Jobless claims fall to eight-month low, signaling steady labor market
Traders in interest rate futures have increased the probability that Fed policymakers this month will hold the federal funds rate at its current level.
Read MoreAlphabet, Uber downgraded: Wall Street's top analyst calls
Alphabet, Uber downgraded: Wall Street's top analyst calls
Read MoreCosmea Financial gets SEBI nod to expand into mutual fund market
Cosmea Financial Holdings (CFH) has been granted approval by the Securities and Exchange Board of India (Sebi) to sponsor a mutual fund. The firm, which submitted its application in May last year, now has a six-month window to complete the necessary registration formalities as per the Securities and Exchange Board of India (Mutual Funds) Regulations,…
Read MoreTesla stock slides as delivery figures show first-ever annual decline
Tesla set two records in 2024. One of them wasn't good.
Read MoreConsumer stocks 2025: Watch out for discount retailers and fast casual chains, tariffs remain a wild card
Off-price, fast casual, and the used car market may be the biggest consumer wins in 2025.
Read MoreAnother Banner Year for the S&P 500
Will stocks be able to carve out a third impressive yearly performance in 2025?
Read MoreArcos Dorados Renews Franchise Agreement With McDonald's, Stock Gains
Arcos Dorados Holdings Inc. (NYSE:ARCO) saw its shares rise on Thursday following the announcement of a renewed Master Franchise Agreement with McDonald’s Corporation (NYSE:MCD). The new 20-year MFA, effective January 1, replaces the previous agreement and includes an option for renewal at McDonald’s discretion for another 20 years, beginning January 1, 2045. The updated agreement includes a royalty fee structure based on gross sales: 6.0% for the first ten years, 6.25% for the next five years,
Read MoreHow To Earn $500 A Month From Acuity Brands Stock Ahead Of Q1 Earnings
Acuity Brands, Inc. (NYSE:AYI) will release earnings results for its first quarter, before the opening bell on Thursday, Jan. 9. Analysts expect the Atlanta-based company to report quarterly earnings at $3.87 per share, up from $3.72 per share in the year-ago period. Acuity Brands projects to report quarterly revenue at $956.32 million, compared to $934.7 million a year earlier, according to data from Benzinga Pro. With the recent buzz around Acuity Brands, some investors may be eyeing potential
Read MoreUnity Software stock is gaining after Roaring Kitty's cryptic social media post
Despite a lack of any real news, Unity Software (U) is up by 17% in pre-market trading on Thursday. It appears to be a result of the latest tweet from Keith Gill, an investor who also goes by “Roaring Kitty.”
Read MoreWhy Starbucks stock is ripe for a 30% pop and a new era of growth: Analyst
Starbucks stock could come alive as 2025 moves along, one Wall Street restaurant analyst contends.
Read MoreChina’s stock market suffers worst start to the year in a decade
China’s stock market has suffered its worst start to a year in nearly a decade, as investors brace for Donald Trump to impose tariffs on the world’s second-largest economy.
Read MoreAlibaba Leverages Scale and Deep Pockets to Slash AI LLM Prices To Gain Market Share
Alibaba Group Holding (NYSE:BABA) slashed its large language model prices by up to 85%, exhibiting intense domestic rivalry in the AI space. Chinese companies remain engaged in a price war to win market share, prompting Alibaba Cloud to initiate discounts on its visual language model, Qwen-VL, CNBC cites from Alibaba’s WeChat post on Tuesday. In February, the Chinese e-commerce juggernaut announced up to 55% discounts on its core cloud products. Also Read: Trump Administration to Challenge Socia
Read MoreChinese electric vehicles gain market share in Norway
Chinese electric cars have surged to account for almost 10% of new car sales in Norway in only five years, data from the country's road federation (OFV) showed on Thursday. Wealthy Norway is far ahead of most countries in the switch to electric vehicles and unlike the European Union and the United States has not imposed import tariffs on Chinese EVs. Brussels and Washington say Chinese EVs benefit from unfair subsidies, which Beijing denies, and Western automakers have warned they could be hit hard by cheap Chinese imports, although there have been doubts if buyers would adopt unfamiliar brands.
Read MoreThe Paper Packaging Company to foray into US market
The company offers paper cups, bags, food boxes, and other biodegradable solutions.
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