Santos Reports Strong Finish to 2023
Santos, the oil and gas company, announced that its fourth-quarter production saw a modest increase compared to the prior quarter, marking a strong end to 2023. However, it highlighted the…
Rising Rents Leave Record Number of Renters Struggling
A recent report by the Joint Center for Housing Studies of Harvard University has shed light on the alarming increase in rental costs over the past few years, leading to…
Asia-Pacific Stocks Show Mixed Performance
Asia-Pacific stocks experienced mixed performance on Thursday, Jan. 25, with Hong Kong's shares leading the gains for the third consecutive session. Hong Kong The Hang Seng Index (HK:HSI) of Hong…
Snam Increases Investment in Energy Transition Initiatives
Snam, the prominent Italian gas grid operator, has unveiled its new strategic plan for 2023-2027, outlining a substantial increase in spending on energy transition businesses and infrastructure. The company plans…
Dow Inc. Reports Fourth Quarter Results
Dow Inc., a leading chemicals company, announced on Thursday that it has experienced a net loss of $105 million, equivalent to 15 cents per share, in the fourth quarter. This…
The European Central Bank’s Decision on Interest Rates
By Brian Swint The European Central Bank (ECB) has announced that it will be leaving interest rates unchanged for the time being. This decision comes as both the U.S. Federal…
CME Group Stock Outperforms Market in 2023
CME Group, the operator of financial-derivatives exchanges including the Chicago Mercantile Exchange and Chicago Board of Trade, demonstrated strong performance in 2023. Its stock experienced a notable 25% gain, surpassing…
European Central Bank’s Confidence Despite Dissatisfaction
European Central Bank President Christine Lagarde addressed concerns and expressed confidence in the institution during a recent press conference. While she carefully avoided discussing potential interest rate cuts, she did…
Demand for AI Chips Soars
Nvidia CEO Jensen Huang recently remarked that the demand for artificial intelligence (AI) chips is on the rise. According to Huang, AI is the "rebirth of the industry," with Taiwan…
The Changing Landscape of Bitcoin: Will Increased Accessibility Impact its Attractiveness?
- By Matt Bauer, Strategist at Ned Davis Research The recent launch of Bitcoin exchange-traded funds (ETFs) in the United States marked a significant milestone for digital assets. These funds…
Bullish Outlook for Ford and GM Shares
On Wednesday evening, Freedom Capital Markets analyst Mike Ward initiated coverage of Ford and GM shares with Buy ratings. While these ratings may not be new, as Ward had previously…
KLA’s Profit Falls in Fiscal Second Quarter
The fiscal second quarter proved challenging for KLA as the company faced a decline in demand. Despite this, the Milpitas, Calif.-based company, known for producing semiconductor industry equipment, recorded a…