News
Hannover Re Reports $54.8 Million Cost from Recent Riots in France
Hannover Re incurred a cost of $54.8 million from recent riots in France, along with other losses from natural disasters.
TUI: Strong Bookings and Profit Recovery
TUI reports strong bookings and profit recovery, with current summer bookings 6% higher than the previous year. The company anticipates a positive outlook and e...
Beyond Meat Shares Drop 20% as Annual Revenue Guidance Slashed
Shares of Beyond Meat have dropped by 20% as the company cuts its annual revenue guidance. Decreased demand for meat alternatives is the primary reason for this...
Super Micro Computer Inc. Shares Fall After Weak Outlook
Shares of Super Micro Computer Inc. fell after the company provided a weak outlook for earnings and revenue. Despite anticipated growth in AI technology, Super...
Rising Home Equity Provides Relief for Homeowners
Existing homeowners are finding relief in the soaring equity of their homes, providing financial advantages amidst rising home prices. Despite limited affordabi...
Consolidated Communications Reports Widened Loss in Q2
Consolidated Communications reports a widened loss in Q2 due to asset sale charge. Shareholders oppose buyout offer.
Building-materials supplier SIG reports lower first-half profit
SIG, a UK-based building-materials supplier, reported a decline in pretax profit for the first half of the year due to increased costs. Revenue increased, but u...
Market Update: Meta Platforms Inc. Rallies 1.88%
Shares of Meta Platforms Inc. rallied 1.88% in a positive trading session for the stock market. The article discusses the stock's performance, competitors, and...
Banks and Financial Institutions See Boost as Interest Rate Outlook Stabilizes
The stabilization of interest rates has led to a rise in shares of banks and financial institutions, creating favorable lending opportunities and alleviating co...
Lucid Group Inc. Shares Drop Amid Sales Event Announcement
Lucid Group Inc.'s stock declines as the company announces a sales event aimed at attracting buyers with special pricing and lease offers. The EV maker also add...