News
Consumer Staples Companies Face Decline After Strong Jobs Report Raises Concerns
Consumer staples companies are experiencing a decline after a strong jobs report, leading to concerns about potential interest rate hikes. The S&P 500 Consumer...
Optimistic Outlook: Buy the Dip
Head of U.S. equity strategy at Societe Generale, Manish Kabra, offers an optimistic view on the S&P 500, expecting improved profit cycles and potential gains.
Pandora Sets New Financial Targets
Pandora plans to enhance brand desirability, expand store network, and focus on sustainability while setting ambitious growth targets.
Pershing X: Revolutionizing Wealth Management through Technology
BNY Mellon's Pershing X unit partners with Integrity Marketing Group to launch Wove, an innovative platform combining software applications for effective wealth...
General Motors Secures $6 Billion Credit Agreement Amidst UAW Strike
GM secures a $6 billion credit agreement amidst the UAW strike. Quarterly results will be reported soon. Ford and Stellantis also affected by the strike.
U.S. Stocks Open Higher Than Expected
Investors experience slight improvement in U.S. stocks despite weaker-than-expected job growth, with DJIA, SPX, and COMP showing positive gains.
Tesco Upgrades Guidance on Retail Earnings
Tesco has upgraded its guidance on retail earnings, expecting £2.6-£2.7 billion profit by 2024. The company attributes this growth to cost reductions, easing in...
United Airlines Expands Fleet with Additional Aircraft Orders
United Airlines has placed an order for 110 new aircrafts from Airbus and Boeing, reflecting its optimism in future growth and increasing travel demand. The ord...
Layoffs Due to UAW Strike
Approximately 500 autoworkers from Ford and GM have been laid off as UAW strike continues, impacting stock market, production, and workers.
Technology Companies' Shares Rise as Traders Rotate Towards Mega-Cap Companies
Traders are shifting focus towards mega-cap tech companies, raising concerns about the overall market's stability. Microsoft CEO accuses Google of using unfair...