August 27, 2025
“Chinese semiconductor firm Cambricon posted a more than 4,000% surge in revenue and swung to profit in the first half of the year. The numbers underscore how local challengers to Nvidia are gaining traction as Beijing looks to push its… Continue Reading…
August 27, 2025
“Kohl’s shares jumped more than 20% after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations. It also narrowed its full-year sales guidance toward the higher end of its range. The department store has been trying to turn… Continue Reading…
April 15, 2025
“…Citi’s markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain. Equity revenue surged 23%, buoyed by more client activity. Fixed income revenue, a major driver of Citi’s markets business, jumped… Continue Reading…
March 6, 2025
“…The number of high-net worth individuals — or those with assets worth more than $10 million — rose 4.4% worldwide in 2024, to 2,341,378, but jumped 5.2% in North America, according to the annual Wealth Report by global real estate consultancy Knight… Continue Reading…
October 1, 2024
“NIO’s shares in Singapore and Hong Kong surged after a unit of the Chinese electric vehicle maker secured a capital injection…” https://finance.yahoo.com/m/5f41df4f-9a28-32ee-85ac-4f1e41f77a45/nio-shares-jump-after-unit.html News behind paywall. Just know it’s good news for this company.
September 24, 2024
“…The five-year contract, which has a maximum total value of $4.82 billion, will incrementally issue awards as work progresses. Intuitive Machines’ initial NSN award is worth $150 million. Intuitive Machines shares surged more than 40% in afternoon trading from its… Continue Reading…
September 9, 2024
“The U.S. banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation on Thursday identified several lingering areas of concern including commercial real estate and credit cards. …However, it also noted that signs… Continue Reading…
September 4, 2024
“…COMPASS Pathways (CMPS)… Morgan Stanley analyst Vikram Purohit, who covers the stock, sees CMPS as presenting a compelling risk-reward opportunity. He highlights the company’s leading clinical program… To this end, Purohit rates CMPS shares an Overweight (i.e. Buy), and his $23 price… Continue Reading…
August 12, 2024
“Lumen Technologies… shares soared after the telecommunications company said it had secured $5 billion in new deals. And there’s a raft of other positive news that seems to be driving the stock… Lumen shares were up 43% in Wednesday’s premarket. The… Continue Reading…
August 6, 2024
“…Here’s how Apple did versus LSEG consensus estimates for the quarter ended June 29: Apple expects similar overall revenue growth in the current quarter, company finance chief Luca Maestri said on a call with analysts…” https://www.cnbc.com/2024/08/01/apple-aapl-earnings-report-q3-2024.html
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