Nvidia’s profit is growing fast. But not the fastest in the S&P 500. ↑ X NOW PLAYING Beating The Market: How To Find Outperforming Stocks Seven S&P 500 companies, including Travelers (TRV), Catalent (CTLT) and Progressive (PGR), are expected to report at least 140% higher profit per share in the second quarter, says an Investor’s […]
Tag: Quarter
Arrest made after brick thrown into French Quarter establishment, owner attacked with railroad spike: NOPD
Disclaimer: All persons are presumed innocent until proven guilty. NEW ORLEANS (WGNO) — A man was arrested after he allegedly threw a brick into a French Quarter establishment and hit the owner with a railroad spike on Saturday, June 29. NOPD officials said a business owner in the 800 block of Decatur Street confronted 44-year-old […]
Tesla deliveries set to fall for second straight quarter
Tesla’s (TSLA) June-quarter deliveries likely fell 3.7%, the first time the top EV maker is set to post two straight quarters of decline, as it deals with stiff competition in China and slow demand due to a lack of affordable new models. The company is expected to deliver 438,019 vehicles for the April to June […]
Netflix, Amazon Lead With 53% of Original Streaming Title Orders in First Quarter of 2024, Study Finds
Netflix and Amazon led the pack for orders of original streaming titles in the first quarter of 2024, accounting for over half (53%) of all commissions globally, according to new findings from Ampere Analysis. The resurgence, which marks the highest number of new titles for Netflix since the third quarter of 2021 and a new […]
New quarter, same old China PMIs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian market trading on Monday kicks off the new week, quarter and second half of the year with investors’ focus locked on a data-heavy economic calendar, especially the latest snapshot of Chinese factory activity. The Caixin manufacturing purchasing managers index report […]
Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store
A powerful start to 2024 had the bulls predicting $100,000 bitcoin {{BTC}} at some point this year, but relentless selling pressure during April and June (interrupted by a May bounce) has the price struggling not to drop below $60,000 as the quarter draws to a close. Entering the second quarter, bitcoin was trading just shy […]
US economic growth for last quarter is revised up slightly to a 1.4% annual rate
WASHINGTON (AP) — The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a slight upgrade from its previous estimate. Consumer spending grew at just a 1.5% rate, down from an initial estimate of 2%, in a sign that high […]
S&P 500: One Company Will Outgrow Nvidia This Quarter
You’d have a tough time finding an S&P 500 company growing faster than Nvidia in the second quarter. But there is one. ↑ X NOW PLAYING Beating The Market: How To Find Outperforming Stocks Super Micro Computer (SMCI) is expected to boost revenue this quarter by 142.3%, says an Investor’s Business Daily analysis of data […]
Argentina’s growth plummets 5.1% in first quarter
President Javier Milei stopped all new public works projects as part of his drive to slash spending (STRINGER) Argentina’s austerity-hit economy contracted by 5.1 percent in the first quarter, the national statistics agency said Monday, driven by a slowdown in the construction and manufacturing industries. President Javier Milei, who took office in December, stopped all […]
Milei’s Austerity Plan Pushes Argentina Into Recession in First Quarter
(Bloomberg) — Argentina entered a recession in the first quarter of the year as President Javier Milei’s brutal spending cuts sent consumption and activity plummeting. Most Read from Bloomberg Gross domestic product fell 2.6% compared to the fourth quarter of 2023, according to official government data published Monday. Activity contracted 5.1% from a year earlier, […]
India’s January-March quarter current account balance logs first surplus in 10
By Siddhi Nayak MUMBAI (Reuters) -India’s current account balance posted a surplus for the first time in 10 quarters in the January-March period, helped by higher service exports and private transfer receipts, the central bank said on Monday. The current account surplus stood at $5.7 billion, or 0.6% of the GDP, in the fourth quarter […]
Quarter of flights from Manchester Airport cancelled after major power cut
A quarter of all flights from Manchester Airport were cancelled after a “major power cut” which also caused huge queues and disruption to baggage processing, analysts have said. The outage, which hit systems in the early hours of Sunday, meant by lunchtime 66 outbound flights (25 per cent of all departures) and 50 inbound journey […]