U.S. Credit Profile Downgraded by Fitch Ratings
Fitch Ratings downgrades the U.S. credit profile from AAA to AA+ due to fiscal deterioration, increasing government debt, and governance problems. The agency predicts a mild recession for the U.S. economy. Despite concerns, some positive as...
CI Financial Rebrands U.S. Wealth Management Business as Corient
CI Financial rebrands its U.S. wealth management business as Corient, marking a new identity for the company and its commitment to the market.
Advanced Micro Devices Inc. Reports Q2 Earnings
AMD reports its Q2 earnings, highlighting its focus on AI and data-center products. Impact of Intel's sales and analyst projections for Q3 included.
President Biden to Address Climate Change Efforts During Trip to Arizona, New Mexico, and Utah
President Biden will address climate change efforts during his trip to Arizona, New Mexico, and Utah, highlighting his administration's ongoing initiatives. The trip comes amidst record-breaking temperatures in the region.
Kforce Reports Second-Quarter Financial Results
Kforce reports Q2 financial results with higher earnings but lower revenue. Outlook for Q3 and actions taken to address economic uncertainty.
Ecolab Set to Report Strong Second-Quarter Results
Analysts anticipate that Ecolab will report strong profit and adjusted earnings growth in the second quarter, along with an increase in revenue. Key factors to watch include the company's pricing strategy and margin improvement. Industry st...
Keyarch Acquisition Enters $100 Million Agreement with Zooz Power
Keyarch Acquisition has announced a $100 million agreement with Zooz Power, listing it on Nasdaq and Tel Aviv Stock Exchange. The deal will strengthen Zooz Power's market position and capitalize on the growing demand for ultra-fast power bo...
National World Expects Revenue to Exceed Previous Year's
National World, a London-listed news publisher, expects its revenue for 2023 to exceed the previous year's, despite a decline in first-half profits.
Biggest Movers of the Day
This article highlights the major stock gainers and decliners of the day, including PacWest Bancorp, Alphabet Inc., Dish Network Corp., and Wells Fargo & Co.
Elon Musk's X Blocks San Francisco Building Inspectors
Building inspectors in San Francisco are denied access to Elon Musk's X headquarters due to an illegal rooftop structure, held in place by sandbags. X representatives claim it is a temporary lighted sign for an event. Twitter, now known as...