Latest in Kazatomprom Profit Soars on Higher Volumes, Uranium Prices
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Kazatomprom Profit Soars on Higher Volumes, Uranium Prices
The world’s top uranium producer’s profit more than doubled on the back of significantly higher uranium spot prices and volumes sold.Business - The Wall Street Journal - Yesterday -
Nvidia’s Profit Doubles as A.I. Chip Sales Soar
The company, which dominates the market for chips used to build artificial intelligence, expects another big jump in the current quarter.Tech - The New York Times - November 21 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Ozempic maker Novo Nordisk nudges higher profit forecast
Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.Business - MarketWatch - November 6 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - November 20 -
Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.Business - The New York Times - November 4 -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - November 8 -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - October 31 -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - November 5 -
Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.Business - The New York Times - November 7 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
Verizon-Frontier deal goes to the wire as investors demand higher price
Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for moreBusiness - Financial Times - November 8 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire
The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.World - The Wall Street Journal - November 9 -
Taiwan Sees a Higher Price for U.S. Support as Trump Returns to Power
The president-elect’s call for Taiwan to spend more on its own defense and his complaints about its semiconductor dominance may herald a tenser relationship.Top stories - The New York Times - November 10 -
The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - November 10 -
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.Business - MarketWatch - November 13 -
Oil prices settle higher but stay on track for a weekly loss
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...Business - MarketWatch - November 14 -
Oil prices end higher following latest developments in Russia-Ukraine war
Crude futures settled a bit higher on Tuesday as traders tracked developments in the Russia-Ukraine war that looked to raise the risk of oil-supply disruptions from one of the world’s largest ...Business - MarketWatch - November 19 -
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.Business - MarketWatch - 2 days ago -
Trump tariffs on Canada imports could bring sharply higher gas prices
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.Top stories - CBS News - 2 days ago -
Taiwan’s soaring energy prices and growing outages hit chipmaker TSMC
Industry loses competitiveness as government struggles to afford cheap-power incentivesWorld - Financial Times - November 5 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
'Soaring baby milk prices mean I feel punished for not breast feeding'
Parents say they feel penalised by the high cost of formula, which cannot be discounted under the law.Top stories - BBC News - November 14 -
Theft of aid trucks sends prices soaring in central Gaza
The the theft by armed men of nearly 100 aid trucks over the weekend sent prices soaring and caused shortages in central Gaza.Top stories - NBC News - November 19 -
Russian food prices are soaring — but no one dares blame Putin and the war
Russian President Vladimir Putin has denied that Russia has exchanged "butter for guns" and blamed the price rises on "unfriendly" countries.Business - CNBC - 4 days ago -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - November 1 -
Hershey’s stock dips as high cocoa prices eat into profit
The chocolate maker’s stock dropped after its adjusted earnings missed analyst estimates.Business - MarketWatch - November 7 -
Inflation is going higher, this market strategist says. Here’s his master ETF plan to profit from it.
Hedgeye’s Keith McCullough is long gold, utilities, real estate and emerging markets ETFs.Business - MarketWatch - November 2 -
Inflation pain helped secure Trump win but his policies mean higher prices
Markets expect his policy package to harm trade and growth but reduce business taxes. Dollar and bitcoin soar as Trump wins US election Business live – latest updates US election 2024 – ...World - The Guardian - November 6 -
Is higher inflation here to stay? Fed faces hurdles in quest to crush rising prices.
As inflation slowed sharply last summer, the Federal Reserve sketched out a plan to slash high U.S. interest rates in anticipation of its pending victory over runaway prices. Now that plan is risk.Business - MarketWatch - November 21 -
Oil prices finish lower, pressured by an Israel-Hezbollah cease-fire deal
Crude futures settled slightly lower on Tuesday as a cease-fire deal between Israel and Iran-backed Hezbollah eased concerns about risks to supplies in the oil-rich Middle East.Business - MarketWatch - 3 days ago -
The fruits and vegetables from Mexico that could see higher prices from Trump's tariffs
The U.S. imports approximately 60% of its fresh fruit and 40% of its fresh vegetables.Top stories - NBC News - 3 days ago -
Nordstrom’s outlook is a little more upbeat. But it warns of a ‘noticeable decline’ in sales trends.
Department-store chain Nordstrom Inc. on Tuesday offered up a slightly more optimistic full-year sales outlook and reported third-quarter results that beat analysts’ expectations, helped by demand ...Business - MarketWatch - 2 days ago -