News
Illumina Reports Narrowed Loss in Q2
Illumina, a gene-sequencing company, reports a narrower loss in Q2 due to higher sales of NovaSeq X. Revenue increased by 1%. Future revenue is expected to decline.
Read more
China's Troubled Real Estate Market: A Worsening Situation
China's real estate market is currently grappling with deep-rooted challenges that go beyond initial expectations, impacting the overall economy.
Read more
Penn Entertainment Inc. Reports Strong Q2 Earnings Amid ESPN Deal
Penn Entertainment Inc. surpasses profit and revenue expectations in Q2 report, with impressive growth in food, beverage, and hotel sectors. Stock surges after ESPN deal announcement.
Read more
Sony Group Reports 17% Drop in Net Profit for Q1
Sony Group reported a 17% decline in net profit for Q1, but experienced a 33% increase in revenue. The music business saw a 20% growth in operating profit, while the imaging and sensing business faced challenges. The game business had a decline in operating profit.
Read more
Shelter Inflation Expected to Slow Significantly
New research indicates that shelter inflation is anticipated to slow down, bringing benefits to overall inflation levels. Housing market changes suggest a significant easing of pressure from shelter inflation. However, caution is advised due to uncertainty and reliance on pandemic data.
Read more
Proterra Files for Chapter 11 Bankruptcy Protection
Proterra, an electric bus and truck manufacturer, has filed for Chapter 11 bankruptcy but plans to maintain operations and focus on EV battery technology.
Read more
Air Liquide Regulatory News
Air Liquide releases its total number of voting rights declaration for July 2023. Learn about the company's strategic plan, financial performance, and key information.
Read more
Moody's Downgrades Bank Ratings, Stocks Slump
Moody's downgrade of U.S. bank ratings sparks decline in stocks due to potential recession concerns and declining asset quality.
Read more
MyHealthChecked Faces Decline in Revenue Amid Decreased Demand for Covid-19 Test Kits
Health-testing provider MyHealthChecked experiences decline in revenue and shares due to decreased demand for Covid-19 test kits. However, the company remains optimistic with distribution partnerships and new product offerings.
Read more
Musk-Zuckerberg 'Cage Match' on the Horizon
Elon Musk and Mark Zuckerberg engage in a war of words over a potential 'cage match' showdown. Will the fight actually take place?
Read more