Latest in Soars Record High
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Move over Black Friday: Consumer interest in 'Travel Tuesday' soars
Search interest for "Travel Tuesday" rose more than 500% over the last two years, according to a report published Thursday by McKinsey & Company.Business - CNBC - 5 days ago -
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 - 5 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 - 4 days ago -
Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop
Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.Business - MarketWatch - 3 days ago -
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 - 3 days ago -
Trump Win Sends Trump Media and Tesla Shares Soaring
Companies linked to the president and his prominent supporter Elon Musk shot up after the election, as did U.S.-focused small cap shares.Business - Inc. - 3 days ago -
Dow soars as these areas are ‘likely market winners’ of potential Republican sweep
Stocks surged Wednesday after Donald Trump won the U.S. election.Business - MarketWatch - 3 days ago -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - 2 days ago -
Chinese exports soar as Beijing prepares for trade tensions with Trump
China could respond to aggressive new tariffs with bigger stimulus action or currency depreciation, say analystsWorld - Financial Times - 2 days ago -
Private jet emissions soar almost 50% in four years
High use of aviation ‘taxis’ for big events such as World Cup, Davos — and climate summits, study findsWorld - Financial Times - 2 days ago -
AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.Business - CNBC - 2 days ago -
WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales
WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate ...Business - MarketWatch - 2 days ago -
Haitian activists demand halt to deportations as gang violence and poverty soar
Haitian activists are demanding that other countries temporarily stop deportations to their country given a surge in gang violence and deepening povertyWorld - ABC News - 2 days ago -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - Yesterday -
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 - Yesterday -
IAG Earnings Soar Above Market Views on Strong Demand
The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.Business - The Wall Street Journal - Yesterday -
Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns
The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe’s main ammunition and weapon suppliers.Business - The Wall Street Journal - 2 days ago -
Trump calls for investigation of 'rumors' he plans to sell Trump Media stock
Donald Trump, majority owner of the Truth Social operator Trump Media, defeated Kamala Harris in the 2024 presidential election.Business - CNBC - Yesterday -
A Record Number of States Are in Drought
Little rain has fallen since Hurricane Helene dropped huge amounts across the Southeast.Science - The New York Times - 4 days ago -
A ’High Touch’ Warehouse for Exacting Brands
Ricky Choi, a co-founder of Nice Laundry, was frustrated by how fulfillment centers handled his brand’s socks and underwear. So he started a new kind of packaging firm for chic labels.Lifestyle - The New York Times - October 23