Financial & Business News
LATEST INVESTING HEADLINES
SoFi raised its earnings guidance for 2024 despite slower loan growth. The company has invested heavily in becoming a one-stop shop for customers' financial services needs.
Investors follow what stocks Warren Buffett buy. However, they lack a crucial detail in these strategies: Buffett's company, Buffett's Berkshire Hathaway Inc. NYSE: BRK.A, reported having $188.9 billion in cash last quarter, so any deal under $50 billion would be considered too small to move the needle.
Unilever is the most compelling turnaround story in European staples, according to analysts at Barclays, who have tweaked their price target up to £52 (£50 previously). After two consecutive strong volume quarters this year's second quarter could see a sizeable margin beat.
Megatech stocks have ruled the market for years. Some, however, have outpaced others, and Amazon.com Inc.
Apple Inc and OpenAI appear to be on the brink of unveiling a partnership that would open up a score of opportunities for each. “In essence, it changes the game having a tight partnership with OpenAI,” Wedbush said in a note, following media reports that the deal is all but done.
Merck said on Monday it had discontinued the arm of a late-stage study, which tested an experimental antibody-based drug with its blockbuster immunotherapy Keytruda for some patients with the most severe form of skin cancer.
Western Midstream has an impressive portfolio of assets and is managing to continue growth volumes. The company has an almost 10% dividend yield that it can comfortably afford. Despite the Occidental Petroleum risk, we expect the company to keep growing and generating strong returns, making it a valuable investment.
Gold traders are watching for signs that could either confirm the need for rate cuts or suggest a longer period of restrictive monetary policy.
You can retire early from the lottery, luck, or loving family member who leaves you a fortune.
Fevertree Drinks (AIM:FEVR) has taken aim at Aperol and the spritz market after it teamed up with one of the top French rosé wine producers to create a new product. In collaboration with Maison Mirabeau, the Provence-based winery, Fevertree is set to launch a new pale pink rosé spritz today.