Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey's annual inflation rose to 68.5% for the month of March, an increase on February's 67.1% inflation read, according to the Turkish Statistical Institute's report...
Paramount shares rise on report it’s considering exclusive sale talks with Skydance
Shares of Paramount Global rose in after-hours trading Tuesday following a report that the media giant may soon be one step closer to selling.
Taking Ari Emanuel’s Endeavor Group private is good for the WWE and UFC, this analyst says
Endeavor on Tuesday said that longtime investor Silver Lake was taking the company private in a $13 billion deal expected to close in the first...
Auto sales dip in March due to high prices and high borrowing rates
Sales of new cars and trucks in the U.S. fell 2% in March to leave auto purchases well below 2023 year-end levels, indicating that high...
Vanda Pharmaceuticals shares jump 30% after FDA approval of Fanapt for bipolar I disorder
The biopharmaceutical company said Tuesday the latest marketing approval increases the commercial opportunity of the treatment.
Intel foundry losses expected to peak this year after hitting $7 billion in 2023
Intel broke out its product and foundry financials, showing investors their different margin profiles.
Dave & Buster’s fourth-quarter profit falls as sales continue to slide
Dave & Buster’s Entertainment posted a lower profit in the fiscal fourth quarter as the company’s comparable sales continued to slide.
GM’s quarterly sales drop 1.5%, inventory at its highest since 2020
At GM, EVs “acted as a drag on overall volumes,” declining by 20.5% year-on-year, CFRA analyst Garrett Nelson said in a note Tuesday.
Tesla’s delivery woes suggest the EV maker has an Elon Musk problem
Tesla Inc.’s “significant miss” on its first-quarter delivery numbers rattled Wall Street on Tuesday — and the disappointing numbers indicate that at least one of...