July 25, 2024
“…Here is how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: The Dallas-based airline said its second-quarter revenue rose 4.5% from last year to $7.35 billion, a record, but its profit dropped more… Continue Reading…
July 25, 2024
“…Real gross domestic product, a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for growth of 2.1% following… Continue Reading…
July 25, 2024
“As Donald Trump accepted the GOP presidential nomination last Thursday, he reminded the megawealthy coterie of oil tycoons backing him why he is their man. “We have more liquid gold under our feet than any other country by far, we are a… Continue Reading…
July 25, 2024
“The world’s richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda. Despite this windfall, taxes on… Continue Reading…
July 25, 2024
“…The stock closed down 12% on Wednesday at $215.99. It’s now down 13% for the year, while the Nasdaq is up 16% over that stretch. Tesla on Tuesday said auto revenue declined 7% from a year earlier to $19.9 billion while margins… Continue Reading…
July 24, 2024
“Nvidia (NASDAQ: NVDA) CEO Jen-Hsun Huang has been selling shares of his company’s stock over the past two months, including 840,000 shares last week worth $59.3 million. The CEO has taken advantage of the stock’s huge rise in share price, which has… Continue Reading…
July 24, 2024
“…But no stock goes straight up forever, and valuation still matters. A correction in the stock was inevitable and finally occurred over the last month. Nvidia shares recently traded as much as 13% below the closing record high set on June 18.… Continue Reading…
July 24, 2024
“…Outstanding government debt stood at $34.9 trillion ($34,940,154,000,000 to be somewhat more precise) as of Tuesday, according to the latest data from the Treasury Department. That’s a debt load that now represents over 120% of GDP. Earlier this year, the cost… Continue Reading…
July 24, 2024
“… …” https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html
July 24, 2024
“…Analysts at Bank of America Securities noted in their July 8 restaurant report that fast food “value wars” remain topical. The investment firm noted that in mid-May McDonald’s said it planned to launch a $5 value meal, beginning June 25 for… Continue Reading…
Recent Comments