News

STMicroelectronics Reports Lower-than-Expected Q4 Revenue despite Gains in Personal Electronics

STMicroelectronics reports lower-than-expected Q4 revenue and gross margin, with a decline in gross profit and net profit. Despite this, full-year results meet...

SciSparc Enters Standby Equity Purchase Agreement

Pharmaceutical company SciSparc has entered a standby equity purchase agreement with YA II PN Ltd. to purchase up to $20 million worth of shares over the next 3...

Chipotle Mexican Grill: Investing in Its Labor Force for 'Burrito Season'

Chipotle plans to hire 19,000 new employees for the upcoming 'burrito season'. The company aims to attract and retain Gen Z workers by offering innovative benef...

X5 Retail Group Reports Sales Growth in Q4 and Full Year

X5 Retail Group reports an increase in sales for Q4 and full year, driven by store expansions and digital business growth. Like-for-like sales rose by 13% in Q4...

Maintaining a Defensive Posture in the U.S. Stock Market

Investors in the U.S. stock market should be cautious and prepared for potential challenges amidst declining earnings and a weakening economy.

U.S. Crude-Oil Inventories Expected to Decline

Survey forecasts decline in U.S. crude-oil inventories, distillate fuels down and gasoline stocks up. Refinery capacity use expected to decrease. Inventory data...

Gatx Reports Strong Q4 Performance and Positive Outlook for 2024

Gatx announces strong Q4 performance, surpassing expectations with impressive financial results and providing a positive outlook for 2024.

EU Launches Investigation into Lufthansa's Acquisition of ITA Airways

The European Union is investigating Lufthansa's acquisition of ITA Airways due to concerns about competition. The deal could impede competition on short-haul an...

European Union Investigates Lufthansa's Acquisition of Stake in ITA Airways

The European Union is investigating Deutsche Lufthansa's acquisition of a minority stake in ITA Airways, which could harm competition on various routes involvin...

TKO Group Holdings Inc. Announces Major Deal with Netflix

Shares of TKO Group Holdings Inc. are soaring after a groundbreaking partnership with Netflix was announced, making WWE's Raw exclusively available on the strea...