From Nvidia to Lucid: Why CalPERS Is Betting Big on Electric VehiclesCalPERS increased its Lucid Motors investment by 24%, buying 262,123 shares, anticipating growth as Lucid expands electric vehicle rollout.
Buffett's Big Apple Sell-Off: Why Berkshire Hathaway Dumped 55.8% Of Its StockApple representatives reported that Berkshire held 915.6 million shares of Apple as of January 2. Currently valued at around $88 billion.
Spirit Airlines' Second-Quarter Outlook Falls Below Expectations[Alpha Economy: (Chicago) Special Correspondent Paul Lee] Spirit Airlines' second-quarter revenue ou ...
Tesla's Dominance Challenged as BYD Takes Lead in ChinaChina’s foremost electric vehicle (EV) manufacturer, BYD, has secured the leading position in the domestic auto market share for the first time. According to the China Passenger Car Association (CPCA), on the 21st, BYD sold 263,000 units last month in China. This is a 35.4% increase compared to the sales volume of 192,289 units in […]
Nike Beats Expectations in Q3, Plans Strategic Shift Towards New Product LaunchesNike (NKE), the world’s largest sportswear and sneaker retailer, exceeded market expectations with its quarterly performance. Nike’s Q3 fiscal year 2024 (December-February) revenues were $12.43 billion (up 0.3% from the previous year), total sales profit was $5.56 billion (a 3.6% increase), and net income attributable to the controlling shareholder was $1.17 billion (a 5.5% decrease). […]
FedEx Exceeds Quarterly Earnings Expectations Despite Revenue DropFedEx (FDX), a global transportation company, exceeded quarterly earnings expectations. Despite a decrease in revenue, profits increased due to cost-cutting measures. FedEx’s third quarter (December to February) revenue was $21.74 billion, a decrease of 1.9% from the previous year, and operating profit was $1.24 billion, an increase of 19.3%. EPS (earnings per share) recorded $3.51, […]
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean MarketTexas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
Fans Startled by Released Scenes from Squid Game 2 The first stills from the second season of the Netflix series 'The Squid Game' have been released for the first time...
Must-Reads
1
Want to Lower Your Blood Pressure? Eat More Bananas, Study Says
LIFESTYLE
2
Weekend Workouts Are Enough to Cut Diabetes Risk, Study Says
LIFESTYLE
3
Brushing Right After Eating Could Hurt Your Teeth—Here’s Why
LIFESTYLE
4
Early Bedtimes Could Help Teens Boost Brain Power, Study Finds
From Nvidia to Lucid: Why CalPERS Is Betting Big on Electric Vehicles CalPERS increased its Lucid Motors investment by 24%, buying 262,123 shares, anticipating growth as Lucid expands electric vehicle rollout.
Buffett's Big Apple Sell-Off: Why Berkshire Hathaway Dumped 55.8% Of Its Stock Apple representatives reported that Berkshire held 915.6 million shares of Apple as of January 2. Currently valued at around $88 billion.
Spirit Airlines' Second-Quarter Outlook Falls Below Expectations [Alpha Economy: (Chicago) Special Correspondent Paul Lee] Spirit Airlines' second-quarter revenue ou ...
Tesla's Dominance Challenged as BYD Takes Lead in China China’s foremost electric vehicle (EV) manufacturer, BYD, has secured the leading position in the domestic auto market share for the first time. According to the China Passenger Car Association (CPCA), on the 21st, BYD sold 263,000 units last month in China. This is a 35.4% increase compared to the sales volume of 192,289 units in […]
Nike Beats Expectations in Q3, Plans Strategic Shift Towards New Product Launches Nike (NKE), the world’s largest sportswear and sneaker retailer, exceeded market expectations with its quarterly performance. Nike’s Q3 fiscal year 2024 (December-February) revenues were $12.43 billion (up 0.3% from the previous year), total sales profit was $5.56 billion (a 3.6% increase), and net income attributable to the controlling shareholder was $1.17 billion (a 5.5% decrease). […]
FedEx Exceeds Quarterly Earnings Expectations Despite Revenue Drop FedEx (FDX), a global transportation company, exceeded quarterly earnings expectations. Despite a decrease in revenue, profits increased due to cost-cutting measures. FedEx’s third quarter (December to February) revenue was $21.74 billion, a decrease of 1.9% from the previous year, and operating profit was $1.24 billion, an increase of 19.3%. EPS (earnings per share) recorded $3.51, […]
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean Market Texas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
Fans Startled by Released Scenes from Squid Game 2 The first stills from the second season of the Netflix series 'The Squid Game' have been released for the first time...
Hot Topics