Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.
Schlagwort-Archiv: Markets
Marqeta shares plunge more than 30% on big forecast miss
Marqeta shares plummeted after the company’s forecast for the fourth quarter fell shy of analysts‘ expectations.
Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.
China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending
Early indicators on China’s biggest shopping event of the year reveal a pickup in select categories, and even predictions for modest sales growth overall.
Buy now, pay later giant Affirm expands to the UK in first major international foray
Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas.
China gears up for a big week as markets await U.S. elections and stimulus details
The size of China’s highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.
Top Wall Street analysts are confident about the long-term potential of these 3 stocks
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Chipotle Mexican Grill and Fiserv.
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.
Activist Jana is back in the kitchen at Lamb Weston – Here’s what could happen next
Jana Partners and Continental Grain plan to speak with the potato processing giant about its financial performance and the start of a strategic review.
Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support artificial intelligence data centers.