Outlook for Retail Stocks in 2024
While many households continue to embrace the holiday spirit, the financial world is already looking ahead to the new year. The future of retail stocks remains uncertain, with analysts grappling…
General Motors sues San Francisco over unfair taxes
General Motors, the Detroit-based auto maker, has filed a lawsuit against the city of San Francisco, claiming that it has been unfairly taxed $108 million over the span of seven…
Stock Picks Review: Hits and Misses of 2023
As the year comes to a close, it's time to reflect on the stock picks that shaped the past 12 months. Here, we take a closer look at some notable…
Amazon’s Winning Streak Continues
Shares of Amazon.com Inc. have rebounded this week, putting them on track to end the year with an impressive winning streak. Despite a slight dip over the past few sessions,…
Breaking Barriers: Francoise Bettencourt Meyers and Her Illustrious Fortune
Francoise Bettencourt Meyers, the granddaughter of the founder of the renowned French beauty brand L’Oreal, has achieved an extraordinary milestone by surpassing the $100 billion mark. This unprecedented achievement also…
U-Haul Holding: Dominating the Moving Business
U-Haul Holding stands out among businesses in the do-it-yourself moving industry with its unparalleled competitive position and extensive fleet of trucks operating nationwide. When compared to its competitors such as…
U.S. Bond Yields Rise as Traders Await Key Economic Data
U.S. bond yields experienced an early rise on Tuesday as traders monitored several significant economic indicators set to be released in the coming days. Market Reaction and Catalysts Benchmark bond…
Terran Orbital Receives Payment from Rivada Space Networks
Terran Orbital, the renowned satellite maker, announced that it has received a payment from Rivada Space Networks. This news has led to a significant boost in the company's stock, with…
MicroStrategy Smashes Q1 Earnings Expectations, Riding on the Crypto Rally
MicroStrategy, a prominent business intelligence and software group, has continuously garnered attention as a proxy for Bitcoin due to its extensive holdings in the digital currency. The company's first-quarter earnings…
Limited Impact Expected in New Recall of Infant Formula
The recent recall of infant formula is expected to have a significantly smaller impact compared to the one that caused widespread concern in the U.S. back in 2022. The FDA…
Singapore Manufacturing Sector Shows Continued Growth
Singapore's manufacturing activity continued to expand for the fourth consecutive month in December, indicating strengthening recovery in the sector. According to the Singapore Institute of Purchasing and Materials Management, the…
Xerox Announces Reorganization and Workforce Reductions
Shares of Xerox Holdings Corp. (XRX) dropped 2.4% in premarket trading on Wednesday as the company revealed plans for a reorganization and shift to a business-unit operating model. This new…