Investors had low expectations heading into Kimberly Clark's (NYSE: KMB) earnings report but were still disappointed by what the consumer staples giant had to say. Demand trends improved slightly in recent weeks, with organic sales falling 3%, compared to last-quarter's 8% slump. "Our second quarter reflects continued pandemic-driven volatility," CEO Mike Hsu said in a press release.
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
(Bloomberg) -- Four months into office, Argentine President Javier Milei has pulled off a critical feat in a country long ravaged by runaway inflation: He stabilized the currency.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingBig Tech Surges in Late Hours on B
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
This growth ETF has nicely outperformed the S&P 500 since its inception.
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely.
Gross said in a post on X to avoid tech, but if you have to invest in the sector, one name stands out.
Super Micro Computer's (SMCI) third-quarter fiscal 2024 performance will likely reflect strength in the Server & Storage Systems and Subsystems & Accessories segments.