Air Nostrum has made a partial early repayment of €20 million to Spain’s state-owned holding company, SEPI, reducing the balance of a €111 million loan granted during the COVID-19 crisis. According to Spanish news agency EFE, the payment was executed on Monday and applies to funds provided by the Strategic Companies Solvency Support Fund (FASEE). […]
The US economy continued to show resilience, with gross domestic product (GDP) growing at an annualised rate of 4.3% in the third quarter – its fastest pace in about two years. Household spending was the dominant driver (up 3.5%), underscoring the strength of the American consumer. Against that backdrop, TD Cowen’s senior research analyst Oliver […]
Meta stock pulled back on Monday despite a robust year-to-date rally of over 75%, as investors digested a mix of year-end profit-taking and insider selling that collectively pressured the share price. Shares traded near $660, down modestly from Friday’s close of $663, reflecting a combination of routine corporate actions and the broader tendency for traders […]
Tesla stock declined on Monday, underperforming the broader market as investors digested fresh developments around the company’s supply chain and regulatory scrutiny, even as the stock remains sharply higher for the year. Shares of Tesla were down around 2% at $460.92 in midday trading. The broader market was also weaker, with the S&P 500 and […]
Lululemon Athletica (NASDAQ: LULU) is in focus today after its founder, Chip Wilson, reignited tensions with the company’s leadership – announcing a proxy battle aimed at reshaping the board. Wilson’s announcement comes only days after the surprise resignation of Calvin McDonald as the firm’s chief executive – capping a turbulent year for the yoga-inspired apparel […]
Precious metals fell sharply on Monday as investors resorted to booking profits after steep gains in the last few weeks. Silver and platinum dropped after hitting record highs earlier in the session. Gold prices also fell more than 5% as the yellow metal fell below the $4,500 per ounce level. Meanwhile, oil prices jumped more […]
Caterpillar Inc (NYSE: CAT) has been the standout performer in the Dow Jones Industrial Average this year, with a more than 100% rally since early April. This explosive rally transformed CAT stock from a traditional industrial bellwether into one of Wall Street’s most unexpected growth stories in 2025. Now, with Caterpillar integrating artificial intelligence (AI) […]
Warren Buffett’s Berkshire Hathaway is holding roughly $400 billion in cash and Treasury equivalents, the largest idle war chest in corporate history. That’s not merely prudence. When the world’s most successful value investor refuses to deploy capital despite sitting on record earnings, it’s a red flag for markets that may be overvalued and vulnerable to […]
The market performance of altcoins during 2025 followed Bitcoin because investors chose to invest in digital assets that operated under established frameworks and demonstrated practical applications. The TradingView data shows Bitcoin experienced a 7% year-to-date decline because of an early-October market downturn, which also caused altcoin market capitalization to drop by 46% from its highest […]
For the first time in nearly two decades, Congress is on the hunt for a new boss at the federal government’s top watchdog agency. With the retirement of comptroller general Gene Dodaro, longtime Government Accountability Office employee Orice Williams Brown is stepping in to lead the more-than-3,000-person agency in an acting capacity. Congressional leaders are […]