US Producer Price Index (PPI) Report: Core PPI Exceeds Expectations with 0.5% MoM Increase, Year-on-Year Figures Steady

In April, US PPI increased by 0.5% compared to the previous month, surpassing the expected 0.3%. Year-on-year, it reached 2.2%, slightly higher than the previous […]

Sony and Apollo Group’s Strategic Moves in Paramount Group Acquisition: Plans to Divest CBS Network, Nickelodeon, MTV, and Paramount Plus Streaming Service Revealed

Sony $SONY and Apollo Group $APO are allegedly considering selling off Paramount Group’s $PARA CBS network and cable channels, which encompass popular brands like Nickelodeon […]

Tesla’s Q1 2024 Earnings Report: Mixed Results with Revenue Beat but Missed EPS and Free Cash Flow Concerns

Tesla’s earnings for Q1 2024 show an EPS of $0.45, slightly below the estimated $0.51. Revenue stood at $21.30 billion, Vs estimated $20.94 billion. GAAP […]

Tesla’s Q1 Production and Delivery Report: Analyst Estimates and Market Expectations

Tesla is anticipated to unveil its Q1 production and delivery report on the morning of April 2nd, likely between 8-9 AM ET. Analyst estimates for […]

February U.S. Inflation Report: CPI Up 3.2% YoY, Core CPI Rises 3.8% YoY, Slightly Exceeding Estimates

U.S. CPI for February, on a month-over-month basis, stands at 0.4%, in line with the previous month and meeting the estimated 0.4%. The year-over-year CPI […]