News
The Future of Bank Stocks: A Possible Turnaround
Bank stocks have faced significant challenges due to increasing interest rates and reduced deal activity. However, historical trends suggest a potential for a t...
Outlook for U.S. Economy in 2024
The outlook for the U.S. economy in 2024 appears positive with moderate growth and minimal increase in joblessness. Economists predict a 2.4% increase in real G...
Chinese Flash Memory Chip Maker Files Lawsuit Against Micron Technology
Yangtze Memory Technologies Co. (YMTC) files lawsuit against Micron Technology Inc. for patent infringement, amid Chinese export blacklist and trade tensions.
Vodacom Group Reports Strong Revenue Growth
Vodacom Group reports impressive revenue growth, driven by the acquisition of Vodafone Egypt, contributing to a 35% rise in EBITDA and a 24% increase in net pro...
Banking Stocks Rise as Treasury Yields Retreat
Shares of financial institutions rise as Treasury yields retreat, easing concerns over loan demand and credit tightening impact. Small-cap stock rebound indicat...
Oil Futures Show Slight Increase, but Face Weekly Decline Amid Demand Concerns
Oil futures experienced a slight increase after weekly decline, but concerns over demand outlook persist. Market driven by supply concerns and OPEC meeting for...
Groupon's Rights Offering Amid Challenged Business Conditions
Groupon announces an $80 million rights offering and acknowledges the challenged state of its business. Third-quarter results disappoint with decline in revenue...
Alphabet Inc. Cl A Shares Experience a Minor Decline
Shares of Alphabet Inc. Cl A slip by 1.21% in unfavorable trading session. Stock remains close to its 52-week high.
Mortgage Renewals Pose Significant Risk to Canadian Households
Around 3.5 million Canadian households may face significantly higher loan payments due to mortgage renewals. Rising interest rates are impacting the economy, le...
Wendy's Offers Free Nuggets with Purchase Through the End of the Year
Wendy's is giving away free nuggets with any purchase made through their app every Wednesday until the end of the year. This promotion aims to boost the company...