
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump Media & Technology Group said in a filing with the SEC on Monday that it had switched to Semple, Marchal & Cooper on Saturday. The change was recommended and approved by the company's audit committee.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Key Insights Using the 2 Stage Free Cash Flow to Equity, BlueScope Steel fair value estimate is AU$36.31 BlueScope...
In this article, we will take a detailed look at Jim Cramer Says “Hang On To Stocks” and Recommends 10 Stocks to Buy. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Jim Cramer Says “Hang On To Stocks” and Recommends 5 Stocks. Cramer Thanks Powell for “All-Clear” Sign […]
During Berkshire Hathaway's (BRK-A, BRK-B) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm is closely monitoring. Yahoo Finance's Seana Smith breaks down three key takeaways from the meeting. Buffett was bullish on Apple (AAPL), claiming that the tech giant will likely remain the top holding by the end of the year. However, the CEO expressed serious concern about artificial intelligence, comparing it to the development of a nuclear weapon and stressing some of the dangers the technology poses. The investment firm also announced it no longer has a stake in Paramount (PARA), and Buffett took responsibility for the investment that lost the company "quite a bit of money." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report.
Key Insights Given the large stake in the stock by institutions, Fugro's stock price might be vulnerable to their...
(Bloomberg) -- For the first time in nearly a generation, fixed income is living up to its name.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls Far ShortAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Truce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackThis, at a certain level, is simply the consequence of benchmark rates
Sometimes having a sibling with a brilliant business mind can pay off very well. Sometimes those gains come with significant risk. Check Out: 10 Valuable Stocks That Could Be the Next Apple or Amazon...
The board of RTX Corporation ( NYSE:RTX ) has announced that it will be increasing its dividend by 6.8% on the 13th of...
Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.
That could bump the cost up another $2,000
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