The stock market’s after-hours trading often reveals intriguing insights into the immediate reactions to recent earnings reports and future forecasts. Analyst predictions can heavily influence stock performance, and during recent trading sessions, some companies soared in value while others faced steep declines. This article will examine notable movements in after-hours trading, shedding light on the
The National Collegiate Athletic Association (NCAA) recently instituted a controversial policy affecting transgender student-athletes, aligning its guidelines with federal directives and sparking a wave of criticism from various advocacy groups. This move is not merely a procedural update but a significant redefinition of eligibility standards that impacts thousands of competitors across the nation. This article
In recent financial news, Strategy, formerly known as MicroStrategy, has established itself as a powerhouse in the realm of cryptocurrency, particularly Bitcoin. The firm’s aggressive accumulation of Bitcoin has resonated throughout the financial world, positioning it as the largest corporate holder of this digital asset. With claims of amassing 471,107 bitcoins—accounting for about 2% of
As the posturing around tariffs becomes increasingly prominent in U.S. economic policy, many are left questioning the feasibility of replacing income tax with tariff revenues. This notion, which President Donald Trump floated during his campaign and reiterated during meetings with lawmakers, has been met with skepticism from economists and financial experts alike. The complexities surrounding
The recent introduction of new tariffs by the U.S. government, particularly by former President Donald Trump, has sent ripples through various industries; toy manufacturers like Mattel are no exception. With roughly 40% of its production based in China, Mattel faces significant challenges as political tensions affect supply chain dynamics. During a recent earnings call, finance
In an environment marked by fluctuating crude prices and diminished fuel demand, French oil major TotalEnergies reported a striking decline in its annual earnings for 2024. The company announced an adjusted net income of $18.3 billion, representing a 21% drop from the preceding year’s figure of $23.2 billion. While this figure surpassed analysts’ expectations of
As the spring housing market approaches, potential homebuyers are exhibiting caution rather than urgency. Despite a modest increase in available listings, many buyers remain hesitant to enter the market. This reluctance can be attributed to stagnant mortgage rates and a consistent climb in home prices, which continue to outstrip buyer expectations and affordability. Last week,
General Motors (GM) has made the difficult decision to significantly reduce the workforce of its self-driving subsidiary, Cruise, laying off approximately half of its employees. This decision comes on the heels of a strategic pivot away from the robotaxi business, which has failed to yield sustainable results after a hefty investment exceeding $10 billion since