TotalEnergies Signs Agreement to Acquire Kyon Energy
TotalEnergies plans to acquire Kyon Energy, a battery-storage systems developer in Germany, boosting its energy storage portfolio. Kyon Energy has an impressive track record and an extensive project pipeline in the energy storage market. Th...
Industrial and Transportation Stocks Surge as Recession Worries Ease
Industrial and transportation stocks experience a significant surge as optimism grows that the United States will avoid a recession. The FAA urges airlines to inspect Boeing jets due to safety concerns. Forward Air proceeds with reduced pri...
SentinelOne Sees Surge in Trading After Positive Research Note
SentinelOne's stock prices surge after an optimistic research note from BTIG, highlighting growth potential and positive feedback on the company's performance.
Tech Shares Dominate January Rally
Tech shares have played a major role in the recent January rally, propelling the S&P 500 to reach record levels. However, analysts suggest a potential shift in leadership for February.
Nidec Corp. to Report Strong Third-Quarter Results
Nidec Corp. is set to announce its third-quarter financial results, with its net profit projected to more than double. Investors will monitor EV motors, margins, and outlook.
Record Outflows from U.S. Sustainable Funds in 2023
Investors have withdrawn a staggering $13 billion from U.S. sustainable funds in 2023, citing lackluster returns and growing skepticism towards ESG investing. Despite the outflows, assets in sustainable funds reached $323 billion by the end...
Court Affirms Ban on Roku Streaming Products for Patent Infringement
Court upholds ban on Roku streaming products for patent infringement, allowing Universal Electronics to seek monetary damages in the U.S.
Renting vs. Owning: The Affordability Dilemma in the U.S. Housing Market
Renting is a more pocket-friendly alternative compared to owning a home in the U.S. housing market, as revealed by a study by Attom. Home prices continue to surge, making homeownership more costly.
The Tide is Turning for AT&T
AT&T is experiencing a positive shift as analysts upgrade the company's stock and revenue forecasts. Obstacles are overcome, and the company is well-positioned to benefit from network improvements, broadband success, merger opportunities, c...
British Retailers Experience Steepest Sales Decline in Nearly Three Years
In December 2023, retail sales in the UK fell by 3.2%, marking the most substantial month-on-month drop in spending since January 2021. The combination of high interest rates and the slowdown in the UK's job market is now having an impact o...