Browsing: Investing
Key takeaways Uber recorded a first-ever operating profit in its history, with earnings per share beating expectations in Q2 Revenue, however, fell short of expectations and…
By Will Feuer Marathon Petroleum reported lower sales and profit for the second quarter as oil prices came back down after Russia’s invasion of Ukraine sent…
CVS Health (CVS) reported Q2 results this morning. Specifically, revenues for the period grew 10.3% from the prior year to $88.9 billion and came in over…
A jubilant July typically heralds a sensational second half of the year. But history doesn’t always repeat itself.The S&P 500 rose an impressive 3.1% last month.…
History is replete with examples of consumer-facing companies that shot themselves in the foot with tone-deaf marketing or merchandising. Still, as blunders go, it would be…
Merck shares have slumped in recent months, down 7.6% since the end of April. Dreamstime The drug company Merck reported earnings Tuesday morning that surpassed past…
NIO delivered 20,462 cars in July. Getty Images Early results for Chinese electric-vehicle deliveries have been released. They were excellent. That’s a positive for Tesla, BYD,…
Key News Asian equities were off overnight as profit-taking ruled the day regionally. Outperforming markets, sectors, and stocks were sold. Although Fitch’s downgrade of the US…
There is a shift in travel demand back to urban markets over long-term rural stays, according to Melius. Caribe Hilton Consumers are still eager to splash…
Caterpillar beat earnings and sales estimates in the second quarter. Justin Sullivan/Getty Images Caterpillar crushed Wall Street’s earnings estimates for the second quarter but the stock…