Biden's Trip to Saudi Is Good for Oil Market: McMonigle
Joseph McMonigle, secretary general of the International Energy Forum, says President Joe Biden's trip to Saudi Arabia is good for global oil markets. He speaks to Bloomberg's Annmarie Hordern.
How far off is A. O. Smith Corporation ( NYSE:AOS ) from its intrinsic value? Using the most recent financial data...
Good evening, everybody; good morning for people in Asia, and thank you for joining us for Agora's second quarter 2022 earnings conference call. Joining me today are Tony Zhao, our founder, chairman, and CEO; Jingbo Wang, our CFO.
Videogaming company Unity Software on Monday rejected AppLovin’s $17.54 billion takeover offer and said it would move ahead with its merger with ironSource an Israeli software company that helps mobile developers scale their apps. App marketing services company AppLovin (ticker: APP) had proposed to buy Unity Software earlier this month. According to AppLovin, the combined company could have generated more than $3 billion in run-rate adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization, by the end of 2024. Comparatively, Unity (U) and ironSource (IS) are expected to generate a run rate of $1 billion in adjusted Ebitda, during the same period, Unity’s recent press release states.
Tysons low-code software company Appian Corp. (NASDAQ: APPN) is not letting fears of a recession slow down its hiring plans. Appian just opened a product development center in Chennai, India, and is hiring across the company, CEO Matt Calkins told the Washington Business Journal. “What we’re really preparing for is to win the recession — if there is one,” Calkins said, while declining to go into detail about the new products the company is working on.
Consumer prices at grocery stores and restaurants increased 13.1% and 7.6%, respectively, year-over-year in July—the biggest inflationary gap between grocery stores and restaurants since the 1970s.
Today's Research Daily features new research reports on 12 major stocks, including The Walt Disney Company (DIS), The TJX Companies, Inc. (TJX), and Canadian Pacific Railway Limited (CP).
EBR, CRI, and APAM have been added to the Zacks Rank #5 (Strong Sell) List on August 15, 2022.
In this article, we discuss 10 best EV materials stocks to buy now. If you want to read about some more EV materials stocks to buy now, go directly to 5 Best EV Materials Stocks to Buy Now. The electric vehicle industry has been battling with multiple challenges in the past few months. A post-pandemic […]
What happened Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) surged higher today after the company reported second-quarter results that beat analysts' top-line consensus estimate. The fintech stock was up by 12.
Yahoo Finance's Brian Cheung and Akiko Fujita discuss meme stock moves in intraday trading on Tuesday.
In this article, we discuss the 10 stocks that Jim Cramer recommends selling in August. If you want to read about some more stocks that Jim Cramer recommends selling, go directly to Jim Cramer Recommends Selling These 5 Stocks in August. Jim Cramer, the former hedge fund manager and present host of Mad Money on […]
The investor, who successfully bet against the U.S. mortgage market before the 2008 financial crisis, has just made a huge gamble.
Tech billionaire is listing his oceanfront estate in North Palm Beach, Fla., for $145 million, just over a year after purchasing it for $80 million. The move comes two months after the Oracle co-founder bought an even larger estate in the nearby Manalapan area for $173 million from Internet entrepreneur Jim Clark, according to property records and a person familiar with the situation. A spokesperson for Mr. Ellison couldn’t be reached for comment.
In this article, we discuss 10 copper stocks to buy now as recession fears recede. If you want to see more stocks in this selection, click 5 Copper Stocks to Buy Now as Recession Fears Recede. Copper prices reached their highest level in more than five weeks on August 10, after data reflected U.S. inflation […]
The Dow Jones Industrial Average (DJIA) is among the oldest stock market averages in the world. The index comprises 30 large-cap American companies, stocks like Walmart, American Express, and Microsoft. Although the index is a fairly narrow measure of the U.S. stock market, it is often cited by media organizations to track market sentiment owing to its longevity and prominence.
Yahoo Finance Live anchors discuss second-quarter earnings for Walmart.
(Bloomberg) -- 3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedThese Six Ci
Among Amazon, Shopify, and Tesla stands one company that's simply never been cheaper and is begging to be bought.
Markets fell into bear territory through the first half of the year – but we saw a summer rebound in July that has stabilized this month. Both the S&P 500 and the NASDAQ indexes have climbed back out of their bear markets, and investor sentiment, at least for now, is positive. However, at least some of the market experts are taking a much more guarded view of current conditions. Looking into the history of market downturns, Bank of America strategists see indicators that we haven’t hit bottom ye
(Bloomberg) -- The death of Indian billionaire Rakesh Jhunjhunwala puts a spotlight on the nearly $4 billion worth of stocks held by the famed investor, whose trades were closely followed.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit in Trump Search, Citing ProbeSingapore’s Next Pr