As the electric vehicle (EV) transition lags behind expectations, hybrids are proving to be a financial boon for carmakers like Toyota (TM) and Honda (HMC). Toyota, which launched the world's first hybrid...
Marathon Asset Management has capitalized on the latest meme-stock rally of AMC Entertainment Holdings (AMC), significantly benefiting from the cinema chain's stock surge. Bruce Richards, CEO of Marathon,...
Goldman Sachs (GS) has raised $3.5 billion in bonds, marking the third time the financial giant or one of its units has tapped the investment-grade market in just over two months. The latest issuance,...
Peloton (PTON) has engaged JPMorgan (JPM) to raise approximately $850 million through a new loan sale aimed at refinancing existing debt, according to insiders familiar with the matter. JPMorgan has started...
AT&T (T) has entered into a strategic partnership with satellite provider AST SpaceMobile (ASTS) to deliver space-based broadband directly to cell phones. This collaboration, formalized after years of...
Cisco Systems (CSCO) has projected an optimistic fourth-quarter revenue forecast, surpassing Wall Street estimates, as enterprise spending rebounds and supply chain constraints ease. This positive outlook...
Citadel Securities has reported a net trading revenue of $2.3 billion for the first quarter of 2024, marking a 68% increase year-over-year. This surge sets the market-making firm, founded by billionaire...
Warren Buffett’s Berkshire Hathaway (BRK.A) has disclosed a significant new investment in the insurance sector, revealing a $6.72 billion stake in Chubb. This revelation ends months of speculation about...
In light of Peabody Energy Corporation’s recent appearance on Barchart's death cross screener, investors may find cause for concern. Historically, similar occurrences have preceded notable downturns...
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. US stock indexes...