U.S. Economy Poised for Rapid Expansion in Q3
The U.S. economy is expected to experience significant growth in the third quarter, driven by consumer spending, residential construction, and busines...
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Li Ning Shares Drop as Q3 Retail Sales Miss Expectations
Li Ning, the Chinese sportswear maker, sees a drop in shares after Q3 retail sales miss estimates. Citi analysts reveal higher inventory-to-sales rati...
Thermo Fisher Stock Drops, Lowest Close in Over Three Years
Thermo Fisher Scientific's stock drops 9% to lowest close in over three years as it falls short of revenue expectations in Q3. The company adjusts its...
Nikola Stock Sees Surge Due to Potential Cash Infusion
Nikola's stock value surged 9% following news of founder Trevor Milton having to pay $165 million in securities fraud. Nikola's market capitalization...
Hawaiian Airlines Parent Reports Larger Loss
Hawaiian Holdings, parent company of Hawaiian Airlines, reports larger loss and misses revenue expectations due to August wildfires impact. Stock plum...
Home Prices to Decline in 2023, Says Goldman Sachs
Goldman Sachs predicts a decline in home prices due to high mortgage rates and limited supply. Sales are projected to reach their lowest level since t...
Accelerated Export Restrictions Imposed on Nvidia's AI Chips
The federal government has informed Nvidia that accelerated export restrictions on its AI chips going to China will take effect immediately. Despite t...
Dow Reports Stable Performance
Dow reports adjusted earnings per share of 48 cents on sales of $10.7 billion, despite challenges in energy prices and changing economy. CEO emphasize...
Apple's Venture into AI
Apple's substantial investments in AI chips and servers demonstrate its commitment to competing in the field of artificial intelligence.
Retiring without Enough: A Major Concern
Many people are not saving enough for retirement, according to extensive research. Surprisingly, satisfaction levels among retirees are notably high.
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