Porsche has long occupied a rare position in the auto industry as a premium sports-car brand capable of delivering some of the industry’s strongest profit margins. But weaker demand, slowing sales in China, and the Read more…
AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with Read more…
JetBlue beat earnings estimates and projected a 2028 profit goal, but the airline’s debt, rising fuel costs, and negative margins still threaten JBLU investors. JetBlue Airways (JBLU) gave investors something the troubled airline has rarely Read more…
Cathie Wood, chief of Ark Investment Management, often buys her highest-conviction stocks during sharp pullbacks. That’s exactly what she’s doing with Nvidia (NVDA), adding more shares after the semiconductor giant fell more than 6% over Read more…
In his autobiography, Sam Walton: Made In America, Walmart (WMT) founder Sam Walton said that “the more you share profits with your associates — whether it’s in salaries or incentives or bonuses or stock discounts Read more…
Every technology that eventually reshaped ordinary life spent its first years working as a salesman. Sewing machines toured county fairs. Televisions sat in appliance store windows so crowds could gather on the sidewalk. The personal Read more…
FIFA gave its 211 member organizations until mid-September to consider its proposal to “unleash the commercial potential and opportunity” of its flagship tournament by selling stakes in the World Cup to interested investors. But apparently, Read more…
A massive loss of satellite internet subscribers over the last six years has caught up with EchoStar’s Hughes Network Systems, forcing the company to restructure its huge debt obligations, which could lead the company to Read more…
Anyone who has shopped for a new phone, laptop, or VR headset this summer probably noticed something odd. The usual discount that comes with an aging model never showed up. Prices held steady, and in Read more…