Italy's MPS profit tops forecast as recovery gathers pace Italy's Banca Monte dei Paschi (MPS) beat first-quarter net profit forecasts on Tuesday, helped by higher revenue, and said it would update its medium-term targets next quarter as its recovery is ... 05/7/2024 - 12:07 am | View Link
Italy to Inject €150 Million Into Struggling Ilva Steelworks Italy’s cabinet approved a €150 million financial package for the country’s biggest steelworks after putting the embattled business into state-led administration earlier this year. Most Read from ... 05/6/2024 - 7:49 am | View Link
What's really driving the gold price surge? Returning to gold, the price is surging due to increased geopolitical tensions - wars in Ukraine and Gaza, the Israel-Iran conflict, Houthis firing on commercial ships in the Red Sea, and the threat ... 05/6/2024 - 3:02 am | View Link
These 7 Stocks Make Up 84% of Warren Buffett's $336 Billion Stock Portfolio Investors can learn a lot about Warren Buffett's strategy just by looking at the list of Berkshire Hathaway's top stocks. 05/4/2024 - 8:22 pm | View Link
Investors Were Burned by European Banks for Years—Until Now After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged. 05/4/2024 - 4:00 pm | View Link
It wasn’t quite an AMA, but Reddit executives fielded a few questions submitted by Redditors on the company’s first earnings call. Here’s how it went.
Reddit has always marched to the beat of its own drummer—so when it came time for its first earnings call as a public company, it had no plans to alter that strategy.
Tinder’s paying user base declined 9% from the same time a year ago to just under 10 million.
Tinder continued to lose paying users in its first quarter, with Match Group CEO telling investors Tuesday that the company expects to slow user declines in the back half of this year.
Lyft is benefiting from the industry-wide trend of a pickup in ride-hailing demand and its strong execution of new functionalities.
Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits from new user and driver features.
Along with original beams, there are also original ladders from the barn structure in the house. Records show the property dates back to at least the late 1800s.
The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US.
“So far the requests have been to keep manufacturing and supply chains completely separate, but if the partnerships with China would become a problem for the US, we will divest,” said Amit Midha, the chief executive officer of Alat, an investment firm backed by $100 billion in capital from the Public Investment Fund.
[time-brightcove not-tgx=”true”]
US officials have told their Saudi Arabian counterparts that they need to choose between Chinese and American technology as they aim to build out the Saudi Arabian semiconductor industry, Bloomberg has reported, as part of ongoing talks on a range of national security issues.