News
AMC Entertainment Surprises with Q2 Profit
AMC Entertainment Holdings reports a profitable Q2, exceeding expectations with a lineup of summer blockbusters. Optimistic outlook for the theater industry.
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Carvana Expects Strong Profits
Carvana's stock price rose after it announced higher-than-expected gross profit per unit and adjusted earnings. The company attributes this to strong execution and increased car loans sold.
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Technology Stocks Witness Decline Amid AI Correction
The technology stocks' decline amidst the ongoing AI correction highlights the market's need for realistic assessment of valuations and expectations. Investors are eagerly awaiting Nvidia's earnings report.
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Signs of Life in the Personal Computer Market
The personal computer market, hit by a sales slump, sees a glimmer of hope with an upswing in sales for Acer and Asus.
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U.S. Supplier Prices Rise in July
U.S. supplier prices rose by 0.3% in July, driven by higher meat prices and wholesalers' margins. Find out more about the trends and implications of this increase.
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FBD Holdings Reports Growth in Profit for H1 2023
FBD Holdings, an Irish insurance company, sees a significant increase in profit for H1 2023 driven by insurance revenue growth and improved investment returns. The company achieved a pretax profit of €39.5 million, up from €2.5 million in the same period last year.
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Asian Stock Markets Decline as U.S. Inflation Rises
Asian stock markets decline on U.S. inflation rise. Traders hopeful for controlled inflation and no more interest rate hikes. Wall Street sees modest gains. U.S. inflation rate for July slightly higher than previous month.
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News Corp Reports Loss in Fiscal Fourth Quarter
News Corp reports a loss of $8 million in Q4, with adjusted per-share earnings surpassing expectations. Revenue declined by 9%.
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Walt Disney's ESPN Strikes Exclusive Deal with Penn Entertainment for ESPN Bet
Penn Entertainment secures exclusive rights to ESPN Bet in a deal with Disney's ESPN, sparking both optimism and concerns among analysts.
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Bob Iger's Challenge in Turning Around Walt Disney Co.
Bob Iger faces the challenging task of turning around Walt Disney Co. and revitalizing the streaming business. Analysts have mixed reviews on Disney's streaming developments and the potential disruptions ahead.
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