Latest Updates Around The World
Tesla Inc (NASDAQ: TSLA) And SpaceX CEO Elon Musk is the richest person in the world by a significant margin. While some other billionaires have seen their wealth shrink by 2026, Musk is winning. Here’s how its net worth stacks up compared to the auto sector. Elon Musk’s net worth will increase in 2026 Musk’s […]
After a long period of technology-dominated megacap leadership, the market has entered 2026 on less stable ground. SP 500 (NYSE:SPY) is breakeven for the year, while the Magnificent 7 shares average a negative 7.3% return. Rising AI investments are creating jitters among investors and raising questions about future margins, even as industry giants like Amazon […]
Analyst Michael Feniger maintained a buy rating and raised the price forecast from $735 to $825. Increasing customers’ capital expenditure The analyst notes that the announcement by a major turbine customer (The Williams Companies) of substantial capital expenditure increases for 2026 is expected to significantly strengthen Caterpillar’s business prospects. These strategic spends are expected to […]
CVS Health Corp. (NYSE:CVS) reported revenue of $105.69 billion, beating Tuesday’s consensus of $103.59 billion. Adjusted earnings of $1.09 per share also beat analyst expectations of 99 cents, down from $1.19 last year. CVS Health reaffirmed its fiscal 2026 adjusted earnings forecast of $7.00-$7.20 per share, compared to the Street consensus of $7.17. The company […]
TotalEnergies SE (NYSE:TTE) Shares are trading higher on Wednesday after the company reported fourth-quarter 2025 results. Details The French energy giant posted adjusted earnings of $1.73 per share, missing the consensus estimate of $1.78. Sales for the quarter came came in at $50.62 billion, above expectations of $33.94 billion. Adjusted net income fell 15% year-on-year […]
BP plc (NYSE:BP) Share prices fell on Tuesday after the energy group halted share buybacks to prioritize reducing debt. This signaled a sharper balance sheet reset, even as quarterly profits narrowly exceeded expectations and revenues fell short of forecasts. Details The energy company posted adjusted earnings of 60 cents per U.S. depository share, slightly higher […]
CVS Health Inc. (NYSE:CVS) said Thursday it is taking additional steps to reduce prescription drug costs by expanding access to biosimilar medications, and announced new formulation changes that will take effect in 2026. Beginning April 1, 2026, CVS Caremark will add the osteoporosis biosimilars Ospomyv and Stoboclo, along with the generic teriparatide products Bonsity and […]
Pacific Union (NYSE: UNP) and Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Shares are rising on Wednesday after the companies struck a deal for the largest investment in locomotive modernization in the history of the rail industry. The companies struck a deal for $1.2 billion to modernize the railroad’s AC4400 locomotives. Details This agreement, signed in […]
Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose in extended trading Tuesday after the company released its second-quarter earnings report, beating Wall Street estimates on the top and bottom lines. Here you will find the key figures for the quarter. The details: Super Micro Computer reported quarterly earnings of 69 cents per share, beating analysts’ consensus […]
Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM are reportedly in talks to provide a financial lifeline to save the bankrupt auto parts supplier First brand group. The potential deal involves the automakers making upfront payments for the products they will receive. This would provide First Brands with much-needed cash to continue operations. The […]
