An Increase in Revenues and Higher AUM Balance Support BX’s Q4 Earnings Impacts of Strong Q4 Earnings Blackstone Group (BX) recently reported impressive fourth-quarter earnings, supported by a significant increase in revenues and a higher Assets Under Management (AUM) balance. This positive financial performance is a testament to the company’s strong investment strategies and ability…
UPS Inc. Hits 52-Week Low as Business with Amazon is Cut Market News Update In a surprising turn of events, UPS Inc. (UPS) saw its stock price plummet to a 52-week low after announcing that it will be reducing its business with e-commerce giant Amazon (AMZN) by 50%. This decision sent shockwaves through the market,…
Thor Explorations Ltd Welcomes Franklin Edochie to Board of Directors A New Addition to the Team Thor Explorations Ltd has recently announced the appointment of Franklin Edochie to its board of directors. Edochie, who currently serves as the head of metals and mining at the Africa Finance Corporation, brings with him a wealth of experience…
The Impact of Meta Platforms Inc and Microsoft Corp’s Capex Spree Introduction It’s no surprise that Meta Platforms Inc (META) and Microsoft Corp (MSFT) have been on a capex spree, pouring billions into their cloud infrastructure and AI ambitions. As two of the tech giants in the industry, their investments in these areas are crucial…
Are Investors Missing Out on Ternium Stock? Options Market Signals Investors need to pay close attention to Ternium (TX) stock based on the movements in the options market lately. Options trading can provide valuable insights into the potential future performance of a stock. The activity in the options market for Ternium suggests that there may…
Norway’s Sovereign Wealth Fund Sees Significant Growth in Bitcoin Exposure Overview According to a recent post by Vetle Lunde, Head of Research at K33 Research, Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), experienced a substantial increase in its indirect exposure to Bitcoin (BTC) in 2024. The fund’s Bitcoin exposure rose by an impressive…
Zacks.com users have recently been watching Roblox (RBLX) quite a bit. What’s Driving the Interest? Roblox Corporation is an American company that offers a unique online platform that enables users to create and play games created by other users. With the increasing popularity of online gaming and virtual communities, Roblox has gained a massive following,…
Evolution AB (publ) Shows Strong Growth Despite Cyberattacks in Asia In the world of stock markets and investments, there is always something to keep an eye on. Whether it’s a new product launch, a change in leadership, or even a cyberattack, investors are constantly analyzing and re-analyzing their portfolios to ensure they are making the…
