Latest News of STIM
Vedanta Profit Beats Estimates Boosted by Metals, One-time Gain
By Yahoo! Finance |
16 hours ago
Vedanta Ltd. reported a net profit of 43.5 billion rupees for the September quarter, driven by higher metals revenue and write-backs. Earnings recovery eased debt concerns at Vedanta Resources Ltd. as...
China's stimulus plans are choking the profitability of its megabanks, analysts say
By CNBC |
19 hours ago
China's largest state-owned banks face declining profit margins due to Beijing's stimulus measures. Net interest margins at major lenders like ICBC and Bank of China have dropped significantly, impact...
Asia stocks sputter as focus shifts to China stimulus
By Reuters |
19 hours ago
By Kevin BucklandTOKYO (Reuters) -Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing's week-long leg...
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Morning Bid: Stocks at record peaks on stimulus hopes
By Reuters | 21 hours agoA look at the day ahead in European and global markets from FridayThe prospects for both big fiscal spending and continued monetary easing in the world's biggest economy make for a powerful cocktail, ...
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Jim Cramer Says Market is 'Underestimating' Meta Platforms (META)'s Ability to Dominante Ads Market
By Yahoo! Finance | 21 hours agoWe analyzed Jim Cramer's November Portfolio and discussed how Meta Platforms, Inc. (NASDAQ:META) compares to other stocks. Cramer predicted market reactions to political events, highlighting shifts in...
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Estimating The Fair Value Of Seremban Engineering Berhad (KLSE:SEB)
By Yahoo! Finance | 23 hours agoSeremban Engineering Berhad's intrinsic value is estimated using the Discounted Cash Flow model. The analysis considers future cash flows and a 2-stage growth model, incorporating a higher initial gro...
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Goldman Sachs BDC (GSBD) Beats Q3 Earnings Estimates
By Yahoo! Finance | 1 day agoGoldman Sachs BDC (GSBD) exceeded earnings expectations, reporting $0.58 per share compared to $0.57 estimated. However, revenue fell short at $110.41 million. The stock's performance and future outlo...
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Fiery testimony and protests erupt on day three of Daniel Penny...
By New York Post | 1 day agoA chaotic incident occurred outside the courtroom during Daniel Penny's manslaughter trial. Supporters of the deceased man, Jordan Neely, disrupted proceedings, causing disruptions and emotional outbu...
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News Corp posts record Q1 revenue to beat Wall Street estimates
By New York Post | 1 day agoNews Corp exceeded expectations with record first-quarter revenue of $2.58 billion, up 3%, driven by growth in digital real estate and book publishing. Net income jumped 148% to $144 million....
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Lucid's (NASDAQ:LCID) Q3 Sales Top Estimates, Stock Soars
By Yahoo! Finance | 1 day agoLuxury electric car maker Lucid (LCID) met revenue expectations in Q3 2024, reporting a 45.2% sales increase to $200 million....
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Rivian (NASDAQ:RIVN) Misses Q3 Revenue Estimates
By Yahoo! Finance | 1 day agoRivian (NASDAQ:RIVN) fell short of Q3 revenue expectations, reporting a 34.6% decline in sales. Despite meeting analysts' loss estimates, investors question the right time to invest....
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Yelp just spent $80M on a site for car repair estimates
By Yahoo! Finance | 1 day agoYelp has acquired RepairPal, a car repair estimate website, for $80 million. This move aligns with Yelp's expansion into the home services market, offering users suggestions for various service provid...
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Arista Networks Earnings, Revenue Top Estimates Amid Big 2024 Gain
By Investor's Business Daily | 1 day agoArista Networks (ANET) surpassed analyst expectations in Q3 earnings and revenue, leading to a 4 for 1 stock split. Arista's adjusted earnings rose 31% to $2.40 per share, with revenue increasing by 7...
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TC Energy cuts cost estimate for Southeast Gateway pipeline project | Globalnews.ca
By Global News | 1 day agoTC Energy Corp. announced that its Southeast Gateway pipeline project in Mexico is expected to be completed by mid-2025, 11% below budget at US$3.9 billion....
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Rare pair of Ming Dynasty jars smash auction estimate, selling for $12.5 million
By Yahoo! Finance | 1 day agoA pair of rare Ming Dynasty fish jars, dating back to the 16th century, sold for £9.6 million ($12.5 million) at auction, surpassing their estimated value....