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Politics

Biden Calls Economy ‘Strong’ Despite Poor GDP Growth

The White House, Public domain, via Wikimedia Commons By Casey Harper (The Center Square) President Joe Biden defended newly released…

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Argus Research bullish on Freeport-McMoRan stock, cites strong financials and copper demand By Investing.com

On Thursday, Argus Research adjusted its outlook on shares of Freeport-McMoRan Inc. (NYSE: NYSE:) stock, a well-established mining company, by…

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GM reports strong profits but EVs are still losing it money

Legacy automaker General Motors reported strong profits Tuesday, despite lagging sales in China and price cuts to some of its…

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Real Estate

Mortgage rates spike as the economy remains strong 

Mortgage rates kept climbing on the back of a string of market-moving news. Notably, Federal Reserve Chair Jerome Powell said…

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GM boosts full-year guidance after strong Q1 beat; still sees ‘variable profit’ in EV unit by year end

General Motors (GM) kept the earnings momentum going with strong first quarter results on Tuesday, resulting in the automaker upping…

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Netflix reports strong subscriber gains but Q2 revenue forecast disappoints

Netflix (NFLX) reported first quarter earnings that beat across the board on Thursday with another 9 million-plus subscribers added in…

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TSMC set to report 5% rise in first quarter profit on strong AI chip demand

TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to…

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Genmab reports strong DARZALEX sales in Q1 2024 By Investing.com

COPENHAGEN – Genmab A/S (NASDAQ:) disclosed on Monday that the first quarter of 2024 saw robust sales of DARZALEX® (daratumumab),…

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TSMC first-quarter profit expected to rise 5% on strong AI chip demand

By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used…

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Real Estate

High mortgage rates are fueling strong inventory growth

Housing inventory There are now 526,000 single-family homes active unsold on the market. That’s up 2.6% from the previous week…

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