Delaware Court Voids Elon Musk’s Lucrative Pay Package
A recent ruling by a Delaware court has declared the pay package of Tesla CEO Elon Musk null and void. This package had granted Musk around 300 million options, contingent…
Alfa Financial Software Holdings Reports Strong Revenue Growth
By Elena Vardon London-based software developer, Alfa Financial Software Holdings, has announced its revenue growth for 2023, which aligns with its expectations. The company anticipates reporting a 9% increase in…
Nasdaq’s Q4 Earnings Report
Nasdaq, the exchange operator, recently released its fourth-quarter earnings report. While revenue saw a positive increase, earnings fell by 25% due to the inclusion of new income and operating costs…
Google’s Fourth-Quarter Results Could Benefit Amazon and Meta
According to Wedbush analyst Dan Ives, Alphabet Inc., the parent company of Google, reported fourth-quarter results that may be positive indicators for Amazon.com Inc. and Meta Platforms Inc., both of…
Republican-run U.S. House to Vote on Bipartisan Tax Bill
The Republican-run U.S. House of Representatives is set to vote on Wednesday for a bipartisan tax bill. The bill includes an expansion of the child tax credit as well as…
Ensysce Biosciences Sees Positive FDA Feedback on Pain Medication Trial
Ensysce Biosciences experienced a surge in shares after receiving feedback from the Food and Drug Administration (FDA) regarding clinical-trial approaches for one of their pain medication products. The San Diego-based…
Ashford Hospitality Trust Plans to Sell Hotels to Pay Off Debt
Shares of Ashford Hospitality Trust surged after the real estate investment trust (REIT) announced its plans to sell a portion of its hotels in order to pay off debt due…
U.S. Crude Oil and Gasoline Inventories Show Mixed Results
According to data released by the U.S. Energy Information Administration (EIA), there was an increase in U.S. crude oil and gasoline inventories last week. However, distillate fuel stocks experienced a…
Dassault Systemes Expects Continued Revenue Growth
Dassault Systemes is anticipating continued revenue growth and improved profitability in the upcoming year after successfully meeting its guidance for the final months of 2023. In the period between October…
Stock Futures Point Higher after Fed Comments
Stock futures are indicating a modest increase on Thursday, following a market downturn prompted by Federal Reserve Chairman Jerome Powell's statement that an interest-rate cut in March is unlikely. Earnings…
Church & Dwight Reports Profit in Q4 and Forecasts Continued Sales Growth for 2024
Church & Dwight, the consumer-products company known for brands like Arm & Hammer, has announced a profitable fourth quarter and has provided a positive sales outlook for 2024. The company's…
Brookfield Renewable Partners Reports Profit in Q4 2020
Brookfield Renewable Partners, a leading renewable power company, announced a profit of $35 million for the final quarter of last year. In comparison, the company had reported a loss of…