Outcome of process could free up more capital for bank stock buybacks, analyst says
Wag Group Co.’s stock tumbled 11% early Wednesday and was headed for a record low, after the platform for pet products offered preliminary quarterly numbers that lagged consensus and lowered its full-year guidance.
There are many factors that can drive a stock higher, but for Nvidia, organic revenue growth is paramount.
CNN is planning to cut about 100 jobs and launch its first subscription product later this year as it seeks to reduce its dependence on its cable-TV channel.
Virgin Galactic says that commercial operations of its new Delta spacecraft will begin in 2026.
Apple’s single-digit rate of sales growth “feels increasingly at risk” to Needham analysts. More robust advertising efforts could help.
HSBC is simplifying the structure of its investment bank by merging sector teams.
The deal will add a portfolio that includes in-house design and manufacturing of coil-wound heat exchangers and related equipment.
