Jyoti Singh
Goldman Sachs Group Inc. has stated that global investors are exaggerating the risk of financial markets facing uncertainty due to a delayed result in the upcoming US presidential election. According to a note from Goldman’s Michael Cahill, Lexi Kanter, and Alec Phillips, market participants are overestimating the likelihood of a delayed outcome preventing financial markets … Read more
By Jeff Mason, Arlene Eiras and Steve Holland WASHINGTON (Reuters) – Democrat Kamala Harris cautioned a massive crowd in Washington at her largest rally ever that her Republican opponent Donald Trump was aiming for unchecked power as their race for the presidency neared its final week. Harris addressed an outdoor rally on Tuesday evening that … Read more
Pfizer’s CEO Albert Bourla responded to activist investor Starboard Value’s criticisms on Tuesday, as the drugmaker increased its revenue projections for 2024. Bourla defended Pfizer’s management and strategies, stating that the company was already on track for a successful turnaround. He expressed willingness to engage with shareholders, including Starboard, to consider ideas that would benefit … Read more
“ Amazon founder Jeff Bezos may not permit The Washington Post to publish its traditional endorsement of a presidential candidate, but he is willing to write and publish an op-ed explaining his decision. He claims that this is all in an effort to maintain unbiased journalism. Last Friday, The Post announced that it would not … Read more
Medallion Financial Corp. reported its third-quarter results for 2024, showcasing several highlights. Net income for the quarter was $8.6 million, or $0.37 per share, a decrease from the previous year’s quarter. Despite this, net interest income saw an 8% growth to $52.7 million, with loan originations reaching $275.6 million. The total loans grew by 13% … Read more
Lisa Harmony issued a warning to Donald Trump while standing outside her small grocery store in a predominantly Puerto Rican neighborhood of Allentown, Pennsylvania, one of the cities that will play a crucial role in next week’s US election. Two days after a right-wing comedian at a massive Trump rally in New York City referred … Read more
“ Google parent Alphabet exceeded revenue expectations on Wall Street in the third quarter financial results released on Tuesday, showing strong growth in the company’s main businesses and hinting at the potential benefits of its ongoing AI efforts. The company reported a 15% increase in revenue to $88.3 billion in the third quarter, surpassing Wall … Read more
Caesars Entertainment surprised investors with a third-quarter loss, falling short of market expectations. The company attributed the poor results to new competition and disruptions caused by construction in regional markets. Following the news, Caesars’ shares dropped by 4% in after-hours trading. Instead of the expected profit of 12 cents per share, Caesars reported a loss … Read more
“ Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It has been a challenging year for Boeing. It all began with a door panel detaching from a plane during a flight. Subsequently, machinists at the company went on strike. Recently, Boeing disclosed its … Read more
Nestled between the Caribbean Sea and a rainforest, Secret Bay is a luxury hotel that is consistently ranked as the best in the region. With rates ranging from $1,000 to $5,000 per night, guests can enjoy private plunge pools, access to pristine beaches, and relaxation in natural thermal springs in the resort’s secluded and lush … Read more