News
Oil Prices Expected to Rise in 2022
Analysts predict rising oil prices for 2022, with Brent crude expected to average $82.26 a barrel in Q1.
Imperial Oil Sees Share Increase
Imperial Oil's strong fourth-quarter performance exceeded expectations, leading to a share increase. Financial performance, production results, and dividend increase discussed.
AbbVie Outperforms Revenue Expectations and Raises Sales Outlook for Key Immunology Drugs
AbbVie exceeded revenue expectations in Q4 and updated long-term sales outlook for prominent immunology drugs. Although Humira revenue declined, AbbVie remains optimistic.
Nvidia Shares Soar as Tech Giants Invest in AI Technology
Nvidia shares rise following positive earnings reports from Meta Platforms and Amazon.com, signaling the tech companies' commitment to AI technology. Stock price surge reflects broader upward trend in computing hardware providers.
Regretting a Crypto Ad: Larry David Reflects on His Commercial for FTX
Larry David reflects on his regretful involvement in a commercial for FTX, a now-defunct cryptocurrency exchange. Examining the crypto industry's golden era and the future of Bitcoin in relation to emerging ETFs.
Tesla Shareholders to Vote on Incorporation
Elon Musk will allow Tesla shareholders to vote on relocating the company's incorporation to Texas, following the nullification of his pay package.
ABB Ltd. Reports Strong Performance in Q4 2023, Expects Growth in 2024
ABB Ltd. records strong performance in Q4 2023, surpassing expectations with net profit of $921 million and revenue of $8.245 billion. The company maintains steady orders and proposes increased dividends. ABB forecasts positive growth indicators for 2024.
BNP Paribas Lowers 2025 Profitability Target
BNP Paribas lowers its 2025 profitability target and return on tangible equity due to regulatory factors and decline in net profit in the fourth quarter.
Extreme Networks Stock Plummet Amid Supply-Chain Issues
Extreme Networks stock plunges 17% after disappointing guidance and supply-chain challenges. CEO remains optimistic for future recovery.
Volkswagen AI Lab: Driving Innovation in Passenger Vehicles
Volkswagen launches AI Lab to integrate AI technologies into passenger vehicles, collaborating with leading tech companies to bring innovative features to life.