Today, economic nationalism is a worldwide phenomenon that affects big market players like Apple, Starbucks, Tesla, McDonald’s, and Domino’s Pizza, to mention a few. These companies have benefited from free trade and access to international markets and customers. Western firms now operate where geopolitics is increasingly involved in trade, investment, and corporate presence. According to…
Tuesday saw a decline in US markets as mood was affected by worries about trade tensions and economic growth, with the S&P 500 on track for its fourth consecutive day of losses. The apprehensive tone was mirrored in the equity markets, as market leader Nvidia saw a 3 percent decline, and the Nasdaq Composite sank…
With the advent of the artificial intelligence (AI) age, semiconductor behemoth Nvidia (NVDA) has experienced extraordinary sales and earnings growth. Increased demand for AI computing and the company’s sophisticated GPU solutions have resulted in considerable financial growth. CEO Jensen Huang’s long-term vision and willingness to take measured risks put Nvidia at the forefront of artificial…
Hims Hers Health (NYSE: HIMS) posted a fourth-quarter EPS of $0.11, $0.06 lower than the market expectation of $0.17. Revenue for the quarter was $481.1 million, compared to a consensus expectation of $469.33 million. Hims Hers Health expects Q1 2025 sales of $ 520.00M-$540.00M, compared to the analyst average of $482.50M. Hims Hers Health expects…
Nike (NKE 0.04%) shares were up 5% at noon ET Monday, according to data from S&P Global Market Intelligence. The rise is due to investment firm Jeffries boosting its price objective for the business to $115 per share, a 46% increase over its current price. Nike is running it back: Nike’s stock plummeted 55% from…
Tata Investment Corporation Ltd’s shares rose 10.33 percent on Tuesday, reaching a high of Rs 6,343.80. Today’s massive jump in share price occurred when Tata Capital authorized a proposal to go public. The board of Tata Capital has approved the company’s plans to undertake an initial public offering (IPO). The non-banking financial corporation (NBFC) will…
Tempus AI, Inc., a technology company pioneering the use of AI to promote precision medicine and patient care, announced its financial results for the quarter and year ending December 31, 2024. Year-over-year sales growth increased to 35.8% in the fourth quarter of 2024. In the fourth quarter of 2024, gross profit growth surged to 49.7%,…
On Monday, Zoom Communications reported lower-than-expected revenue for the first quarter and the entire year as the firm navigates a landscape where employers rapidly abandon hybrid work patterns. At US$79.40, the company’s shares were down 2% during extended trading. Although Zoom’s user base and subscriptions proliferated during the pandemic-induced lockdowns, there are questions about whether…
Following hints that Apple would soon include Google’s Gemini AI into its Apple Intelligence capabilities, Alphabet shares increased by 2%. According to reports, this advancement might improve Siri’s functionality by sending queries to ChatGPT and providing more relevant answers. During WWDC24, Apple software chief Craig Federighi alluded to the potential expansion of Siri’s AI capabilities,…
Following the real estate investment firm’s agreement to be acquired by Apollo Global Management (APO) for $1.5 billion, Bridge Investment Group Holdings’ (BRDG) stock shot up 35% on Monday. Apollo to Provide Real Estate Firm Bridge Investment Group for $1.5 Billion: Apollo Global Management has revealed intentions to purchase Bridge Investment Group Holdings Inc. for…