The Battle for Bitcoin Supremacy
Multiple fund companies compete for approval in launching a spot bitcoin exchange-traded fund (ETF) in the US. Final decisions are expected this week.
Tanzania's Gold-Export Value Sees 7.4% Growth
Tanzania's gold-export value grew by 7.4% in the past year, reaching $3.03 billion, driven by volume and global prices. Tanzania is a major gold producer in Africa.
CMO Group Expects Earnings Miss
London-based online retailer CMO Group expects lower earnings in 2023 due to decreased order values in construction industry. Total sales also expected to decline.
Saudi Aramco Cuts Crude Prices Amid Global Oil Price Weakness
Saudi Aramco lowers crude prices globally due to weakened oil market and increased production. OPEC+ extends production cuts into 2023. US crude demand rises.
Identifying Opportunities in Stock Market
Discover how falling analyst forecasts can signal a buying opportunity in the stock market. Explore the case of Beyond and its potential for improvement.
Finding the Right Strategy to Pay Off Credit Card Debt
Craft a strategic plan to tackle credit card debt in 2024 by exploring 0% balance transfer cards. Understand the benefits and risks involved.
Exxon Mobil Faces Impairment Charge in California
Exxon Mobil faces impairment charge in California as regulatory obstacles and environmental regulations affect Upstream Santa Ynez Unit assets. Chevron also taking a charge in the same quarter.
Rivian Automotive Stock Downgraded
Rivian Automotive stock has been downgraded due to the company's need for new models to sustain growth. Market performance, recent performance, and the reasoning behind the downgrade are discussed.
RPM International Expects Flat Sales in Fiscal Third Quarter
RPM International forecasts flat sales for its fiscal third quarter, with certain segments projected to grow while others decline. The company also revises its long-term sales projections downward.
Walgreens Boots Alliance Reduces Quarterly Dividend
Walgreens Boots Alliance decreases its quarterly dividend by 48% in its latest financial results, with adjusted earnings and sales in line with expectations. The company aims to strengthen its balance sheet and cash position.