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Eurozone Industrial Output Slows in May
Industrial output in the eurozone was lower than expected in May, indicating the impact of rising interest rates on the bloc’s economy. According ...
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Carvana Co. Stock Drops After J.P. Morgan Analyst Downgrades Rating
Shares of Carvana Co. took a hit on Thursday following a remarkable rally this year. J.P. Morgan analyst Rajat Gupta recommended that investors ...
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U.S. Natural-Gas Supplies Increase in Storage
According to the U.S. Energy Information Administration (EIA), U.S. natural-gas supplies in storage saw a rise of 49 billion cubic feet for the ...
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Delta Air Lines Expects Strong Demand for Air Travel Beyond Summer
Delta Air Lines Inc. is confident that the demand for air travel will continue to rise even after the summer season. With the ...
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Coinbase Shares Surge Following Ripple Token Ruling
Shares of Coinbase Global Inc. experienced a significant rally on Thursday after a federal judge determined that Ripple Labs’ token was not classified ...
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Canopy Growth Corp Reduces Debt and Interest Costs
Canopy Growth Corp (CGC, WEED) announced on Friday that it has reached agreements with its lenders to delever its balance sheet by a ...
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Funko CEO Takes Leave of Absence
Shares of Funko, the popular toymaker, plummeted by over 20% as news broke that Chief Executive Officer Brian Mariotti will be taking a ...
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Silver Linings in the Market
The recent performance of the S&P 500 and Nasdaq Composite has been nothing short of impressive. Despite a slight dip on Friday afternoon, ...
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Quarterly Earnings Season: A Potential Shift
As the quarterly corporate earnings reporting season approaches, analysts are predicting a departure from the norm. Traditionally seen as a buying opportunity for ...