Data analysis specialist Palantir (NYSE: PLTR), a former meme stock, has fallen on hard times. Or will there be more pain ahead for Palantir? Palantir's platform is used by businesses and governments to process massive amounts of data and pinpoint trends to guide decisions.
FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost for the school's name, image and likeness compensation efforts. The Memphis-based shipping giant said the program will initially focus on football, men’s and women’s basketball and other women’s sports. The deal was facilitated by Altius Sports Partners, a company that works with dozens of schools on NIL activities.
SFL Corporation Ltd. (NYSE: SFL) ("SFL" or the "Company") has today notified Nordic Trustee AS that it will exercise the call option to redeem all outstanding bonds under its senior secured bond issue 2019/2024 with ISIN NO0010853609. Reference is made to the attached notice from Nordic Trustee AS for further information about the call option. April 19, 2024 The Board of DirectorsSFL Corporation Ltd.Hamilton, Bermuda Investor and Analyst Contacts:Aksel Olesen, Chief Financial Officer, SFL Manage
The Russell 2000 Index (^RUT) has been underperforming the broader S&P 500 Index (^GSPC) year-to-date. As the prospects of an imminent interest rate cut by the Federal Reserve have diminished, investors have grown increasingly cautious about small cap companies' exposure to debt. Yahoo Finance's Josh Schafer breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Dublin, April 19, 2024 (GLOBE NEWSWIRE) -- The "DOAS Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.The global DOAS market size has grown strongly in recent years. It will grow from $4.12 billion in 2023 to $4.48 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to the demonstrated benefits in energy savings, increased adoption in commercial and institutional settings, a focus on enhancing o
Morgan Stanley's North America head of consumer and retail equity capital markets (ECM) Tilli Dias Passi will leave the bank, according to people familiar with the matter. Passi is taking an indefinite break and is not immediately joining a rival bank, the sources said, requesting anonymity as the matter is confidential. New York-based Passi has been with Morgan Stanley for 18 years, according to her LinkedIn profile.
Jágr began his NHL career in 1990 with the Pittsburgh Penguins.
An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site, according to a note from shipping company Williams Brazil. The company said the shiploader collapsed and a part of the machine fell inside the cargo hold of a vessel that was docked at the port to load raw sugar. The press service at the Recife port said it would check the situation and have further information about the status of the sugar terminal later on Friday.
Dublin, April 19, 2024 (GLOBE NEWSWIRE) -- The "Automotive Lithium-ion Battery Cell Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.The global automotive lithium-ion battery cell market size has grown exponentially in recent years. It will grow from $80.36 billion in 2023 to $102.11 billion in 2024 at a compound annual growth rate (CAGR) of 27.1%. During the historical period, the growth in automotive lithium-ion battery cells can be attributed to several fa
Netflix (NFLX) stock is falling Friday morning despite reporting breakout growth of 9.3 million new subscribers in its first-quarter earnings report. Going forward, the streaming giant will not be disclosing subscriber figures in future earnings results. Citi Managing Director Jason Bazinet sits down with the Morning Brief to highlight the "anxiety" that could manifest in investors from Netflix withholding this core data. Netflix's ad-supported tiers and password-sharing crackdown have proven to be a boon to revenues and the streamer's subscriber count. "What they [Wall Street] want to see is when we begin to lap some of these password-sharing benefits, what's going to carry the water? How are they going to get these net ads?" Bazinet explains. "So right about the time that the benefit of password sharing fades, people want to see the sub numbers to see how well the ad tier is doing." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Ally Financial Inc. (NYSE:ALLY) Q1 2024 Earnings Call Transcript April 18, 2024 Ally Financial Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and thank you for standing by. Welcome to the Ally Financial First Quarter 2024 Earnings […]
Softcat (LON:SCT) has had a great run on the share market with its stock up by a significant 15% over the last three...
The Russian broker organising an asset swap scheme that could free up frozen funds for Russian and foreign investors would consider unblocking around $500 million worth of funds a good result, its head told Reuters on Friday. Moscow presents the plan as a way for both Russian and foreign investors to free up assets that have been blocked by Western sanctions and Russian counter-measures since the start of the conflict in Ukraine more than two years ago. Under the swap deal, foreign investors would have the opportunity to use funds frozen in Russia to buy the assets of Russian companies that have been immobilised in Europe - and vice versa.
Shares of Trump Media & Technology Group (DJT) are trading higher on Friday after the company's CEO, Devin Nunes, sent a letter to the Nasdaq asking for help enforcing short-selling rules. In the letter, Nunes raised concerns about potential market manipulation by naked short sellers he believes are targeting the stock. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Dublin, April 19, 2024 (GLOBE NEWSWIRE) -- The "Aerospace Additive Manufacturing Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.The global aerospace additive manufacturing market has grown exponentially in recent years. It will grow from $3.14 billion in 2023 to $5.38 billion in 2024 at a compound annual growth rate (CAGR) of 71.4%. The expansion observed in the historical period can be credited to several factors, including the focus on weight reduction an
Next Stop Paris will be a romantic story, written by humans, but with visuals created by artificial intelligence
Our NBA experts make their predictions for every first-round series in the playoffs.
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
Marsh & McLennan Companies, Inc. (NYSE:MMC) Q1 2024 Earnings Call Transcript April 18, 2024 Marsh & McLennan Companies, Inc. beats earnings expectations. Reported EPS is $2.82, expectations were $2.79. MMC isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to […]
Fantasy baseball analyst Andy Behrens offers up a series of pickups to assist every manager, starting with a duo of Rockies ahead of a Colorado homestand.
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