Torrid Holdings Sees Strong Third Quarter Performance
Torrid Holdings reported better-than-expected sales in Q3, leading to a surge in stock value. The company raised full-year revenue guidance. CEO Lisa Harper is pleased with customer response.
Palantir Technologies Offers Immediate Jobs to Students Feeling Unsafe
Palantir Technologies is providing immediate job opportunities to 180 students feeling unsafe on college campuses due to rising anti-Semitism. This proactive approach aims to create a safer and more inclusive environment.
Looser Financial Conditions Leading to Uncertainty for the Federal Reserve
The positive sentiment in the markets clashes with the Fed's expectations, as looser financial conditions pose risks. The November rally and declining yields create challenges for the upcoming FOMC meeting.
Improved Forecasts Signal Improved Demand for Domestic Flights
JetBlue Airways raises forecasts for domestic flights, leading to increased airline stocks. Positive outlook for travel demand and revised Q4 projections.
UBS Approves Merger with Credit Suisse
UBS Group's board has given the green light for the merger between its subsidiaries, UBS AG and Credit Suisse AG. The merger is expected to be completed in 2024.
Oil Futures Rise after Five-Day Slide
Oil futures increase slightly after a five-day slide, driven by market factors and concerns about demand. Price action and market drivers explained.
Ivanhoe Mines Plans to Quadruple Exploration Budget in 2024
Ivanhoe Mines announces plans to quadruple exploration budget for 2024, focusing on the Western Foreland project in Congo.
DS Smith Reports Decline in Pretax Profit, CEO to Retire
London-listed packaging company DS Smith reports a decline in pretax profit for the first half of fiscal 2024, along with the retirement of its CEO, Miles Roberts. Despite challenges, the company has observed quarter-on-quarter volume impro...
Electric Vehicles: Learning from Luxury Car Buyers
Luxury car buyers may hold the key to the success of electric vehicles. Explore why luxury vehicles dominate the EV market, the factors that drive EV adoption among higher-end customers, and the importance of introducing affordable EV optio...
Crude Oil Prices Decline Despite Production Cuts
U.S. crude oil prices fall below $70 a barrel, reaching their lowest level since June, despite production cuts by leading oil-producing nations.