News
DraftKings Reports Strong Quarterly Results, Raises Full-Year Guidance
DraftKings reports impressive quarterly results, surpassing expectations with strong revenue and earnings growth. The company raises its full-year guidance, showcasing optimism for continued success. With soaring stock performance, DraftKings proves to be a market leader with promising prospects.
BorgWarner Inc. Misses Revenue Expectations and Cuts Sales Outlook
BorgWarner Inc. reports revenue miss and cuts sales outlook for electric-vehicle products due to production delays and lower volume ramp-ups.
Yelp Reports Strong Quarterly Results
Yelp Inc. reports strong quarterly results, exceeding analysts' estimates, with record-breaking net revenue and positive future projections.
Targa Resources Expects Permian Basin Production Volumes to Continue Rising
Targa Resources expects production volumes from the Permian Basin to continue rising, despite a decline in the third quarter. Company officials express confidence in future growth.
The West's Restrictions on Chinese Access to Microchips
Ray Dalio draws parallels between the West's restrictions on Chinese access to microchips and US policies towards Japan in the 1940s, highlighting the potential consequences. He also discusses the risk of internal conflict in both countries and their preparations for a possible war.
First Majestic Silver Reports Wider Loss in Q3
Shares of First Majestic Silver declined after reporting a larger loss in Q3, attributed to lower production and restructuring costs. The company's shares dropped on both the Toronto Stock Exchange and the New York Stock Exchange. First Majestic Silver's net loss for the quarter was $27.1 million, with decreased revenue and production compared to the same period last year.
Bitcoin's Journey and Future Outlook
Bitcoin's journey over the past 15 years and its future outlook as it decouples from equities amid expectations of higher interest rates. Implications for both bitcoin and equities.
Investing in SpaceX: A Unique Opportunity
Invest in SpaceX through ARK Venture Fund and be a part of the pioneering efforts in space exploration. SpaceX has emerged as the leading provider of space-launch services and is valued at $150 billion.
Canadian Natural Resources Boosts Dividend and Achieves Record Production
Canadian Natural Resources sees a boost in shares following news of a dividend increase and record quarterly production. The company's board of directors has approved an 11% increase to the base dividend, demonstrating confidence in the sustainability of the business model. The company reported strong financial performance with record production volumes, and also announced a planned leadership transition.
A.P. Moeller-Maersk Third Quarter Report
A.P. Moeller-Maersk is set to reveal its third quarter results, with significant decreases in revenue and earnings predicted. The container industry also faces challenges of overcapacity and declining demand.