Well, it seems like Boeing is still facing a bumpy ride with its Starliner commercial crew program. In a recent press release, the company admitted it's bracing for some more financial hits. They're expecting to take a $400 million beating, along with some other programs like the VC-25B presidential
American Airlines recently announced its first-quarter earnings outlook, and it’s not what Wall Street was hoping for. The airline expects a bigger loss than expected, with a forecast of 20 to 40 cents per share, which is quite a bit more than the 4 cents analysts were bracing for. The reason? Lower
Stocks are soaring, with the S&P 500 reaching its highest point ever. This uptick follows a drop in the 10-year Treasury yield, which has been fueling the market's growth. However, on Wednesday, the yield slightly increased, going back up to 4. 6%. The dollar also hit a two-week low, causing some fr
The UFC 311 event in Inglewood, California, was a big night for many fighters, with 12 of them taking home hefty six-figure paychecks. Leading the pack was bantamweight champ Merab Dvalishvili, who earned a cool $500, 000. His opponent, Umar Nurmagomedov, wasn't left out either, pocketing $100, 000.
Get ready for a big change in the social media world! TikTok, the popular video app with over 170 million US users, is set to be shut down in the US next Sunday. This is happening because of a law passed by Congress back in April, which requires TikTok’s Chinese parent company, ByteDance, to sell it
This week, the earnings season begins with six major U. S. banks and a significant health insurer ready to share their results. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley, and Bank of America are all set to report their fourth-quarter earnings. UnitedHealth, a key player i
Delta Air Lines is kicking off 2024 with high hopes, as they've just shared their first-quarter forecast. The airline expects to generate over $4 billion in free cash this year, which is an 18% increase from 2024. They're aiming for annual adjusted earnings of over $7. 35 per share, a significant ju
Steven Delaney from JMP Securities is sticking to his guns on NexPoint Real Estate Finance (NREF). He's kept the company's rating at "Hold, " just as he did before. Last Wednesday, NREF's shares closed at $15. 38. But is Delaney, who’s known for getting it right 56. 07% of the time and averaging an
Olivia Dunne, the once-shining star of college sports NIL rankings, finds herself in a surprising predicament. As of January 2025, she still holds the title of the highest-paid woman in college sports, but her rank has been slipping. Previously sitting pretty at 2nd place, she's now dropped to 6th.
The new year has kicked off, and investors are eager to see how things shape up. With Donald Trump becoming the 47th U. S. President, the financial scene is expected to shift. Both stock and crypto markets might feel the impact. First, let's talk about the markets. The New York Stock Exchange and N
