Latest Updates Around The World
On Thursday, Intel Corp (NASDAQ:INTC) executives detailed how the company plans to leverage its improved cash position and liquidity following major investments from the Donald Trump administration, Nvidia Corp (NASDAQ:NVDA), SoftBank Group (OTC:SFTBF) (OTC:SFTBY) and others. Intel focuses first on reducing debt During Intel’s third quarter earnings call, Executive VP and CFO David Zinsner explained […]
The market’s reaction to early corporate earnings this quarter was unusual, revealing an interesting disconnect between financial performance and investor reaction. Traditionally, when companies exceed earnings per share expectations, their stock prices tend to rise. Yet this earnings cycle tells a different story. Read next: Latest Beyond Meat short-seller? Martin Shkreli, of course Companies that […]
US stocks traded higher towards the end of trading, with the Nasdaq Composite gaining 1% on Thursday. The Dow Jones rose 0.40% to 46,774.97, while the NASDAQ rose 1.00% to 22,968.42. The S&P 500 also rose, gaining 0.72% to 6,747.32. Check this out: The top two utility stocks you might want to dump this quarter […]
IMAX Corp (NYSE:IMAX) shares rose Thursday after it reported third-quarter financial results. Here are the highlights. The details: IMAX reported quarterly adjusted earnings per share of 47 cents, destroying analysts’ consensus estimate of 38 cents. Quarterly revenue totaled $106.65 million, up 17% year over year and surpassing analyst consensus estimates of $105.16 million. Also read: […]
Nokia Corporation (NYSE:NOK) shares rose about 10% on both the US (NYSE) and Helsinki (HEL) stock exchanges, following an earnings beat in the third quarter of fiscal 2025. Details The company reported net sales growth of 12% year-on-year (Y/Y) to 4.82 billion euros ($5.65 billion), surpassing analysts’ consensus estimate. by $5.38 billion. The growth was […]
iBio Inc. (NASDAQ:IBIO) is trading up 11.51% to $1.55 during Thursday’s pre-market session. View the current price of IBIO shares here. IBIO closed Wednesday’s regular session at $1.39, up 25.23%, according to Benzinga Pro facts. Company announces conference presentations The San Diego-based biotech announced Tuesday that its executives will present data on its obesity treatment […]
President Donald Trump warned that the U.S. economy would face significant challenges if the Supreme Court rules against most of the tariffs imposed this year. Trump underlines the revenue and leverage of tariffs Trump, in an interview with Maria Bartiromo on ‘Sunday Morning Futures’ highlighted the importance of tariffs for both revenues and diplomatic clout. […]
While the stock market continues to rise and indexes continue to set records, this year hasn’t exactly been a smooth ride with the roller coaster of tariff and trade wars, interest rate uncertainty, geopolitical tensions and more. Despite all the noise, investors remain tense and alert. And yet, when you ask financial advisors how things […]
It was an eventful week in the business and political world. Here’s a quick look at the top stories you may have missed. Trump’s ‘Liberation Day’ tariffs are counterproductive, the silence in China speaks volumes Nobel Prize-winning economist Paul Krugman has warned that the “Liberation Day” tariffs were imposed by the former president Donald Trump […]
The future of America’s baby boomers is under threat, warns the author of ‘Rich Dad, Poor Dad’ Robert Kiyosaki. In a post on X last week, Kiyosaki predicted a looming homelessness crisis among this generation, attributing the looming problem to Federal Reserve policies. Kiyosaki was a baby boomer himself and believed that the Federal Reserve’s […]
