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Oct 29 2024BUSINESS

Pfizer Posts Big Q3 Earnings, Raises Outlook

Pfizer, one of the world's largest pharmaceutical companies, surprised many analysts with its third-quarter earnings. The company reported earnings of $1. 06 per share, well above the expected $0. 61. Sales also exceeded expectations, coming in at $17. 7 billion compared to the projected $14. 92 bil

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Oct 29 2024FINANCE

Home Depot: A Retail Giant Weathering Economic Storms

Are you curious why Home Depot keeps thriving no matter what the economy throws at it? Renowned financial expert Jim Cramer has some interesting insights. He calls Home Depot a special stock – both secular and cyclical. That means Home Depot doesn't just rely on economic booms; it can keep growing e

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Oct 29 2024FINANCE

Why Japan's Markets Went Up Despite a Political Shake-Up

On Tuesday, markets in the Asia-Pacific region mostly rose, following the lead from Wall Street. Japan's Nikkei 225, for instance, inched up by 0. 77% and closed at 38, 903. 68, building on the previous day's gains. This happened even though Japan's ruling party, the Liberal Democratic Party, lost i

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Oct 29 2024BUSINESS

Yellow's Pension Claims: A Bankruptcy Judge’s Change of Heart

In a surprising turn of events, a federal bankruptcy judge in Delaware admitted an error in a previous ruling on Yellow Corp’s pension claims. The company, which filed for bankruptcy in August 2023, was initially told that its shareholders might have to pay out more than expected for pension claims.

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Oct 29 2024BUSINESS

Tesla's Stock Surge: Is the Autonomous Future Overhyped?

Tesla's stock prices soared by 16% after their latest earnings report for Q3 2024 showed better profit margins. That's good news for now, but is it enough to justify the sky-high valuation? Tesla's electric vehicle (EV) business is definitely making them money, but what about their plans for autonom

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Oct 29 2024FINANCE

Tesla's Stock Surges: Soaring Profits Drive Investor Enthusiasm

Tesla, Inc. (NASDAQ: TSLA) saw its stock jump after hours on Thursday as the electric vehicle (EV) giant revealed better-than-expected earnings per share (EPS) and profit margins. This good news calmed down worried investors who had been questioning the company's performance lately. In a recent disc

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Oct 29 2024FINANCE

Stocks See-Saw: Dow Down, Nasdaq Up on Tesla's Surprise Earnings

Investors had a rollercoaster day as the Dow Jones Industrial Average plunged over 200 points, while the Nasdaq Composite Index soared. This happened because Tesla's earnings report was a pleasant surprise. Tesla's stock jumped by 20% after the company announced better profits than expected. This is

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Oct 29 2024FINANCE

Intel’s Big Year: What’s Next for the Tech Giant?

This year has been tough for Intel's stock, dropping 55% while the S&P 500 rose 21%. The latest earnings report hit Intel hard, causing one of its biggest stock corrections. Now, everyone's eyes are on the upcoming earnings report, a critical moment for Intel and its investors. Intel has been a tec

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Oct 28 2024BUSINESS

Ford's Third Quarter Earnings: Looking for a Bounce Back

Detroit-based Ford Motor is gearing up to share its third-quarter earnings on Monday. Analysts from LSEG have compiled some predictions for us to keep an eye on. They think Ford might report earnings per share of around 47 cents after making some adjustments. For the automotive revenue, the target i

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Oct 28 2024BUSINESS

Tesla’s Stock Surge: Elon Musk’s Net Worth Jumps by $26 Billion

Elon Musk, the CEO of Tesla, saw his net worth jump by a whopping $26 billion in just one day. This massive increase came after Tesla’s stock had its best day since 2013, making Musk even wealthier. He now has an estimated net worth of $269 billion, which is more than $50 billion more than his frien

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