December 30, 2022
“…Reeling from a record $18 trillion wipeout, global stocks must surmount all these hurdles and more if they are to escape a second straight year in the red… With a drop of more than 20% in 2022, the MSCI All-Country… Continue Reading…
December 8, 2022
“The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on… Continue Reading…
December 8, 2022
“Gasoline prices are now cheaper across the U.S. than they were a year ago, and the price per gallon could fall below $3 for most Americans by the end of the year. According to AAA, the national average for a gallon… Continue Reading…
October 18, 2022
“The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money… Around… Continue Reading…
September 26, 2022
“…Dow Jones Industrial Average futures fell 78 points, or 0.3%, off the lows of the morning. S&P 500 futures shed 0.3%. Nasdaq 100 futures lost 0.1%. The British pound dropped to a record low on Monday against the U.S. dollar. Sterling at… Continue Reading…
September 7, 2022
“CVS Health has reached a deal to acquire in-home health-care company Signify Health for about $8 billion, the companies said Monday. CVS said it will pay $30.50 a share in cash for Signify, an acquisition that would build on its growing health-care services.… Continue Reading…
August 25, 2022
“…Here are the most important numbers from the report compared to what analysts were expecting. Revenue: $6.7 billion versus $6.7 billion expected Adj. EPS: $0.51 versus $0.53 expected Data Center: $3.8 billion versus $3.8 billion expected Gaming: $2.0 billion versus $2.0 billion expected Net… Continue Reading…
August 25, 2022
“Shares of Dollar Tree fell Thursday after the company cut its financial outlook for the year, citing its investments in offering more competitive prices at its Family Dollar stores… For the second quarter, Dollar Tree said it earned $1.60 per… Continue Reading…
August 23, 2022
“JD.com beat top and bottom line expectations in the second quarter, but posted its slowest year-on-year revenue growth on record, becoming the latest victim of a Covid-induced economic slowdown [Lockdowns] in China… Here’s how JD.com did in the second quarter, versus… Continue Reading…
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