News

Flutter Entertainment Reports Q4 Revenue Miss

Flutter Entertainment reveals Q4 revenue fall, but overall earnings remain on track. Group revenue for Q4 20XX increased by 11% to £2.67 billion. U.S. revenue w...

Richemont Reports Increase in Sales for Fiscal Q3

Richemont, the Swiss luxury-goods company, recorded an 8% increase in sales for its fiscal third quarter, exceeding expectations. The jewelry division saw a 12%...

Challenges in the Nickel Industry

The global nickel industry is struggling due to an overabundance of supply, resulting in declining prices. Competition from Indonesian production and the stagna...

Plug Power's Stock Sales Agreement Raises Concerns

Plug Power Inc. has entered into a $1 billion stock sales agreement as its shares continue to plummet. The company's financial situation has worsened with suppl...

Challenges for Lithium Producers as Demand Slows

Lithium producers are facing challenges as demand for electric vehicles slows down, resulting in layoffs and reduced spending. Despite this, Albemarle's stock s...

BP Appoints Murray Auchincloss as CEO

BP appoints Murray Auchincloss as CEO, continuing its shift to becoming an energy giant. The selection process considered internal and external candidates. Auch...

Electriq Power Holdings Faces Delisting from NYSE

Electriq Power Holdings may be delisted from NYSE after failing to meet the required market capitalization. Despite challenges, the company expects positive sal...

Trump's Media Company Acquisition Sends Stock Soaring

Shares of the special-purpose acquisition company (SPAC) set to purchase Donald Trump’s media company experienced a significant surge on Tuesday, reaching a six...

A Pessimistic Outlook on a Potential 2024 Presidential Election Rematch

Ray Dalio warns about a potential 2024 presidential election rematch and advises investors to seek a neutral portfolio. He cautions against relying solely on ca...

Goldman Sachs Reports Strong Fourth Quarter Profit

Goldman Sachs reports $1.87 billion in net income for Q4, exceeding expectations. Revenue sees substantial increase, driven by Asset & Wealth Management and Pla...