Microsoft Nears Reclaiming Title of Most Valuable U.S. Company
Microsoft Corp. is on the verge of surpassing Apple Inc. to become the most valuable company in the United States once again. Currently valued at $2.73 trillion, Microsoft is just…
Challenges in Electric-Vehicle Sales
Electric-vehicle sales are reaching unprecedented levels in the United States and globally. However, while demand is soaring, other economic factors present significant challenges. In a recent report, Adam Jonas, a…
Revenue and Margins on the Rise for Wayfair
The upward trajectory for revenue and margins at Wayfair is still in progress, according to a recent report by Bernstein analysts led by Nikhil Devnani. In their report titled "Sofa,…
Starbucks Faces Challenges in China Market
Starbucks stock faced a decline on Tuesday following TD Cowen's downgrade of the stock. Analyst Andrew Charles expressed concerns about the cafe chain's Chinese operations and their potential challenges. Charles…
Lyft Faces Challenges in the Ride-Hailing Market
Lyft, the popular ride-hailing company, reported its second-quarter earnings with mixed results. Despite narrowing its losses, Lyft's revenue growth fell short compared to its main competitor, Uber. Narrower Losses Lyft's…
Bristol Myers Squibb Faces Challenges in Second Quarter
Shares of Bristol Myers Squibb (BMY) experienced a decline in premarket trading following the company's report of lower-than-expected second-quarter sales and a revision of its financial outlook due to increased…
The Limits of Trickle-Down Economics
In an address to the Economic Club of New York, Lael Brainard, the director of the National Economic Council and President Biden's top economic adviser, expressed her belief that the…