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Categories Stock

Gold Fields eyes share buyback after 42% profit surge

Author admin February 20, 2025

Gold Fields, a prominent mining company listed as GFIJ.J, is contemplating the implementation of a share buyback program as a potential strategy

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Categories Stock

Americans fear Musk’s budget cuts could disrupt essential services, poll finds

Author admin February 20, 2025

A new Reuters/Ipsos poll has found that a majority of Americans are concerned that Elon Musk’s push to slash federal jobs could

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Categories Stock

Walmart stock drops 6% even after beating earnings estimates: here’s why

Author admin February 20, 2025

Walmart shares dropped around 5% in premarket trading on Thursday after the retail giant projected slower profit growth for the upcoming fiscal

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Categories Stock

Concerns of inflation hurting Walmart are overblown: here’s why

Author admin February 20, 2025

Walmart stock is down about 6% this morning after warning the inflationary pressures could weigh on its adjusted per-share earnings in 2025.Economists

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Categories Stock

Why Carvana stock is falling despite promising ‘significant growth’ in 2025

Author admin February 20, 2025

Carvana Co (NYSE: CVNA) sees “significant” further room for growth this year even though it already had a record 2024. The company’s

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Categories Stock

Why US oil and biofuel industries are uniting to influence Trump’s policies

Author admin February 20, 2025

US oil and biofuel groups have joined forces to lobby the Donald Trump administration, according to a Reuters report. The group is asking

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Categories Stock

BABA stock up by 8% as Alibaba reports strong quarterly profit on AI push, international e-comm growth

Author admin February 20, 2025

Chinese tech giant Alibaba Group Holding Ltd. reported strong earnings for the December quarter, with profit reaching 48.9 billion yuan ($6.7 billion).

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Categories Stock

Despite Q4 loss, Vale shares hold strong: what’s driving investor optimism?

Author admin February 20, 2025

Brazil’s Vale, one of the world’s largest mining companies, reported a net loss of $694 million in the fourth quarter, reversing its

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Categories Stock

Bumble stock drops 19% on weak user growth, revenue guidance; analysts cut price targets

Author admin February 19, 2025

Shares of dating app operator Bumble, Inc. tumbled more than 19% in premarket trading Wednesday after the company reported slower-than-expected user growth

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Categories Stock

Musk’s X reportedly in funding talks at $44B valuation—the price he paid for Twitter

Author admin February 19, 2025

Elon Musk’s social media company, X, is in discussions to raise new funding at a $44 billion valuation—the same price Musk paid

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