Saturday, November 30, 2024

CATEGORY

Stock Market

Vertiv’s stock rallies as data-center AI deployments fuel earnings beat

Vertiv cites the “acceleration of AI-driven demand” in driving new orders. Source link

Tesla’s Musk answers one big question — but introduces many more

Tesla says it’s still focused on a lower-cost car, but UBS thinks many aspects are “still in flux.” Source link

Roche prepares for business after boom from COVID-related products

The Swiss pharmaceutical company reiterated its outlook, predicting single-digit growth this year, following an end to the slump in COVID-19-related sales. Source link

‘I racked up $45,000 in credit-card debt making home repairs’: Should I refinance my $1.5 million house or take out a personal loan to...

“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.” Source link

Kering shares plunge as Gucci slowdown seen hitting profits by up to 45%

Kering blamed slow sales at Gucci, particularly in Asia, for a 10% drop in its first quarter revenue Source link

Lumen looks to lower costs through job cuts as cash concerns continue

Faced with growth and cash challenges, Lumen Technologies is looking to cut expenses by reducing its headcount. Source link

Texas Instruments’ stock is on the rise after strong results, guidance

Texas Instruments Inc.’s stock immediately jumped nearly 8% in extended trading Tuesday after the semiconductor company rang up better-than-expected quarterly results and guidance. Source...

TikTok’s potential ban passes in the Senate. Here’s what comes next.

The app gets one year to ditch its Chinese ownership before any ban would take effect, and TikTok has promised a legal battle. Source...

Elon Musk gives Wall Street what it wants, but more pain could be around the corner

Tesla’s promise of an “affordable EV”will not be as low priced as hoped Source link

The FTC wants to block a big handbag merger to preserve competition. ‘10,000 alternatives’ could complicate its case.

‘No one gets hurt’ if they can’t buy a luxury handbag, analyst says. Source link

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