Gold Futures Decline Amid Economic Concerns
Gold futures experienced a second consecutive decrease on Tuesday due to disappointing economic data from China, a credit rating warning for U.S. banks, and weak corporate earnings. As a result,...
Read moreSage Therapeutics Evaluates Resource Allocation and Potential Cuts Following FDA Setback
Sage Therapeutics, in collaboration with partner Biogen, has experienced a setback in their efforts to secure U.S. Food and Drug Administration (FDA) approval for their depression drug Zurzuvae in major...
Read moreSalesforce’s Price Increase Could Backfire
Salesforce, the leading provider of cloud-based customer-relationship management software, recently announced a price increase of approximately 9% across all its offerings. This marks the company's first price hike in seven...
Read moreUPS to Report Second-Quarter Earnings
When United Parcel Service releases its second-quarter earnings on Tuesday morning, investors will be closely monitoring costs and assessing the state of the economy. Of particular significance is the recent...
Read moreCryptocurrency Market Update
The cryptocurrency market experienced mixed results during morning trading on Monday. While most large cryptocurrencies saw a decline, there were a few exceptions. Declining Cryptocurrencies Among the decliners, Ripple XRPUSD...
Read moreBioNTech Revenue Falls Short of Expectations in Q2
Shares of BioNTech, the German company that partnered with Pfizer to develop a Covid-19 vaccine, saw a decline in early trading on Monday following weaker-than-expected second-quarter revenue. Revenue Misses Estimates...
Read moreImpala Platinum Expects Lower Earnings in FY 2023
Corrections & Amplifications This flash was corrected at 0810 GMT to fix the FY year. It is 2023, not 2022. By Anthony O. Goriainoff Impala Platinum Holdings announced that it...
Read moreU.S. Stock Market Sees Declining Profit Margins, but Tech Sector Holding Up Well
The profit margins of companies in the U.S. stock market have been consistently shrinking over the past two years, with one exception. According to DataTrek Research, the information-technology sector is...
Read moreDeutsche Bank’s Q2 Earnings Decline due to Increased Costs and Loan Loss Provisions
Deutsche Bank, the German lender, announced a decrease in its second-quarter earnings due to increased costs and provisions for loan losses. Despite this, the bank's total revenue increased by 11%...
Read moreEFG International Reports Higher Net Profit for H1 2023
Shares in EFG International saw an increase on Wednesday following the company's announcement of a higher net profit for the first half of 2023. The Swiss private bank revealed a...
Read moreHeineken Reports Strong Results for H1 2023
Heineken, the renowned beverage company, announced its impressive financial results for the first half of 2023. Here are the key details: Net Revenue Forecast Revenue for the period surged to...
Read moreHotel Stocks Present an Opportunity as Consumer Demands Shift
Despite changing consumer demands in the travel industry, there is still a strong desire to spend on travel experiences. This presents an opportunity for investors in hotel stocks, according to...
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