Crunchmarkets’s info on the world of finance
Investing.com has been abuzz this week with the U.S. elections on the horizon and the earnings season in full swing. Several market heavyweights have been in the spotlight, making noteworthy strides. Here’s a rundown of Investing.com’s top picks for the week: Big Tech’s Earnings Rollercoaster: Microsoft Disappoints, Amazon Surges Tech […]
UK’s Finance Minister, Rachel Reeves, recently announced new fiscal policies at the Labour Party Conference in Liverpool. These plans, which include a significant increase in business taxes, have sparked debates among leaders in the tech industry and venture capitalists about the UK’s ability to become a leading global hub for […]
Walt Disney Company is set to establish a new division to manage its use of innovative technologies like artificial intelligence and mixed reality. The move aims to explore potential applications in its film, television and theme park sectors. The newly instituted Office of Technology Enablement will be headed by Jamie […]
BlackRock’s iShares is taking steps to attract investors seeking to expand beyond the renowned ‘Magnificent Seven.’ The company introduced the iShares Top 20 U.S. Stocks ETF (TOPT) this month, a fund that doesn’t solely focus on the Magnificent Seven, namely Apple, Amazon, Meta, Alphabet, Microsoft, Nvidia, and Tesla. Instead, it […]
Amarin Corporation, a biopharmaceutical company, has announced a drop in its third-quarter revenue for 2024, largely due to the rising competition from generic drugs in the U.S. market. The company’s CEO, Aaron Berg, underlined the strategic emphasis on increasing access to its cardiovascular disease treatment, VASCEPA/VAZKEPA,
Chinese smartphone manufacturer, Honor, has recently launched devices that can be folded to nearly the same thinness as an iPhone. This Beijing-based firm, a spinoff from Huawei, has proclaimed that it has received financial support from new investors as it gears up for an initial public offering (IPO). According to […]
Airbus, the renowned aircraft manufacturer, announced its third-quarter earnings on Thursday, surpassing the forecasts of market analysts. The company remains confident in its annual projections for the year. The third quarter witnessed an impressive operating profit, a significant indicator of profitability, of €1.41 billion. This represents an increase of 39% […]
Chinese tech giant Xiaomi has unveiled the sports car variant of its SU7 electric vehicle, with pre-orders starting from over $110,000. The renowned smartphone manufacturer has already delivered more than 20,000 SU7 EVs in October, as it continues to expand its electric car business in the highly competitive market. Xiaomi, […]
Mexico City, Mexico – On Tuesday, Pemex, the Mexican government-owned oil firm, announced a significant increase in third-quarter net losses, reaching 161.3 billion pesos ($8.2 billion). This figure is almost double the losses of approximately $4.5 billion recorded during the same period last year, as per the company’s statement to […]
Chinese self-driving company, WeRide, was listed on the Nasdaq on October 25, 2024. This event, along with several other high-profile listings outside mainland China, has sparked renewed optimism among investors for potential profitable exits. Despite increased scrutiny from regulators on listings of Chinese companies in the U.S. and Hong Kong […]
