News

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03 Dec 2024 18:30

Global Debt Surpasses $320 Trillion as Risk Appetite Recovers - IIF

Daily News

According to a report published by the Institute of International Finance (IIF), declining borrowing costs and increased risk appetite have led to a rise in the g...

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03 Dec 2024 17:37

Clean Fuel Tax Credit Guidelines Delayed, Darling Ingredients Shares Decline

Daily News

The Biden administration will not be able to finalize guidelines for new clean fuel production tax credits before President Joe Biden's term ends. This delay affe...

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03 Dec 2024 17:18

Amazon Launches New AI Servers, Apple Joins as a Customer

Daily News

Amazon (NASDAQ:AMZN) Web Services (AWS) has announced the introduction of new data center servers featuring its custom-built artificial intelligence (AI) chips, c...

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03 Dec 2024 17:05

E. Coli Outbreak Linked to McDonald's Declared Over by CDC

Daily News

On Tuesday, the Centers for Disease Control and Prevention (CDC) announced the end of the E. coli outbreak linked to McDonald's (NYSE:MCD) Quarter Pounder hamburg...

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03 Dec 2024 16:33

Porch Group Expects Strong EBITDA Growth

Daily News

Porch Group Inc. (NASDAQ:PRCH) shares experienced a significant increase following the company's announcement of ambitious adjusted EBITDA targets of $50 million ...

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03 Dec 2024 15:52

Nvidia Reassesses Acquisitions Amid Growing Cash Reserves

Daily News

Leading developer of artificial intelligence chips, Nvidia Corporation (NASDAQ:NVDA), is considering using its increasing cash reserves for mergers and acquisitio...

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03 Dec 2024 15:41

Madison Square Garden Entertainment Shares Surge with $25 Million Buyback

Daily News

Madison Square Garden Entertainment Corp. shares rose by 6.3% in intraday trading, marking the company's largest intraday gain since August. This increase in shar...

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03 Dec 2024 15:39

US Imposes Sanctions on 35 Entities Linked to Iranian Oil Trade

Daily News

The U.S. government announced today that it has imposed sanctions on 35 entities and vessels involved in the illegal transport of Iranian oil. This move aims to i...

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03 Dec 2024 15:37

StanChart Predicts Dollar Strengthening After Weakness at the Start of 2025

Daily News

Standard Chartered has published a report predicting the performance of the US dollar (USD) in the near future. According to their analysis, while a period of wea...

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03 Dec 2024 15:33

Carlsberg Exits Russia, Sells Baltika Breweries to VG Invest

Daily News

Carlsberg announced that it has completed its exit from the Russian market by agreeing to sell its stake in Baltika Breweries. The sale to VG Invest, a local comp...

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03 Dec 2024 15:31

Constellation Brands Sells Svedka Vodka to Sazerac

Daily News

Constellation Brands has announced the sale of its Svedka vodka brand to leading global beverage company Sazerac. The transaction is expected to be completed in t...

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03 Dec 2024 15:27

Former Intel CEO Pat Gelsinger to Receive $12 Million Payout

Daily News

Former Intel (NASDAQ:INTC) CEO Pat Gelsinger will receive a compensation package valued at approximately $12 million following his departure from the semiconducto...

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03 Dec 2024 15:26

Skechers Shares Surge on Holiday Sales Commentary

Daily News

Skechers USA shares rose by as much as 6.2% in intraday trading, marking the largest increase since September 26. This rise in stock value came after the company'...

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03 Dec 2024 15:26

Coherus Shares Surge Following $558 Million Udenyca Sales Deal

Daily News

On Tuesday, Coherus BioSciences, Inc. (NASDAQ:CHRS) shares rose by over 40% following the announcement of an asset purchase agreement with Intas Pharmaceuticals L...

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03 Dec 2024 15:23

Aflac's Stocks Decline Amid Analysts' Financial Outlook Assessments

Daily News

Aflac Incorporated (NYSE:AFL) shares fell 3% as the insurance company began its annual financial analyst briefing. Analyst Thomas Gallagher from Evercore ISI note...

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03 Dec 2024 15:20

ICL Group Stock Reaches New Heights Since May

Daily News

ICL Group shares rose by 6.3% today, reaching their highest intraday level since May 24. This increase followed the announcement that Dead Sea Works Ltd., a subsi...

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03 Dec 2024 15:20

Market Outlook: Stock Exchange Closes with Gains

Daily News

Foreks - The BIST 100 index closed the day at 9,827.23, an increase of 146.12 points. According to the Foreks News survey, the BIST 100 index was expected to clos...

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03 Dec 2024 15:16

Indie Semiconductor Announces $175 Million Convertible Bond Issuance

Daily News

Shares of automotive chip designer Indie Semiconductor fell 21% on Tuesday after the company announced it would issue $175 million in convertible senior notes mat...

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03 Dec 2024 15:14

Avadel Pharmaceuticals' Stocks Decline Following CCO's Resignation

Daily News

Avadel Pharmaceuticals' shares have experienced a significant decline, dropping by up to 19% to reach their lowest level since April 2023. This decline followed t...

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03 Dec 2024 14:50

South Korea's Main Opposition Calls MPs to Parliament Following Martial Law Decision

Daily News

Foreks - The main opposition Democratic Party (DP) urgently summoned lawmakers to the National Assembly late Tuesday following President Yoon Suk Yeol's declarati...

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