The escalating tensions between Iran and Israel have raised concerns over the trade of Liquefied Natural Gas (LNG) through the Strait of Hormuz, according to a report by shipping consultancy
Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...
General Motors stock surged Tuesday above a buy point after the auto giant
Eli Lilly (LLY) jumped early Tuesday after the pharma behemoth reported
Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.
Tit-for-tat attacks present Sunni monarchies with complicated choices over region’s futureIran’s missile and drone attack on Israel had, by the end of this week, become one of the most interpreted events in recent modern history. Then, in the early hours of Friday, came reports of Israel’s riposte. As in June 1914, when Archduke Franz Ferdinand and his wife were assassinated in a moment that ultimately led to the first world war, these shots were heard around the world, even if few can agree...
Upside risks for inflation have prompted Macquarie's North America economic team to make a fresh call of zero rate cuts by the Federal Reserve this year. Economist David Doyle said that while core inflation in December looked headed to the 2% to 2.5% range by mid-2024, this
Bitcoin is on pace for its worst month since November 2022, as the cryptocurrency continues to pull back from its all-time high of $73,798 reached in March. The largest crypto is trading at around $62,980 on Monday, down 1.2% on the day, according to CoinDesk data. It has fallen around 11.5% this m
Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback program alongside its first-ever dividend declaration.
After becoming the second-largest pharma company in the Middle East and
Reported Q1 Revenue: $19.3 billion, a 12% increase year-over-year,