Tag: business news
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Micron topped lofty earnings expectations. Wall Street sees even more momentum as chipmaker announces a slew of deals
Micron delivered a strong earnings beat on Wednesday in addition to unveiling a slew of new deals that have analysts even more excited about the stock’s future.
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JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie
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Wendy’s shares soar for a second day as retail investors pile into their new meme darling
The stock’s advance appeared largely disconnected from company fundamentals and instead reflected a burst of social-media enthusiasm.
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Bitcoin is having a tough year. Traders are betting it’s going to get worse
Options traders are treating this break like it could be the tip of an iceberg.
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Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Same-store sales growth at Darden’s fine-dining restaurants and Olive Garden fell short of expectations.
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This beverage stock is likely to rise ahead of coffee business spinoff, Barclays says
The investment bank upgraded shares to overweight from equal weight.
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Amazon adds new funding, lifting India AI and cloud investment to $48 billion
Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.
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Defense stocks slide again, as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom
Rheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.
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One of India’s largest gold exporters paid its managing director just $180 a month, investigators say in accounting probe
Indian authorities have found accounting discrepancies in books of Indian gold company Rajesh Exports, and owner of Swiss refiner Valcambi.
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Asian investors look past Trump trade rhetoric to keep investing in U.S., Cantor says
Cantor said that investment flows still have “so much” allocation to the U.S., because investors recognise that the country was still one with a “rule of law.”
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