Last week, Walt Disney announced a better-than-anticipated 26% increase in revenue thanks to record performance at its theme parks sector and the addition of more new subscribers to its main streaming video platform Disney+.
Go Deeper (2 min read)Shopify's platform is now being avoided by companies hurt by rising prices and decreasing consumer spending, which is impeding its efforts to correct previous errors in overestimating e-commerce demand.
Go Deeper (2 min read)The semi-conductor chip shortage is easing, according to Hyundai, ABB, and Swedish refrigerator giant Electrolux. This is encouraging for manufacturers following a protracted search for parts.
Go Deeper (3 min read)CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm with $27.7 billion in revenue and $141.9 billion in AuM as of Dec. 31, 2021.
Go Deeper (10 min read)Despite worries about slowing growth, Berkshire Hathaway's operating profits increased in the second quarter, but Warren Buffett's conglomerate was not immune to the general market turbulence.
Go Deeper (2 min read)At this week's Farnborough Airshow, Boeing released big order announcements from Delta Airlines and other carriers for its troubled 737 MAX jet. Rival Airbus added to its A320neo order book with orders from EasyJet and a mega-order for almost 300 jets from Chinese airlines.
Go Deeper (2 min read)On the political side, some European countries are turning themselves into the poster child of what happens when growth is low for several years, debt rises and social policies take a more important place on the agenda than economic progress
Go Deeper (2 min read)On Wednesday, the spread between the 2-year Treasury yield and the 10-year Treasury yield increased to its highest point since 2000. The spread increased following the U.S.' consumer price index release which reported an inflation of 9.1% year-on-year in June.
Go Deeper (2 min read)According to a poll by the People's Bank of China, the inclination of Chinese consumers to save money is at its greatest level in twenty years.
Go Deeper (2 min read)Micron Technology designs, produces, and distributes memory and storage products such as USB flash drives, flash memory, and dynamic random-access memory. It is the fourth largest semiconductor company in the world and has its main office located in Boise, Idaho.
Go Deeper (9 min read)Something incredibly unexpected is happening right now. The first quarter's economic output decreased, and indications point to a repeat of that trend in the second. Nevertheless, during the first half of the year, the job market shown few signs of weakness.
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