Masa Takeda, manager of the Hennessy Japan fund, likes insurance and semiconductor shares, and 7-Eleven parent Seven & I.
Long readMarkets
Interest rate cuts may not happen until much later this year or even 2025. But that is because the economy—and earnings— remain healthy.
4 min readThe private equity firm has underperformed in 2024.
4 min readThe company swung to a profit and reported record revenue for the first quarter.
2 min readThe companies compete in ride-hailing in the U.S., but they are very different.
4 min readShopify stock slumps after the e-commerce company posts a surprise loss and warns that the sale of its logistics business will weigh on second-quarter revenue growth, Uber swings to a first-quarter loss, and Lyft’s quarterly revenue jumps 23%.
4 min readThe platform saw a big rise in traffic from the Google search engine in the March quarter.
2 min readThe online travel company effectively quashed investors’ hopes for a sale while reporting earnings.
1 min readGains are suddenly petering out. The S&P 500 just can’t seem to move above the record closing high it hit in late March.
2 min readA successful launch would be a welcome positive moment for the embattled aerospace company.
2 min readTesla stock fell 3.8% on Tuesday and is extending losses Wednesday. It’s being pressured by a number of things.
3 min readFrom the Fed to the economy, things are still looking positive for stocks.
3 min readThe company’s CEO says its strategic shift away from generics is “still in its infancy.”
Long readThe Department of Commerce informs Intel that it is revoking certain licenses for exports of consumer-related items to a customer in China.
2 min readA drop in crude-oil inventories helped lift prices, while hopes rise for a ceasefire between Israel and Hamas.
1 min readThe consumer lending company reported a narrower-than-expected loss and offered strong guidance.
2 min readOn an unadjusted basis, the company reported a loss for the quarter and said the sale of its logistics business would weigh on revenue growth in the second quarter.
3 min readThe U.K. inflation rate fell to 3.2% in March from 3.4% in February. The comparable U.S. rate was 3.5% in March.
1 min readThe technology sector is losing momentum as earnings continue to paint a mixed picture, clouded by lofty expectations for AI-exposed shares.
2 min readThe provider of databases of customer contact information topped quarterly estimates for earnings and sales.
2 min read