News Blog

Automation firm Symbotic signs $200 mln deal to buy Walmart’s robotics unit

Symbotic said on Thursday it would buy Walmart’s robotics business for $200 million in cash to help expand the retailer’s automated supply chain, sending shares of the warehouse robotics firm up 20% in premarket trading.

Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks

Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.

UnitedHealth hit by stubbornly high medical costs, shares fall

UnitedHealth’s high medical costs and lower-than-expected revenue in the fourth quarter underscored persistent challenges at its insurance unit, sending the healthcare conglomerate’s shares down more than 3%.

Citigroup racks up £1bn bill for Canary Wharf tower refit

Citigroup is on course to spend more than £1bn on the overhaul of its Canary Wharf tower, a sign of the huge costs involved in upgrading older skyscrapers as banks try to push their employees back to the office. 

China’s Rich Provinces Eye Strong 2025 Despite Trump’s Tariffs

Five of China’s most important provinces said they plan to grow at or above 5% this year, signs that the country will set an ambitious national target despite growing trade headwinds.

SMCI Stock Rises Again. How Super Micro Is Riding the AI Chips Wave.

Super Micro Computer stock was rising early Thursday, extending gains form the previous session. It’s getting a lift from broader market optimism.

Morgan Stanley’s profit more than doubles on boost from dealmaking, stock sales

Morgan Stanley’s profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.

Polestar Looks to Reverse Sales Plunge With New Compact SUV

Polestar’s CEO said on Thursday it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company’s U.S.-listed shares down about 9% in premarket trading.

Bank of America profits boosted by loan growth and robust trading

Bank of America on Thursday reported better than expected fourth-quarter profits, joining other US banks in benefiting from a robust period of dealmaking and trading but also outperforming rivals on loan growth.

Polestar expects delayed profitability as demand for EVs weakens, competition hurts

Polestar’s CEO said on Thursday it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company’s U.S.-listed shares down about 9% in premarket trading.

Apple loses smartphone crown in China as Vivo and Huawei outsell iPhone

Local smartphone makers Vivo and Huawei leapfrogged Apple to become the top two sellers in the Chinese market last year, dealing a blow to the iPhone maker as it struggles to introduce AI features on the mainland and fight competition from domestic rivals.

Target revises holiday sales outlook on strong apparel, toy demand

Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December.

BP axes 4,700 jobs in cost-cutting drive

BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as chief executive Murray Auchincloss tries to save costs and revive a share price that has lagged behind rivals over the past year.

Alter Ego Media: Στα 44,3 εκατ. το EBITDA του 2024 – Με σημαντικό discount η τιμή διάθεσης της μετοχής

Η μετοχή προσφέρεται στους επενδυτές με σημαντικό discount, εκτιμούν οι αναλυτές

ΕΛΣΤΑΤ: Αύξηση 2,4% στις πωλήσεις αυτοκινήτων το 2024- Μείωση 4,9% τον Δεκέμβριο

Μειωμένες κατά 4,9% ήταν οι οι πωλήσεις των αυτοκινήτων στη χώρα μας τον τελευταίο μήνα του 2024, σύμφωνα με έκθεση της Ελληνικής Στατιστικής Αρχής (ΕΛΣΤΑΤ).

Metlen: Μεγάλη επένδυση στην παραγωγή βωξίτη, αλουμίνας και γαλλίου

Μεγάλη  επένδυση ύψους σχεδόν 300 εκατ. ευρώ θα πραγματοποιήσει η Metlen για την παραγωγή βωξίτη, αλουμίνας και γαλλίου στον  Άγιο Νικόλαο Βοιωτίας.

Ενισχύεται η παρουσία του Ομίλου Motor Oil στη λιανική αγορά των Convenience Stores

Η Core Innovations, θυγατρική του Ομίλου Motor Oil, προχώρησε στην εξαγορά της αλυσίδας καταστημάτων μικρής λιανικής TWENTY 4 SHOPEN, ενισχύοντας την παρουσία της στη λιανική αγορά των Convenience Stores (καταστημάτων ευκολίας), με στόχο τη συνεχή βελτίωση της εμπειρίας του πελάτη και την κάλυψη των νέων αναγκών του

Manetial: H θυγατρική της Motor Oil αποκτά το 94,44% της Ηλέκτωρ έναντι 114,73 εκατ. ευρώ

Η Motor oil και η ΕΛΛΑΚΤΩΡ είναι συνδεδεμένα μέρη, καθώς η πρώτη συμμετέχει με ποσοστό 26,88% στο μετοχικό κεφάλαιο της δεύτερης

Η Helleniq Energy αποκτά το 100% των μετοχών της Elpedison

Γνωστοποιήθηκε στην Επιτροπή Ανταγωνισμού η απόκτηση του 100% των μετοχών της Elpedison από την Helleniq Energy όπως έγινε γνωστό από την Επιτροπή.

BlackRock assets hit record $11.6 trillion in fourth quarter

BlackRock’s assets hit a record high $11.6 trillion in the fourth quarter of last year as the world’s largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets.