UK Economy Surprises with Growth in Q2 2023
The UK economy exceeded expectations with a 0.2% growth in Q2 2023 despite strikes, bank holiday, and high inflation. Services and industrial sectors witnessed positive growth.
Valuation Metrics and the Importance of Earnings
Learn how earnings play a crucial role in investment decisions and explore different valuation metrics for selecting stocks. Get insights into Li Auto's upgraded target price and why Citi analyst recommends selling XPeng shares. Understand...
Wisk Aero and Archer Aviation Settle Litigation and Form Partnership
Wisk Aero and Archer Aviation have settled their litigation with Boeing and formed a partnership to advance autonomous flight technology. Boeing also invested in Archer to integrate Wisk's technology into upcoming aircraft designs.
Spectrum Brands to Release Fiscal Third-Quarter Results
Spectrum Brands is set to announce its fiscal third-quarter results, with projections for sales, adjusted earnings, and net income. Investors should pay attention to future plans, inventory management, and demand outlook.
U.S. Consumer Prices Rise in July
The U.S. Consumer Price Index rose by 0.2% in July, indicating an increase in inflation after 13 months. Challenges lie ahead for managing the cost of living as gas prices, rent, and labor costs continue to rise.
Grenke Lowers 2024 Guidance Due to Economic Forecasts
Shares of Grenke, the German leasing company, dropped after revising its guidance for 2024 based on economic forecasts. The projected leasing business and net profit ranges have been reduced, leading to potential negative reactions in the s...
The Dangers of Picking Mutual Funds Based on Style Category
Investors often make the mistake of selecting mutual funds based solely on style category, but this approach can lead to unforeseen financial losses. In order to make informed investment decisions, it is important to evaluate both category...
Disney to Crack Down on Account-Sharing Amidst Growing Concerns
Disney CEO Bob Iger reveals plans to address account-sharing concerns across Disney+, Hulu, and ESPN+. The company aims to enhance profitability and become a sustainable growth driver in the streaming industry.
General Motors Unveils Battery-Powered Cadillac Escalade IQ
General Motors unveils the battery-powered Cadillac Escalade IQ with impressive performance and a range of 450 miles. GM's aggressive EV sales strategy aims for one million EV units in North America by 2025. Luxury EV market potential and p...
Disney's Road to Recovery: What to Expect from the June Earnings Report
Explore what investors can expect from Disney's June earnings report and learn about the challenges the company is currently facing.