At the end of February, Wall Street held its breath ahead of Nvidia’s report, fearing that controversial figures could destabilize the stock market. And it exhaled. Nvidia’s net profit for the quarter ended in January rose 80% year-over-year to $22 billion, even though operating expenses rose nearly 50% (profitability declined due to the transition to […]
The Economist writes that Boeing may have hoped that by allocating $1 million to Donald Trump’s inauguration fund, it would strengthen its relationship with the future President of the United States. However, on February 20, he delivered a verdict: “Not satisfied.” His discontent is linked to a contract the American aerospace giant signed during his […]
🚘 ❗️ Honda Motor, Nissan Motors, and Mitsubishi Motors have signed a memorandum of understanding to explore Mitsubishi’s potential involvement in a business integration through the creation of a joint holding company. This follows Honda and Nissan’s prior agreement centered on intelligence and electrification. Mitsubishi plans to decide on its participation in the business integration […]
🙅♂️ Yesterday, December 19, the Teamsters labor union launched the largest strike in U.S. history against Amazon. This nationwide action reportedly comes after Amazon repeatedly refused to comply with the law and negotiate with thousands of workers who have joined the Teamsters union. A warning from Teamsters President Sean M. O’Brien (I’ll get to him […]
💭 No publication is truly unbiased, but this analysis is essential 👉 Check out FT’s breakdown on which industries and companies stand to gain or lose depending on the election outcome ⤵
🌀 Hurricane Milton, a Category 3 storm, slammed south of Tampa, affecting a region with 3.3 million residents. Rising ocean temperatures are fueling more intense storms. Earlier this year, experts forecasted the most active hurricane season ever. While the Federal Emergency Management Agency (FEMA), in charge of hurricane relief, reports a funding shortfall, officials claim […]
Investment banking company Piper Sandler #PIPR has completed a comprehensive six-month study known as Taking Stock With Teens…
As the lines between the physical and virtual realms continue to blur, Walmart #WMT, the global leader in retail revenue, is reaching out to customers where they’re spending more and more of their time—in the rapidly expanding virtual domains
Disney (#DIS) submitted its capital expenditure blueprints for the Disney Parks, Experiences, and Products (DPEP) sector to the SEC yesterday, charting a ten-year plan aimed at scaling up to approximately $60 billion. This projection marks a twofold increase compared to Disney’s expenditure on parks and cruises during the previous decade
According to a McKinsey report from 2009, the world’s demand for fresh water is expected to be 40% higher than supply. The World Resources Institute, on the other hand, predicts that by 2030, worldwide demand for freshwater will exceed available supply by 56 percent…