November 23, 2020
Power Play
General Motors (GM) has the power… to one-up its rivals: the carmaker announced late last week it’ll boost its spending on electric vehicles (EV) through 2025.
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November 19, 2020
Lowe Spirits
One-time American sweetheart Lowe’s reported worse-than-expected quarterly earnings on Wednesday, and investors ditched the home improvement retailer’s shares.
November 16, 2020
Scan-Do Attitude
Palantir saw this coming from a mile off: the surveillance software maker announced better-than-expected quarterly results in its first earnings report since hitting the stock market.
November 9, 2020
Captive Audience
After Peloton announced better-than-expected quarterly results late last week, the exercise equipment maker might be hoping you keep digging deep through these lockdowns forever and ever and ever…
November 5, 2020
Lockdown Lockout
BMW reported worse-than expected third-quarter results on Wednesday – and things mightn’t improve if drivers keep getting locked into their homes and out of their cars.
November 4, 2020
Ready, Willing, And Stable
Data out on Friday showed the eurozone economy grew by more than expected in the third quarter – and investors are expecting the European Central Bank (ECB) to do all it can to keep things steady.
November 2, 2020
Leaking Havoc
Exxon reported better-than-expected third-quarter earnings on Friday, sure, but it’s still playing patch-up after its third quarterly loss in a row.
October 29, 2020
Cheap Tricks
Boeing announced better-than-expected earnings on Wednesday, but the US aircraft maker’s going to some pretty extreme lengths to cut costs.
October 26, 2020
Vanishing Act
Looks like the eurozone’s recovery could be fading fast: new data out late last week showed business activity dropped to a four-month low.
October 19, 2020
Hot Wheels
German automaker Daimler veered into the fast lane late last week, flagging a higher-than-expected quarterly profit – and investors racing after the company’s stock sent its price 5% higher on Friday.
October 16, 2020
A Spoonful of Sugar
Roche, the world’s second-biggest pharmaceutical company, released a largely positive third-quarter update on Thursday – but investors found it a bitter pill to swallow.
October 14, 2020
Flying Without Wings
Delta Air Lines – the world’s largest carrier – reported disappointing third-quarter results on Tuesday, with its investors bracing for yet more turbulence…
October 12, 2020
Guess Man
US companies are set to report how much they earned in the third quarter starting this week – and after the year we’ve had, anything could happen.
October 6, 2020
A Heart Bargain
Monday Oct 5, 2020 US pharmaceuticals giant Bristol Myers Squibb agreed to buy biotech MyoKardia – along with a potentially lucrative heart treatment – for $13 billion.
September 29, 2020
Hail Caesars
Caesars Entertainment, the hotel and casino giant offered $3.7 billion to take over British gambling company William Hill on Monday.
September 24, 2020
Rally-Oop
Nike announced quarterly results late on Tuesday that dunked on investors’ expectations, and the sportswear giant’s shares initially sprang up 9% on Wednesday.
September 22, 2020
Laundry Day
Leaked documents showed a dozen banks – including JPMorgan, HSBC, and Deutsche Bank – have been helping criminals remove stubborn stains from their ill-gotten gains.
September 15, 2020
Fuse It Or Lose It
Gilead Sciences agreed to buy Immunomedics for $21 billion over the weekend in hopes they’ll combine their DNA to become the nucleus of the pharma industry.
September 14, 2020
Investors Love College
Years of working hard, playing hard, and practicing esoteric marching band routines have paid off for US colleges’ class of 2020: they’ve graduated with the highest mark in bond sales since 2004. US colleges have sold $36 billion worth of debt to investors so far this year.
September 8, 2020
Pool Party
Investors stripped off on Monday and dipped into Chinese bottled water company Nongfu Spring’s initial public offering (IPO).
September 2, 2020
Star-Struck
Zoom’s second-quarter results blew past even the most optimistic analysts’ expectations, proving it’s not just a one-hit wonder after all.
September 1, 2020
Ridin’ High
This here stock market’s had some ups and downs this year, but according to Goldman Sachs, there are still more rootin’ tootin’ returns to be had. Yeehaw!
August 28, 2020
The Empire Strikes Back
Salesforce is making the most of its unlimited power: the software empire reported a better-than-expected quarter late on Tuesday, and its shares initially rose 15% on Wednesday.
August 26, 2020
Card Tricks
The Dow Jones Industrial Average (a.k.a. the Dow) is set for a “reshuffle” next week that’ll switch three old companies out for three new ones before your very eyes.
August 24, 2020
Nvidia Games
Nvidia, the tech hardware giant, trounced investors’ expectations, with sales up 50% on the same time last year, and profit up 76%.
August 19, 2020
Livin’ Large
Walmart and Home Depot are a scrappy pair of US retail titans: they reported stronger-than-expected second-quarter results on Tuesday.
August 17, 2020
Mon-Apple-ly
Apple was accused of being too dominant by the makers of online game Fortnite late last week, but that didn’t stop the tech giant from selling $5.5 billion worth of new bonds.
August 14, 2020
Gone AWOiL
After months spent looking high and very, very low for global oil demand, the International Energy Agency (IEA) slashed its forecasts for the slippery elixir on Thursday
August 12, 2020
Grand Schemes
SoftBank’s long game seems to have gone exactly as planned: the Japanese tech conglomerate reported a quarterly profit for the first time in almost a year on Tuesday.
August 10, 2020
We Don’t Chat
The US president has no time for China’s late-night cat gifs: he issued new orders last Friday banning US companies from doing business with WeChat and TikTok.
