April 3, 2023
“General Motors said on Monday that its first-quarter U.S. sales rose 18% from a year ago, to just over 600,000 vehicles delivered, as it continued its rebound from the supply chain problems that limited global auto production in 2021 and… Continue Reading…
March 31, 2023
“Electric heavy-truck maker Nikola said that its planned $100 million secondary stock offering, announced on Thursday after U.S. markets closed, has priced at $1.12 per share – 20% below the stock’s closing price of $1.40. Shares fell more than 15%… Continue Reading…
March 30, 2023
“Wall Street bonuses fell 26% to an average $176,700 in 2022 from a record in 2021, according to a report from New York State Comptroller Thomas DiNapoli published on Thursday. A worsening economic environment and stalled deal markets weighed on… Continue Reading…
March 15, 2023
“Timing is everything, especially when it comes to real estate. But finding the perfect time to sell your home — especially if it’s your first time — may be a challenge as the residential real estate market fluctuates. A recent… Continue Reading…
March 8, 2023
“Recession — and layoff — fears loom large over many households. Nearly half of U.S. adults feel the country is already in a recession, a Morning Consult report found. Economists say the chance of a recession in the next 12… Continue Reading…
March 7, 2023
“…”While we see an excellent business in aerospace and potential in Vernova, GE is up ~80% over the past five months vs. 13% for the S&P 500,” JPMorgan analyst Seth Siefman wrote in a client note on Tuesday ahead of… Continue Reading…
February 28, 2023
“Despite higher prices, consumers are still spending, although not as much as a year ago, which is giving their budgets some breathing room. As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according… Continue Reading…
February 23, 2023
“Shares of London-listed aviation manufacturer Rolls-Royce soared Thursday, after the company sharply beat expectations with a 57% year-on-year increase in underlying profit, driven by its civil aerospace and power systems. Its stock was up by 23% at roughly 1:30 p.m.… Continue Reading…
February 23, 2023
“Nvidia shares opened up over 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Analysts are also bullish on the company’s A.I. vision. Nvidia reported $6.05 billion in revenue for the fiscal… Continue Reading…
February 17, 2023
“…Prices continued their upward momentum in January, rising 0.5% for the month and 6.4% over the past 12 months, according to the latest consumer price index data released by the U.S. Bureau of Labor Statistics. To make ends meet, 27% of Americans said… Continue Reading…
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