News Digest / Alex Vellor

Author: Alex Vellor

07:34am, Friday, Jul 26, 2024
Key PCE inflation data may influence Fed rate cuts, Apple faces declining sales in China, and SK Hynix invests $6.8B in a new semiconductor plant.

09:11am, Thursday, Jul 25, 2024
Stock market declines as S&P 500 and Nasdaq hit worst lows since 2022. Disney's "Inside Out 2" becomes the highest-grossing animated film ever.

06:43am, Thursday, Jul 25, 2024
Learn how to invest in Xbox by buying Microsoft (MSFT) stock. Follow our detailed guide for research, order placement, and risk management.

03:02am, Thursday, Jul 25, 2024
AstraZeneca (NASDAQ: AZN) raises its 2024 revenue and profit forecasts, fueled by a 19% sales surge in oncology.

09:59am, Wednesday, Jul 24, 2024
Explore an energy stock offering an 8.21% dividend yield, solid growth potential, and moderate risk.

08:38am, Wednesday, Jul 24, 2024
Explore Wednesday's key market shifts: stock index changes, premarket activity, and trends in real estate sales and pricing.

08:17am, Wednesday, Jul 24, 2024
East West Bancorp (EWBC) reported Q2 2024 net income of $288M ($2.06/share), with loan and deposit growth of 2%. Recognized as a top bank by Bank Director Magazine, it achieved record fee income of $77M but anticipates net interest income decline. Traders should watch for growth amidst challenges.

08:22am, Monday, Jul 22, 2024
A look into the latest market shifts: major stock declines, President Biden's exit from the 2024 race, Nvidia's new AI chip for China, and crude oil surplus forecasts.

07:10am, Monday, Jul 22, 2024
Air Canada (TSX: AC.TO) revises its 2024 profit forecast due to market over-capacity and competition, projecting an adjusted EBITDA of C$3.1 billion to C$3.4 billion, down from C$3.7 billion to C$4.2 billion. Q2 operating revenue hits C$5.5 billion, shy of expectations.

08:29am, Friday, Jul 19, 2024
Friday Markets: Stocks fell as tech shares dropped, businesses faced a major IT outage, Netflix exceeded earnings expectations, and AmEx raised its profit forecast.

07:22am, Friday, Jul 19, 2024
Discover how to invest in Minecraft by buying Microsoft (MSFT) stock. Follow our step-by-step guide to set up your brokerage account and manage risks.

04:00am, Friday, Jul 19, 2024
Major U.S. airlines, including American (AAL), Delta (DAL), and United (UAL), faced temporary grounding due to communication issues after Microsoft (MSFT) resolved a cloud service outage. Low-cost carriers, like Allegiant (ALGT) and Frontier, also experienced related disruptions.

10:08am, Thursday, Jul 18, 2024
Discover a consumer staples stock with 21% YTD growth, strategic investments of $ 420M-$445M, a $6.67B market cap, $5.21 EPS, and a $265.32 DCF valuation.

08:36am, Thursday, Jul 18, 2024
Nasdaq sees worst drop since 2022; ECB holds rates steady, but United Airlines' Q2 profit surges with strong international travel demand

08:19am, Thursday, Jul 18, 2024
Ford pivots Oakville Assembly from EVs to F-Series Super Duty trucks, delaying electric SUV launch to 2027 amid slower EV demand growth.