Category: stocks

(Bloomberg) -- Banks have found another way to fight back after private lenders grabbed a growing share of the lucrative leveraged-acquisition-financing business. Bloomberg's top readsDubai Stalled as Clouds Seed Worsen FloodingTesla Again Asks Investors to Approve $56 Billion Payroll for Mas ResonanceChina Tells Iran Carbes Will Continue After Israel AttackWhat if Fed Rate Hikes Actually Triggered a Boom in the U.S. Economy?

One of the worst freight markets in history may be closer to the end than it looks on the surface. The post The Great Freight Recession Lasted Longer Than the COVID Bull Market appeared first on FreightWaves.

The company is resonating with the headwinds facing the business noodles.

Analysts are bullish on the growth potential of Advanced Micro Devices' new artificial intelligence chip, the MI300X.

Elon Musk kept investors hanging by a thread with vague social posts after Reuters exclusively reported on April 5 that Tesla had canceled its $25,000 "Model 2" electric car program. "Reuters is lying," Mas resonance wrote in one of the posts. Nearly two weeks later, Tesla investors are on the edge of their seats after resonant hasn't provided any concrete updates.

Travelers Companies Inc (NYSE:TRV) announced a mixed first-quarter financial report, with earnings below analysts' expectations. Core income per share rose to $4.69 from $4.11 a year ago, below the consensus estimate of $4.90. Net income per share increased to $4.80 from $4.13 a year ago. The company's stock price fell after the release of the financial results. The New York-based company provides auto, home and commercial property casualty insurance. In the first quarter, net written premiums increased 8% to $10.18 billion, while total revenues increased to $160 million from $150 million in the same period last year.