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Stocks

“Arm stock surges 24% over IPO price after Nasdaq debut”

September 15, 2023

“British chipmaker Arm (ARM) debuted on the public markets on Thursday, opening at $56.10 on the Nasdaq in afternoon trading. Arm’s shares jumped 10% right as trading began and climbed over 20% to above $61 in the first 30 minutes… Continue Reading…

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Business, Stocks

“Coca-Cola earnings beat estimates, fueled by price hikes and higher demand”

April 24, 2023

“Coca-Cola on Monday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by price hikes and higher demand for its drinks. Shares of the company rose 1% in premarket trading. Here’s what the company reported compared with what Wall… Continue Reading…

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Real Estate

“Home sales spike 14.5% in February as the median price drops for the first time in over a decade…”

March 21, 2023

“Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of 4.58 million units. It was the first monthly… Continue Reading…

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Economy

“Egg prices increased 70% over the last year—here’s why”

March 3, 2023

“Grocery costs increased dramatically over the last year, but nothing beats the price of eggs, which have grown by 70.1%, according to the latest data from the Bureau of Labor Statistics… To offset inflation, the deli has added a 50-cent surcharge… Continue Reading…

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Business, Stocks

“Shopify stock falls nearly 7% as forecast disappoints amid escalating Amazon rivalry, price increases”

February 16, 2023

“…In their forecast, Shopify executives guided for revenue to grow “in the high-teen percentages” in the fiscal first quarter, while not providing a forecast for any profit metric nor for the full year. Analysts on average were projecting first-quarter revenue… Continue Reading…

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Business

“Nestle plans price hikes after inflation eats into profits”

February 16, 2023

“The world’s biggest food group Nestle will raise prices further this year, Chief Executive Mark Schneider said on Thursday, after more expensive ingredients contributed to full-year net profit missing analyst expectations…. The maker of Nescafe instant coffee and KitKat chocolate… Continue Reading…

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Economy, Energy

“America is running out of diesel fuel. Here’s why it matters to consumers”

October 31, 2022

“While gasoline prices have moderated since hitting their record high in June, the price of diesel fuel has stubbornly remained above $5 a gallon. AAA’s daily fuel price survey puts the national average price at $5.30 a gallon, 43 cents… Continue Reading…

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Business

“Elon Musk says Tesla will hike the price of FSD driver assistance software by 25% in September”

August 22, 2022

“Tesla CEO Elon Musk on Sunday announced a 25% price increase for the company’s premium driver assistance system, which is marketed under the name Full Self-Driving, or FSD. The price will increase to $15,000 from $12,000 on Sept. 5, Musk said in a… Continue Reading…

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Economy

“Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit”

August 10, 2022

“Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, prices were… Continue Reading…

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Economy

“Overnight 20% Price Jump Supercharges Argentine Inflation Crisis”

July 8, 2022

“The night before a political bombshell had dropped: the economy minister, Martin Guzman, had suddenly resigned. And Argentines, long accustomed to financial chaos, knew the current crisis was about to get a lot worse. So before the peso could plunge… Continue Reading…

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