Germany's Economy Contracts in Q4 2023
Germany's economy experienced a contraction in the final quarter of 2023, narrowly avoiding a recession. The decline can be attributed to low global demand and high inflation, which have continued to impact the country's economic performanc...
Speedy Hire Expects Full-Year Profits to Miss Expectations
Speedy Hire expects lower full-year profits due to market weaknesses and delays in contract mobilization, but remains focused on long-term growth.
Lucid Stock Soars, But Why?
Lucid stock experienced a remarkable surge, but the cause remains unclear. Possible reasons include a short squeeze and recent production challenges. Investors should exercise caution.
WillScot Mobile Mini Holdings to Acquire McGrath RentCorp in $3.8 Billion Deal
WillScot Mobile Mini Holdings will acquire McGrath RentCorp in a $3.8 billion deal, with anticipated benefits and positive stock performance.
The World's Largest Cruise Ship Sets Sail
Royal Caribbean's Icon of the Seas, the largest cruise ship ever built, embarks on its maiden voyage, offering a diverse range of experiences for up to 7,600 passengers.
Richtech Robotics Shares Experience Significant Drop
Richtech Robotics, a prominent robotics company, faces a significant drop in shares but hopes to rebound with AI advancements and partnership opportunities.
Tesla Stock Recovers Slightly After Brutal Selloff
Tesla stock bounces back after a significant decline, analysts adjust price targets and earnings estimates, recalls have minimal impact on automakers' stock prices.
Bitcoin and Cryptocurrencies Remain Depressed, but Key Catalyst Looms
Bitcoin and cryptocurrencies are facing low prices, but a significant monetary policy decision from the Federal Reserve could be a game-changer for the market. Volatility remains subdued, but investors are eagerly awaiting the outcome.
IBM: Underappreciated AI Player
Industry analysts believe that investors are overlooking IBM's potential in the field of artificial intelligence (AI), despite the company's improved cash profile and better-than-expected fourth-quarter profit. Bank of America analysts and...
Special-Purpose Acquisition Companies (SPACs) Facing New Rules
The U.S. SEC is set to vote on new rules for SPACs, providing legal protections similar to traditional IPOs. Despite declining interest, some SPACs are still making headlines.