How a second Trump presidency could impact electric vehicles and clean energy policies
The possibility of Donald Trump securing a second term as President of the United States raises significant questions about the future of electric vehicles (EVs) and clean energy in the US. While Trump’s administration was known for its controversial stance on
Royal Caribbean Q2 earnings: Cruise operator raises full-year earnings guidance, reinstates dividends
Royal Caribbean Cruises Ltd. has raised its full-year earnings guidance following an exceptionally strong second quarter, driven by high demand for its cruises.The Miami-based company reported net income of $854 million, or $3.11 per share, for the second quarter,
MaxLinear stock plunges 30% after Q2 earnings miss, Needham downgrades: What investors need to know
MaxLinear Inc. (NASDAQ: MXL), a prominent player in the radio frequency and mixed-signal integrated circuits sector, has experienced a dramatic 30% drop in its stock price following a disappointing Q2 2024 earnings report. The company’s performance fell significantly short of investor
Jet fuel prices fall to $2.39: How this affects your airline ticket prices and aviation industry trends
Jet fuel prices have seen a dramatic drop, now standing at $2.39 per gallon as of July 2024, marking a significant 42% decrease from their peak in 2022. This reduction is a welcome shift for the aviation industry, which faced severe
Chipotle earnings surge: Revenue up 18%, but margins under pressure
Chipotle Mexican Grill (NYSE: CMG) delivered a solid performance in its second-quarter earnings report, showcasing a strong revenue increase and impressive customer engagement despite ongoing inflationary pressures. The company reported quarterly revenue of $3 billion and earnings per share (EPS) of
Filecoin (FIL) plummets 12% despite growing ecosystem and Grayscale recognition
Filecoin (FIL) is facing a significant downturn, with its price dropping to approximately $4.18, marking a 12% decline from recent highs.This drop comes after a sharp 8.5% decrease in just one day, raising concerns about the token’s near-term performance.
Apollo to acquire UK parcel delivery company Evri for £2.7 billion
US investment group Apollo has struck a deal to buy UK parcel delivery company Evri, gaining control of a significant competitor to Royal Mail.The acquisition is valued at approximately £2.7 billion, according to sources familiar with the matter.This