Check out the companies making headlines in midday trading. Broadcom – Shares of the chipmaker surged around 12% after the company beat earnings and revenue estimates for the fiscal second quarter and announced a 10-for-1 stock split. Adjusted earnings per share came in at $10.96 and revenue was $12.49 billion. Analysts polled by LSEG expected […]
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I’ll review the current market views on fossil fuels, combustible engines and electric vehicles. There may be a trading opportunity to bet on a bounce in auto stocks using options. Geologist M. King Hubbert developed the “peak oil” theory in the 1950s. Hubbert predicted that for any given geographical area, the rate of petroleum production […]
House buyers are putting off purchasing a new home until the Bank of England cuts interest rates, evidence suggests. UK housebuilder Crest Nicholson was forced to issue a profit warning after it said sales momentum had softened since Easter due to volatile mortgage rates as well as buyers now expecting borrowing costs to drop later […]
Getty images Wizz’s departures from UK airports were an average of 31 minutes and 36 seconds behind schedule last year Wizz Air has been named the worst airline for UK flight delays for the third year in a row. The carrier’s departures from UK airports were an average of 31 minutes and 36 seconds behind […]
9 hours ago By Dave Harvey, Business and environment correspondent, BBC Points West BBC Sharon Cove wants action to help young people to get on the housing ladder Housing and rental prices are key issues for voters at the general election – and one that several have got in contact with us about. Bristol, for example, is […]
This week on How Success Happens, I spoke with Kwamane Liddell, the founder behind ThriveLink, a platform that uses AI to help families access programs like health insurance, food stamps and utility assistance. Having started his career in healthcare as a nurse, Liddell’s unique insights into the needs of underserved communities inspired him to create […]
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back. The producer price index, a gauge of prices that producers get for their goods and services in the open market, declined 0.2% for the month, the Labor Department’s Bureau of Labor Statistics reported Thusday. That reversed […]
The new Tesla Model 3+ is on sale at a Tesla store in Hangzhou, Zhejiang province, China, September 26, 2023. Costfoto | Nurphoto | Getty Images Tesla on Thursday said it will likely increase the Europe prices of its Model 3 vehicle from July 1 after the European Union said it could impose provisional higher […]
Aerial view of a fire during a protest outside the National Congress in Buenos Aires on June 12, 2024. Tomas Cuesta | Afp | Getty Images Argentina’s Senate narrowly passed President Javier Milei’s sweeping economic reform bill, delivering a tentative legislative victory to the right-wing leader even as protesters clashed with riot police. Lawmakers in […]
