Higher education has experienced a surge of university closures in recent times. While data has been useful in comprehending the extent of these challenges, there are real individuals and locations behind the statistics. Last summer, I embarked on a traditional American road trip to visit defunct and dying colleges, documenting what the sector was losing … Read more
Investing.com — Shares of Micron Technology (NASDAQ: MU) fell by 2.5% on Thursday following an announcement by Samsung Electronics (KS: 005930) regarding advancements in its high-bandwidth memory (HBM) chip supply efforts. The news indicated that Samsung’s progress in key qualification tests could potentially allow the company to compete more effectively in the AI-driven semiconductor market, … Read more
Investing.com — Caterpillar Inc. reported third-quarter earnings and revenue that fell short of analyst expectations, sending shares down 5.3% in early trading on Wednesday. The heavy machinery manufacturer posted adjusted earnings per share of $5.17, missing the consensus estimate of $5.35. Revenue for the quarter came in at $16.1 billion, below the $16.37 billion analysts … Read more
Investing.com – European stock markets saw a slight decline on Wednesday as investors analyzed more quarterly earnings results and awaited regional growth data as well as the UK budget. At 04:15 ET (08:15 GMT), the DAX in Germany traded 0.4% lower, the CAC 40 in France fell 0.8%, and the FTSE 100 in the U.K. … Read more
China’s industrial profits took a sharp nosedive in September, marking the largest monthly decline of the year, according to official data released on Sunday. The profits plummeted by 27.1% compared to the same period last year, following a 17.8% drop in August. In the first nine months of the year, earnings fell by 3.5%, a … Read more
Greens leader on Trafford Council, Cllr Michael Welton, was addressing the authority’s executive during discussions on an expected deficit of £9.84m in its finances for 2024/25. It has been suggested that installing pelican crossings instead of using lollipop officers might lead to a saving of £100,000 for the authority. Sacking existing lollipop men and women … Read more
Verizon Communications (NYSE: VZ) saw a decline in its stock price today following disappointing revenue results. The telecom company attributed this to weakness in wireless equipment sales and a slow phone upgrade cycle. As of 11:44 a.m. ET, Verizon’s stock had dropped by 4.3%. Verizon’s core wireless service business showed steady growth, with revenue increasing … Read more
Investing.com – European stock markets started the new week on a subdued note, edging lower as investors focus on the future path of interest rates and the ongoing third-quarter earnings season. In Germany, the DAX traded 0.2% lower, while the CAC 40 in France fell 0.1% and the FTSE 100 in the U.K. dropped 0.1%. … Read more
By Colleen Howe BEIJING (Reuters) – Oil prices stabilized at the beginning of the week after experiencing a more than 7% decline last week due to concerns about demand in China, the world’s largest oil importer, and a reduction in worries about potential supply disruptions in the Middle East. Crude oil futures increased by 8 … Read more
According to technical analyst Mark Newton of Fundstrat, the stock market could experience a 7% correction by mid-November. Newton believes that investor complacency and weak seasonal trends could trigger this decline. However, he views any potential pullback as a buying opportunity, commonly known as a “buy the dip” strategy. Newton stated in a note to … Read more