Macy’s Shares Drop 12% Amid Lowered Sales Forecastby Mark Eisenberg 21.08.2024Macy's shares fall 12% after cutting sales forecast, despite Q2 revenue exceeding estimates. Future sales outlook remains cautious.
AMD Acquires ZT Systems in $4.9B Nvidia Challengeby Mark Eisenberg 21.08.2024AMD's $4.9B acquisition of ZT Systems aims to boost AI capabilities, challenging Nvidia. Shares soared 4.2% post-announcement.
Dream Unlimited’s Q2 Earnings: A Financial Turnaroundby Mark Eisenberg 19.08.2024Dream Unlimited reports Q2 earnings of $55.5M, a major recovery from last year's loss, driven by strong income properties.
Organigram Shows Strong Q3 2024 Growth and Efficiencyby Mark Eisenberg 19.08.2024Organigram sees 25% growth in Canadian cannabis sales with strategic investments boosting future prospects.
Admiral Group’s H1 2024 Profits Surge with 43% Turnoverby Mark Eisenberg 19.08.2024Admiral Group's turnover jumps 43% in H1 2024, driven by strong growth in UK motor insurance and strategic moves in ...
ITM Power’s Growth Drives Green Hydrogen Expansionby Mark Eisenberg 19.08.2024ITM Power triples revenue, reduces losses amid growing green hydrogen market demand.
AMD Acquires AI Maker, Challenges Nvidiaby Lilu Anderson 19.08.2024AMD's $5B acquisition of ZT Systems sharpens focus on AI and data centers, intensifying competition with Nvidia.
Powell’s Jackson Hole Speech May Hint at Rate Cutby Mark Eisenberg 19.08.2024Fed's Powell may hint at a rate cut at Jackson Hole, focusing on labor market concerns as inflation eases.
UK Economy Shows Strong Q2 Growth Amid Challengesby Mark Eisenberg 19.08.2024UK GDP grew by 0.6% in Q2 2024; a slowdown is expected as uncertainties and high interest rates impact future ...
Altcoin Market Faces Turmoil: Ethereum & Solana Hit Hardby John Darbie 19.08.2024Altcoin market struggles as Ethereum and Solana face sharp downturn. Grayscale sees $3 billion outflows amid ETF approval.