Steel prices are the key driver of steel companies’ earnings. We saw a sharp rally in US steel prices this year after Section 232 tariffs. Steel companies like Nucor (NUE) and Steel Dynamics (STLD) are posting record earnings amid higher US steel prices. AK Steel (AKS) also posted its highest third-quarter earnings in a decade. Cleveland-Cliffs (CLF) also benefits from higher US steel prices.
Mortgage rates are lingering above the 7% mark for the second consecutive week, sparking reluctance amid prospective homebuyers to venture into the housing market. Against a backdrop of elevated borrowing costs, Yahoo Finance's Dani Romero joins Wealth! to dissect the financial implications of renting versus buying under the prevailing high-rate environment. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
AIX-EN-PROVENCE, France & SAN DIEGO, April 26, 2024--Regulatory News: Verimatrix (Euronext Paris: VMX) (Paris:VMX), announced that it has made available to the public and filed with the French financial market authority (the Autorité des marchés financiers – the "AMF") its universal registration document in French (Registration number D.24-0347).
Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.
Only 13 per cent believe he is being treated ‘about the same’ as other criminal defendants
Weekly Report (April 19-25, 2024) on the First Tranche of Stellantis 2024 Share Buyback Program AMSTERDAM, April 26, 2024 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its First Tranche of the 2024 Share Buyback Program announced on February 28, 2024, covering up to €1 billion to be executed in the open market during the period between February 28, 2024 and June 5, 2024, it has repurchased the following common shares in the period between April 19 up to and i
The couple also share daughters Ella, 20, and Grace, 13
As inflation data shows continued stickiness, the likelihood of an imminent Federal Reserve rate cut has diminished, prompting market readjustments. Zacks Investment Management Client Portfolio Manager Brian Mulberry joins Wealth! to discuss how stubborn inflation not only impacts rate cut decisions but also earnings expectations. Mulberry states that markets are undergoing "a repricing event" due to a higher-for-longer interest rate environment. He highlights that with the Fed's target of 2% inflation, there is not "enough information or data to truly determine what interest rates should be today" — forcing a shift in how "future earnings are going to be valued." "In this moment, the earnings in the current quarter aren't as important as the guidance over the next couple of quarters for investors right now," Mulberry told Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
New use of green came amid a host of design tweaks
The artist on how she went from the stereotype of ‘starving in a garret’ to one of the most in-demand portraitists in Britain
The president also criticized the media for going easy on Trump. "I think some of them are worried about attacking him," he told SiriusXM's Howard Stern.
The Horizon scandal inquiry reveals details of the biggest miscarriage of justice in UK legal history.
John Curtice says Boris Johnson’s No 10 lockdown parties and Truss’s economic catastrophe have made it impossible for Rishi Sunak to cling on to power
The Greener Grid Park would be located in Necton on a 30-acre site next to the A47.
Kate Hudson and her brother, Oliver Hudson, have been estranged from their father, Bill Hudson, for most of their lives
NEW YORK, April 26, 2024--Family-run communications agency 29 London officially announces their partnership with privately owned media company, Bobi Media based in New York City. Female-founded business owners Francesca Gamble (29 London) and Sarah Hill (Bobi Media) are building a bright future by combining the expertise of two boutique agencies to serve International audiences.
Cunningham played 31 games in the NFL with the Cardinals, Patriots and Giants.
Nearly a month after Queen Bey dropped her record-breaking album “Cowboy Carter,” Beyoncé’s documentary “Call Me Country: Beyoncé & Nashville’s Renaissance” is now available to stream Max. The documentary is produced by CNN FlashDocs and will highlight how high-profile artists like Beyoncé and Lil Nas X challenge the country music genre, and how their impact …
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
(Bloomberg) -- Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months, as Asian technology stocks got a boost from US corporate earnings that confirmed booming demand for artificial intelligence.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in Mar
In “Obi-Wan Kenobi,” Lucasfilm resurrected more with its 2022 series for Disney+ than just the eponymous Jedi Master, who’d gone into hiding after the events of “Star Wars: Episode III — Revenge of the Sith.” The show also rekindled his greatest conflict — perhaps his greatest failure — with former apprentice Anakin Skywalker, transformed by …
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