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Category: Industries


Enterprise, Industries

Salesforce stock maintains price target, Outperform rating

May 29, 2024

Via: Investing.com

On Wednesday, Evercore ISI maintained its Outperform rating and $330.00 price target for Salesforce.com (NYSE:CRM), anticipating a positive earnings report. The firm forecasts that the company will likely exceed first-quarter expectations modestly, particularly in subscription revenue, Current Remaining Performance Obligations […]


Enterprise, Industries

Deutsche Bank maintains price target on American Airlines stock

May 29, 2024

Via: Investing.com

On Wednesday, Deutsche Bank kept its Buy rating on American Airlines (NASDAQ:AAL) but noted a significant revision in the company’s financial outlook for the June quarter. The airline now expects a year-over-year unit revenue decline of 5% to 6%, a […]


Industries, Others

Inflation in UK shops now back at ‘normal levels’ – as prices for some items fall

May 28, 2024

Via: Sky News

Overall annual shop price inflation eased to 0.6% in May, down from 0.8% in April, the British Retail Consortium (BRC) and NielsenIQ said. Non-food products remained in deflation – at -0.8% in May – a fall from -0.6% in the […]


Industries, Retail & Wholesale

Retail sales figures suggest bad news for overall economic growth but consumer confidence is up

May 24, 2024

Via: Sky News

The quantity of goods and services bought by households dropped 2.3% in April, according to the Office for National Statistics (ONS). Only a 0.4% fall was predicted by economists polled by news agency Reuters. Retail sales figures are significant as […]


Industries, Others

Grocery inflation at lowest level since October 2021, industry data suggests

May 21, 2024

Via: Sky News

Kantar Worldpanel – which tracks supermarket till prices, sales and market share – said its measure of grocery inflation slowed to 2.4% in the four weeks to 12 May from 3.2% the previous month. The measure showed there is still […]


Enterprise, Industries

Nvidia’s Q1 Earnings: Record Results Driven by AI Chip Dominance?

May 20, 2024

Via: DailyFX

NVIDIA is set to release its Q1 FY25 financial results on May 22, 2024, with expectations of delivering another record revenue and margin. In the previous earnings season, Nvidia stocks surged by nearly 10% on the earnings date. Will the […]


Industries, Retail & Wholesale

Rent up, groceries down: Inflation cooled slightly in April but consumers still face a mixed bag

May 15, 2024

Via: NBC News

The consumer price index, the most-watched inflation measurement put out by the U.S. government, declined slightly to 3.4% on a 12-month basis in April as price growth in the economy remained elevated. Compared with March, prices climbed 0.3%, with rent […]


Energy, Industries

US Crude Oil Hands Back Early Gains As Demand Doubts Resume Control

May 15, 2024

Via: DailyFX

US Crude oil prices failed to hold on to early gains in Europe on Wednesday but the market’s recent range held firm. Energy markets had found support into the open thanks to data released in the previous session showing a […]


Financial Services, Industries

British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions

May 8, 2024

Via: CNBC

British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the cash from new investors including Hedosophia, a backer of top […]


Enterprise, Industries

Energy fuels director buys $10k in company shares

May 7, 2024

Via: Investing.com

Energy Fuels (TSX:EFR) Inc. (NYSEAMERICAN:UUUU), a leading miner in the nonmetallic minerals sector, reported a recent purchase of company shares by one of its directors, Ivy Estabrooke. The transaction, which took place on May 7, 2024, involved the acquisition of […]


Enterprise, Industries

Earnings call: Apple reports solid growth with services hitting record revenue

May 3, 2024

Via: Investing.com

In the latest earnings call, Apple Inc. (NASDAQ:AAPL) announced a significant increase in revenue and earnings per share (EPS) for the second quarter of the fiscal year 2024, with services reaching an all-time high. The company reported $90.8 billion in […]


Energy, Industries

Shell Launches $3.5 Billion Buyback

May 2, 2024

Via: The Wall Street Journal

Shell’s SHEL 2.13%increase; green up pointing triangle first-quarter adjusted earnings fell by less than expected, buoyed by a strong performance by its integrated gas division and kicked off a $3.5 billion share buyback program to close the valuation gap between […]


Industries, Others

Zoopla House Price Index: house prices rise in the north, but slide in the south

April 29, 2024

Via: MoneyWeek

House price inflation remained down against the year in March despite improving consumer sentiment, the latest Zoopla House Prices Index (HPI) has found. Average property prices were 0.2% lower year-on-year, the property listing website reported – a similar fall to […]


Industries, Others

Supermarket price war leads to fall in grocery inflation

April 23, 2024

Via: Sky News

Kantar Worldpanel, which compiles price and sales data from the major chains, noted a 14th consecutive slowing in the annual pace of price rises at the tills in its latest report on the sector. It found that savvy shoppers took […]


Enterprise, Industries

Trump Media shares plunge after company files to issue additional DJT stock

April 15, 2024

Via: NBC News

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for […]


Financial Services, Industries

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income

April 12, 2024

Via: CNBC

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected. Here’s what the company reported compared with estimates from analysts surveyed by LSEG, formerly known as […]


Financial Services, Industries

New York Community Bank’s online arm is paying the nation’s highest interest rate

April 10, 2024

Via: CNBC

New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest interest rate for a savings account. NYCB raised the annual percentage yield offered via its online arm, My Banking Direct, […]


Energy, Industries

Oil Price Update: Israeli Troops Withdraw from the South, Peace Talks Underway

April 8, 2024

Via: DailyFX

Israeli soldiers have been called back from Southern Israel after sparking outrage over the recent aggression that killed seven aid workers. The US sent a particularly strong message that civilians need to be protected and that Israel needs to allow […]


Energy, Industries

Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up

April 5, 2024

Via: DailyFX

OPEC met this week with the organization largely expected to stick to the prior agreement for oil supply in Q2. Numerous officials, who wished to remain unnamed, were cited by Reuters in the lead up to the meeting that took […]


Energy, Industries

Oil price rises after Ukraine attacks major Russian refinery

April 3, 2024

Via: Sky News

The attack on the Taneco facility, in the province of Tatarstan, appears to have been Kyiv’s deepest strike inside Russian territory since the invasion of Ukraine more than two years ago. The strike on Tuesday started a fire which took […]