The $24 Billion Deal
In the competitive landscape of aviation, Airbus recently landed a substantial order for new jets, a development that surprisingly didn’t bolster its stock. This Tuesday, Cebu Pacific, a Philippine airline, announced its p...
Wall Street’s Verdict
Wall Street's latest ratings on Solventum and GE HealthCare Technologies offer valuable insights into evaluating spinoff companies.
Analyst Ratings
Goldman Sachs analyst David Roman initiated coverage on Solventum, rece...
MGM Resorts Surges in Q1
MGM Resorts International reported a strong first-quarter performance, with adjusted earnings of 74 cents per share, surpassing analysts' expectations of 56 cents per share. Net revenue grew up 13% to $4.4 billion, outp...
Logistics Disruption
The landscape of air cargo logistics is shifting as United Parcel Service (UPS) steps into the role of primary air cargo provider for the United States Postal Service (USPS), marking the end of a longstanding partnership between...
Decrypting Palo Alto's Plunge
Palo Alto Networks (ticker: PANW) witnessed a 6.3% decline in premarket trading, landing at $240.00, as the market grappled with its lower-than-expected billings. While the cybersecurity company attributed this to accom...
Fed's Bold Strategy Shift
For the first time in nearly two years, the Federal Reserve is set to keep its key short-term interest rate unchanged for a second consecutive policy meeting. This reflects a significant shift ...
Tesla's Shocking Q3 Performance
Tesla, a leading electric vehicle (EV) company, faces stock market turbulence as it nears the Q3 2023 earnings report. Despite early September growth, TSLA stock has been consistently volatile, with Q3 deliveries fall...
Brewing Success
On Friday, stock futures are indicating a positive start as Wall Street eagerly anticipates the latest U.S. inflation data, concluding what has been a challenging month for equities this year.
Key highlights for Friday
Nike's stock...
Accenture's Forecast Falls Short
In a recent announcement, IT services firm Accenture projected its full-year earnings and first-quarter revenue below Wall Street's expectations. This forecast signals potential challenges ahead due to the impact of ...
Wall Street Whispers
Stock futures declined on Tuesday, and Treasury yields moved higher as belief grows on Wall Street that the Federal Reserve will likely keep interest rates higher for an extended period.
Ford
Ford announced...
Shifting Sands at Goldman Sachs
Goldman Sachs' organizational landscape is set for a shift next month as John Rogers, a prominent figure within the company, prepares to step down from his role as Chief of Staff. This announcement comes through an in...
Major Stock Moves
Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs r...
After the close of trading
On Friday, the US stock market experienced a fall, with negative dynamics from the financial, industrial, and commodity sectors.
The Dow Jones dropped by 1.07% to reach a three-month low, while the S&P 500 and NASDAQ ...
Rivian in 2022
Rivian's shares are trading at around $19.14, The Street reports. It's worth noting that Rivian is considered a major competitor to Tesla.
Rivian (NASDAQ: RIVN) shares started the year at $103.69. They are currently trading around $1...
Funding from JPMorgan Chase and Co
JPMorgan Chase and Co (NYSE: JPM) CEO James Dimon has told US lawmakers emphatically that his bank has no intention of cutting off oil and gas financing. This was revealed by The Wall Street Journal. US House ...
Apple's earnings
Apple (NASDAQ: AAPL) shares fell on the post-market after its financial report for the first three months of 2022.
However, sales revenues rose and, like earnings, beat Wall Street estimates.
Apple on Thursday reported result...
Nike's report beat forecasts
Shares in Nike (NKE) jumped at the premarket on Tuesday as the company released a better-than-expected holiday quarter report than Wall Street analysts had expected.
As for Nike (NYSE: NKE) shares, they were up 6% at Tu...
Stock indices on Wednesday
US stock futures are trading higher on Wednesday morning in an attempt to recover from a fall in the previous session over worries about Russian President Vladimir Putin's authorisation to send soldiers to eastern Ukraine....
Top banks
JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022.
The latest fin...
Twitter in 2022
Twitter shares (TWTR) have fallen 40% in the last half year and ended 2021 at a low, but in 2022 Wall Street analysts predict a rise of at least 23% and many target Twitter stock prices 56% above the current price.
For Twitter share...
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