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5340 posts

Press Room

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Business

UK chip designer Arm’s shares fall after disappointing revenue forecast

By Press Room
November 8, 2023
1 Mins read
Markets

Mutual funds that buy U.S. stocks just had their best ‘hit rate’ in two years, BofA says

By Press Room
November 8, 2023
1 Mins read
Managers of mutual funds focused on large-cap stocks in the U.S. did a stronger job of beating their benchmark last month, but…
Investment

Warby Parker’s stock suffers record selloff as margins were hurt by contact lens sales strength

By Press Room
November 8, 2023
1 Mins read
Shares of Warby Parker Inc. were having their worst day in the two years since going public, after the eyewear retailer said…
Stocks

U.S. mortgage rates see largest drop in over a year

By Press Room
November 8, 2023
1 Mins read
© Reuters. U.S. mortgage rates saw their most significant weekly decline in over a year, as average rates for conforming loans under…
Commodities

North America faces power reliability challenges again this winter -NERC

By Press Room
November 8, 2023
2 Mins read
(Reuters) – Large parts of the U.S. and Canada power grid serving around 180 million people could be left without enough electricity…
Business

Disney plans to slash costs by $2 billion more

By Press Room
November 8, 2023
1 Mins read
The Walt Disney Company missed Wall Street’s expectations Wednesday when the company reported weaker-than-expected revenue for the past quarter. “Our results this…
Crypto

Ritual Secures $25 Million in Seed Funding to Decentralize AI 

By Press Room
November 8, 2023
2 Mins read
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance…
News

Pennant Group, Inc. (PNTG) Q3 2023 Earnings Call Transcript

By Press Room
November 8, 2023
11 Mins read
Pennant Group, Inc. (NASDAQ:PNTG) Q3 2023 Earnings Conference Call November 8, 2023 12:00 PM ET Company Participants Kirk Cheney – General Counsel…
Business

Bob Iger pledges to cut another $2bn from Disney’s cost base

By Press Room
November 8, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Walt Disney…
Investment

Polygon leads increases as large cryptocurrencies start mixed

By Press Room
November 8, 2023
1 Mins read
Large cryptocurrencies were mixed during morning trading on Wednesday, with Polygon MATICUSD, +7.24% seeing the biggest move, rising 4.80% to 78 cents….
Stocks

Caesars Entertainment reaches tentative five-year contract with Culinary Workers Union

By Press Room
November 8, 2023
1 Mins read
© Reuters. Caesars (NASDAQ:) Entertainment has reached a preliminary five-year agreement with the Culinary Workers Union Local 226, averting a potential strike…
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