Month: January 2020

Franco-Italian chipmaker STMicroelectronics’ fourth-quarter results beat analysts’ estimates on Thursday as demand for chips dedicated to the next generation of smartphones and low-emission cars helped offset a slowdown in more traditional products. STMicro’s results reflect a wider industry move towards more sophisticated semiconductors within the telecoms, auto, and manufacturing sectors, as equipment makers gear up
0 Comments
Shannon Stapleton | Reuters Peloton Wedbush recently initiated coverage of the exercise equipment maker with an outperform rating and believes the sky’s the limit for the company. The firm called Peloton’s business an “enduring force” and is bullish on the company’s ability to hold and retain customers in its subscription business. “Today, this business is
0 Comments
ferrantraite “Adulting” with your money. You’ve got this. Your money is like anything else you need to learn. It seems crazy complicated at first, then bit by bit you learn more, until you realize it’s more accessible than you thought. Even though the adult world has many confusing concepts, remember that most people are not
0 Comments
A worker prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Texas Instruments forecast first-quarter revenue above market expectations on Wednesday on signs of stable demand for microchips, indicating that a prolonged slowdown in the semiconductor
0 Comments
Mike Rasnic sits on the front porch of his home which is surrounded by floodwater on March 22, 2019 in Craig, Missouri. Scott Olson | Getty Images The risks of climate change are already impacting investors, with increasingly frequent climate disasters like wildfires, drought, flooding and heatwaves threatening business operations and properties across the world.
0 Comments
As fears of the coronavirus grow, stock prices are likely to contract and investors should be prepared for buying opportunities, CNBC’s Jim Cramer said Friday. “We’ve got a huge number of companies reporting next week, but the biggest story by far will be the coronavirus outbreak,” the “Mad Money” host said. “If a high-quality stock
0 Comments
Procter & Gamble on Thursday reported mixed quarterly results. Shares of the company fell 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.42, adjusted, vs. $1.37 expected Revenue: $18.24 billion vs. $18.37 billion expected Excluding items, the
0 Comments
Richard Sharrocks A case before the Supreme Court has the power dramatically reshape how the U.S. government polices financial fraud and other misdeeds against consumers — which many experts fear would weaken existing protections and expose the public to more harm. The case, which concerns the Consumer Financial Protection Bureau, could ultimately lead to the
0 Comments