Volkswagen To Go Ahead With The Porsche IPO
Volkswagen and Porsche Automobil Holding SE, the Porsche family holding and the company's largest shareholder, announced their intention to proceed with the IPO of Porsche AG.
Go Deeper (2 min read)The Walt Disney Company is an American entertainment company active in mass media and entertainment. The company is headquartered at the Walt Disney Studios complex in Burbank, California.
Go Deeper (8 min read)Oil Prices Fall On Recession Fears
Oil prices dropped by about 8% over the last two days and experienced their third consecutive monthly dip, indicating that anxieties about the recession are taking precedence over worries about the declining availability of petroleum at home and abroad.
Go Deeper (2 min read)According to a Bloomberg article released over the weekend, Netflix's new ad-supported plan may cost between $7 and $9 per month.
Go Deeper (2 min read)Is Inflation Here To Stay?
Markets are surging upward after the Fed's rate rises in the first part of the year devastated them.
Go Deeper (3 min read)More from Business
CBRE, The Real Estate Giant
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm with $27.7 billion in revenue and $141.9 billion in AuM as of Dec. 31, 2021.
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Despite worries about slowing growth, Berkshire Hathaway's operating profits increased in the second quarter, but Warren Buffett's conglomerate was not immune to the general market turbulence.
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China's Economy Showing Cracks
Economic pressures on China continue to be a drag on stutturing global economy as China's primary economic pillars release in July showed weaknesses in the manufacturing and crucial real estate industry.
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Dollar Stores Benefit From Inflation
As a result of rising prices, many families claim that forgoing vacations and eating out is no longer enough to keep their budget balanced. They are now looking for measures to reduce the price of necessities as long as inflation is high.
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Retail Investors Are Looking For A Bounce
Many technology stocks continue to be the most popular among individual investors who claim to be optimistic about a recovery and anticipate these corporations to keep driving the economy.
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Meta Isn't Going Well
Since coming public in 2007, Meta hasn't had a quarterly sales decrease year over year. Yet, revenue for the second quarter was $28.82 billion, down 1% from $29.07 billion in the second quarter of 2021.
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