Samsung announced its Galaxy S23 smartphone lineup on Wednesday. Samsung Samsung On Wednesday, it launched its latest lineup of flagship Galaxy smartphones, touting a better camera and improved gaming features as the South Korean tech giant tries to entice people to upgrade amid weak macroeconomic conditions and slumping consumer demand. The Galaxy S23 smartphone lineup … Read more
The club’s earnings season will reach a fever pitch on Thursday, when nine — yes, nine — companies in the Jim Cramer Charitable Trust will report quarterly results. A jam-packed earnings day saw the likes of industrial conglomerate Honeywell International (HON) and tech giants Apple (AAPL) and Alphabet (GOOGL). Stocks had a strong year, led … Read more
Adani Enterprises is strengthening while the subsidiaries of the group continue to decline shares Adani projects It rose 10% after seeing sharp losses in previous sessions as the company’s CFO expressed confidence in the IPO, which closes on January 31. The stock is still down more than 20% in the first month of the year. … Read more
Chuiyangliu Hospital, pictured in January 2023 in Beijing, has in the past few years finished renovations that have allowed daily patents to increase sixfold to 5,000 per day, according to official estimates. Yin Hun Chau | CNBC BEIJING — Health, sports and wellness top the shopping list for anyone in their late 20s or older … Read more
Hyundai reports stellar earnings in the fourth quarter Hyundai Motor recorded net income 1.710 trillion won ($1.4 billion) for the fourth quarter ending in December, registering a 143.8% year-on-year increase. Despite the excellent results, the reading was still shy of Refinitiv’s forecast for a net profit of 2.5 trillion won. The figure also indicates growth … Read more
font size AT&T expects to inject $24 billion in capital expenditures in part for 5G infrastructure development. David Paul Morris/Bloomberg AT&T Fourth-quarter earnings beat Wall Street estimates. A key metric for the wireless company also came in higher than expected. to AT&T (Stock ticker: T), the driver this earnings season is free cash flow. The … Read more
Passenger volume at Auckland Airport in New Zealand was 74% of pre-pandemic levels in November New Zealand’s Auckland Airport saw total passenger volume for November reach 74% of levels seen in the fiscal year to June 2019, or the last full year unaffected by the pandemic, according to the airport’s report. Monthly traffic update. The … Read more
Illustration by Albert Tercero font size Picking stocks in 2022 was no easy feat. The magic that made giant tech names drive the market higher year after year has suddenly run out. It turns out that much of the magic was provided by the Fed, who suddenly decided to throw out their wand. With the … Read more
By most measures, the new year is off to a good start. However, economists and business leaders alike anticipate that there are more challenging times ahead for the market and the economy. Year-to-date, the S&P 500 and Dow Jones Industrial Average are up about 4% and more than 2%, respectively, while the Nasdaq Composite is … Read more
The $1.4 trillion cryptocurrency market crash in 2022 did not affect traditional assets such as stocks or the real economy. But an academic warned that the failure of a major stablecoin could have an impact on the US bond market, pointing to a potential new area that investors need to watch as contagion continues to … Read more
