Financial News Editor

Coca-Cola recently announced its quarterly earnings, surprising analysts with better-than-expected results. The company's revenue and earnings per share exceeded Wall Street's projections, driven by higher prices that helped offset sluggish demand. Despite this positive...

Good day, this is Yuen May speaking. Welcome to Mapletree Logistics Trust's Second Quarter Results for the Financial Year ending March 2025. I will now pass the floor to Charmaine to begin the presentation.Hello...

Starbucks, the popular coffee chain, recently announced a decline in sales leading to a drop in its stock. The company's preliminary quarterly results showed a 3% decrease in net sales, totaling $9.1 billion. This...

Canadian National Railway Company recently held its Q3 2024 Earnings Conference Call on October 22, 2024, at 4:30 PM ET. The call was attended by key company executives including Tracy Robinson, Derek Taylor, Patrick...

McDonald's, a popular fast-food chain known for its Quarter Pounder burgers, is facing a serious situation as the Centers for Disease Control and Prevention (CDC) has linked an E. coli outbreak to these menu...

Franklin Resources, a global investment management organization, has recently seen the impact of passive money on the New York Stock Exchange-listed company, Franklin Resources Inc. (NYSE: BEN). Analysts have disclosed their beneficial long positions...

Billionaire hedge fund manager Paul Tudor Jones recently expressed his concerns about the current fiscal deficit of the U.S. government and the projected increase in spending by both presidential candidates. Jones warned that if...

General Motors, a Detroit-based automaker, exceeded the expectations of Wall Street in the third quarter, resulting in an increase in key guidance targets for the year 2024. The company's performance in the third quarter...

Gold Price Hits All-Time High of $2,720 - What It MeansThe price of gold has been on a steady rise, hitting an all-time high of $2,720. This marks a 32% increase since the beginning...

Gold prices have reached new highs, with analysts predicting even more records in the future. Sprott Asset Management stated that gold is in a "new bullish phase" due to various factors such as central...

Former President Donald Trump has proposed a tax reform plan that could potentially exempt around 93.2 million Americans from income taxes, according to CNBC's analysis. Trump's plan includes various income tax breaks, such as...

Disney has announced that James Gorman will take over as the new chairman of the company, replacing Mark Parker in January. This move comes as part of the preparation to select a successor for...

Leggett & Platt, a company that specializes in home furnishings, has recently seen a decrease in key financial metrics such as EBIT, EPS, and EBITDA, along with a lower sales guidance. To counter this...

Microsoft is set to roll out new autonomous artificial intelligence agents that businesses can utilize to enhance their operations. At an "AI Tour" event in London, the company announced that organizations will be able...

Perplexity AI, a startup that aims to challenge Google's dominance as an artificial intelligence search engine, is looking to increase its valuation to around $9 billion in its upcoming funding round. This is more...

Pfizer, one of the leading pharmaceutical companies globally, is facing activist challenges that could potentially impact its future. Despite these challenges, analysts are optimistic about the company's prospects.Analysts have disclosed that they do not...

Southwest Airlines and Elliott Investment Management are in the midst of discussions for a possible settlement that could lead to the activist investor having a significant presence on the airline's board. The talks are...

Customers Bancorp, a bank holding company, is listed on the New York Stock Exchange under the ticker symbol CUBI. As a journalist, it's important to evaluate the investment potential of this company for our...

Inflation may have cooled down, but retailers are still facing a holiday season filled with uncertainty. Several factors are at play that will influence consumers' spending habits this season as they shop for gifts...

Blackstone (NYSE:BX) has been making waves in the investment world, dominating the monopoly game with its strategic moves and strong performance. The company has been able to achieve this success through a combination of...

Tech giants like Nvidia, Google, and Microsoft are gearing up to showcase their latest artificial intelligence tools at the upcoming HLTH conference in Las Vegas. This conference is expected to draw over 12,000 industry...

Knowing when to sell or trim investments is a crucial aspect of maximizing retirement income. Reallocating capital from overperforming sectors to those with future upside potential is key to maintaining a balanced portfolio and...

John Curtis, a Republican congressman from Utah, has gained significant support from the crypto industry in his campaign for the Senate seat held by Mitt Romney. At a recent event in Salt Lake City,...

NIO stock saw a significant surge recently as Beijing showed its support for the company. This news has investors buzzing and wondering what it could mean for the future of the electric vehicle manufacturer.It's...

The Federal Reserve is coming close to meeting its inflation target, but the issue of high prices on goods and services still remains a significant concern for individuals, businesses, and policymakers across the U.S....

Investing in dividend stocks can be a great way to build wealth over time. With the current market conditions presenting some opportunities to buy top dividend stocks at a discount, it's important to pay...

The Port of Los Angeles is facing record-high freight rail delays due to an influx of holiday and everyday items. With recent increases in imports at West Coast ports, driven by diversions from East...

Western Digital Corporation (NASDAQ: WDC) is a leading data storage company that has been making waves in the tech industry. With a focus on innovation and cutting-edge technology, Western Digital has positioned itself as...

Good day, everyone. Thank you for joining the OceanFirst Financial Corp. Third Quarter '24 Earnings Release Conference Call. My name is Breeka, and I will be leading the discussion today. During the presentation, all...

Netflix's stock price surged by 11% after the company reported better-than-expected earnings for the third quarter. The co-founder of Netflix, Reed Hastings, was pleased with the results, which showed earnings per share of $5.40...

Good morning, everyone. Today, we are here to discuss Alpine Income Property Trust's third-quarter 2024 earnings call. John Albright, the President and CEO of the company, started off by thanking everyone for joining the...

Stellantis, the multinational automaker, has recently announced its decision to close and sell its large vehicle proving grounds in Arizona by the end of this year. The move is part of the company's ongoing...

Geely, a Chinese automotive company, has seen significant growth over the past three years. This growth is evident in their stock performance on the OTCMKTS market under the ticker symbol GELYF.Analysts have disclosed that...

CVS Health Corporation made a significant announcement on Friday, appointing David Joyner as the new CEO of the company. Joyner, who previously served as the executive vice president and president of pharmacy services at...

ManpowerGroup, a global leader in workforce solutions, recently released its third-quarter results. The company reported solid numbers, but analysts are not feeling a sense of urgency to invest in the stock.In the third quarter,...