China state-owned firms’ profits up 0.4% y/y in 2024
BEIJING (Reuters) – Profits at China’s state-owned enterprises rose 0.4% in 2024 from the previous year, the Ministry of Finance said in a statement on its website on Sunday. That…
Can Europe’s space industry survive?
Investing.com — Europe’s space sector is grappling with a turbulent period marked by project delays, cost overruns, and mounting competition from global players. Airbus, a leading player in the industry, has…
Who is at risk of 25% USA tariffs in Europe?
Investing.com — President Donald Trump’s comments on potential 25% tariffs targeting imports from Canada and Mexico have sparked concerns among European companies that have supply chains in these two countries,…
Twilio stock soars 150%: what’s driving the rally?
Twilio Inc (NYSE: TWLO) is ripping higher this morning after setting bullish targets for the next few years at an investor day on Thursday. Shares of the cloud communications company…
What American Express earnings reveal about US consumer spending and economic trends
American Express Company (NYSE: AXP) earnings this morning suggest the US consumer is in no mood to slam the breaks on spending – at least on travel and entertainment. What’s…
GE Vernova (GEV) stock downgraded: what does the analyst rating mean?
GE Vernova (GEV), a leading power-generation technology company spun off from GE Aerospace in April 2024, has been on a remarkable run, with shares surging over 200% since its debut.…
S&P 500 slips from intraday highs as investors lock in profits after a strong week
The S&P 500 ended lower on Friday after setting fresh intraday records earlier in the session, as investors took profits following a strong week. Despite the pullback, major US indexes…
Top 4 hotel stocks to buy as the travel boom remains
The hotel industry has bounced back after the Covid-19 pandemic, as a combination of revenge travel and business recovery boomed. Most hotel companies have also embraced the licensing model by…
Who could buy TikTok in the US? Top 3 contenders
TikTok is up for grabs in the United States after President Donald Trump stepped in as its savior and delayed a law that could have forced it to cease operations…
ECB’s digital euro vs. Trump’s dollar-backed stablecoins: who will prevail?
The European Central Bank (ECB) has highlighted the need for a digital euro to address competition from dollar-backed stablecoins promoted by US President Donald Trump. ECB board member Piero Cipollone…