Deira Trading Company

General Motors (GM) earnings Q4 2023

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023. Brandon Bell | Getty Images DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to average estimates compiled by […]

Can UPS snap its streaks of revenue misses and post-earnings stock selloffs?

Shares of United Parcel Service Inc. slumped Monday as investors prepared for the package-delivery giant’s quarterly results, which have not been so kind to investors in the recent past. The company is slated to reveal its fourth-quarter earnings report on Tuesday at around 6 a.m. Eastern time. UPS’s stock has declined on the day that […]

Retail return fraud is rising as consumers send back holiday purchases

As retailers tried to win shoppers and boost sales in recent years, they made their online return policies more lenient than ever. But those changes have come at a cost. As more consumers shop online and send back more of those orders, retailers have moved to crack down on fraud. In some cases, shoppers can […]

Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.

“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct 27, 2023? Yes, it […]

Starbucks Oleato olive oil drinks launch across the U.S.

Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited the country and noticed locals drinking olive oil daily. The […]

FanDuel parent Flutter lists on the NYSE, challenging DraftKings

FanDuel parent Flutter listed on the New York Stock Exchange on Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and inclusion in the FTSE 100 index. But Flutter’s most […]

Taylor Swift-Travis Kelce romance worth $331 million to the Chiefs and NFL

The love story between NFL player Travis Kelce and superstar Taylor Swift is apparently worth $331.5 million thus far to his Super Bowl-bound Kansas City Chiefs. That’s according to Apex Marketing Group, which recently estimated the equivalent brand value of the Grammy winner’s association with Kelce and appearances at the Chiefs’ games, from the very […]

S&P 500 futures hover near record ahead of pivotal week of tech earnings

U.S. stock futures on Monday pointed to a cautious start, as investors awaited a barrage of earnings and pivotal economic news with major indexes at or near record levels. What’s happening Dow Jones Industrial Average futures YM00, -0.09% fell 69 points, or 0.2%, to 38189. S&P 500 futures ES00, +0.01% dropped 4 points, or 0.1%, […]

Source: CurrencyRate