Record-Breaking Sales for Battery-Electric Vehicles in the U.S.
In the second quarter of the year, the U.S. auto industry witnessed impressive growth, particularly in the battery-electric-vehicle (EV) sector. Americans purchased a remarkable 295,255 battery-electric vehicles during this period,...
Read moreRevenue Error Impacts Oncimmune Holdings Shares
Shares of Oncimmune Holdings experienced a decline on Friday following the company's announcement of an accounting error that affected its fiscal year 2022 revenue. However, despite this setback, the error...
Read moreEQT Reports Strong Performance in First Half of Year
Stockholm, July 30, 2022 - EQT, the Swedish private-equity company, announced on Friday that its funds had invested a staggering 10.6 billion euros ($11.9 billion) in the first half of...
Read moreTrain Strike Disrupts Travel Across Italy
ROME — Commuters and tourists faced significant disruptions due to a major train strike across Italy on a scorching Thursday. The strike, which was initially planned for two days, was...
Read moreConsumer Companies Surge on Strong Earnings and Economic Outlook
Consumer companies have recently experienced a significant rise in their stocks, attributed to robust earnings and promising indications regarding inflation and interest rates. This positive trend is expected to set...
Read moreThe Rise and Fall of Celsius Network: A Cautionary Tale
If there was any doubt that regulators are concerned about possible market manipulation in the cryptocurrency industry, recent charges against crypto lender Celsius Network have put those doubts to rest....
Read moreMGP Ingredients to Close Kansas Distillery
MGP Ingredients has recently announced that it will be closing its distillery located in Atchison, Kansas by January 2024. This closure is part of the company's strategy to improve profitability...
Read moreGreenX Metals Raises £2.1 Million for Exploration Projects in Greenland
GreenX Metals, a London, Australian, and Warsaw-listed exploration and development company, announced on Thursday that it has successfully raised £2.1 million ($2.7 million) through a share placing. The funds will...
Read moreJPMorgan to Appeal $2.5 Million Arbitration Award in Defamation Case
JPMorgan Securities is planning to appeal a $2.5 million arbitration award granted to a former advisor who accused the firm of defaming him. The allegations were made in relation to...
Read moreThreads: Surging Ahead in the Microblogging World
Meta's microblogging app, Threads, has had an impressive start that could potentially surpass Twitter's audience and maintain its position at the top. Last week, Meta Platforms (ticker: META), the parent...
Read moreOil’s Decline and Potential Reversal
Since reaching a high of $139 in March 2022, Brent crude has experienced a significant decline, losing half of its value and currently sitting at $70. However, recent price action...
Read moreThe Small-Cap Russell 2000 Index Achieves “Golden Cross”
The small-cap Russell 2000 index, comprising the smallest 2,000 companies in the broader Russell 3000 by market capitalization, reached an important milestone on Tuesday. Technicians refer to this milestone as...
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