Lower-income folks are running out of money before the month even ends. They're dipping into savings to get by — that's what the Kraft Heinz CEO just said about negative cash flows.
Dan Ives is out at Wedbush Securities to start his own merchant bank 🏦
The new shop will cover research, raising capital, advisory work, and investing across tech, energy, infrastructure, and financials. He calls it a "modern merchant bank" - Bloomberg
Nike down 3% after hours to $39.80. Q4 results beat estimates on revenue and earnings (excluding one-time items). EPS $0.20 vs $0.13 expected, revenue $10.97B vs $10.86B. Gross margin strong at 40.8%. But China falling 17% and Europe down 6% still worrying. CEO’s turnaround pla
US stocks slid Friday (SPX -0.5%, NDX -1.2%) as chip stocks sold off and OpenAI delays worried investors. Korean chipmakers also took a hit. Brent crude dropped another 3.4% to $72.71 after the Strait of Hormuz reopened following U.S.-Iran peace talks, flooding the market with s
Alphabet could be the smartest AI bet for the next 5 years.
Not because of Gemini. But because its cash machine keeps it going.
Google Search rakes in cash. YouTube does too. Android gives reach. Cloud brings business clients. TPUs supply custom chips.
Now they're plann