Nike Gains 4% on Ackman’s Return Nike Inc. (NYSE:NKE) saw its stock price increase by nearly 4% on Thursday, fueled by investor optimism following the return of billionaire investor William Ackman as a shareholder. Ackman's hedge fund, Pershing Square Capital Management, currently owns roughly 3 million Nike shares, representing a…
VANCOUVER, British Columbia- August 15, 2024 – Generation Uranium Inc. (the “Company” or “Generation”) (TSXV:GEN) (OTCQB:GENRF) (FSE:W85) is pleased to announce that, in preparation for an upcoming diamond drill program in 2025, the Company has initiated the permitting process to engage in advanced exploration activities on its flagship Yath Uranium Project…
July Inflation Data Points to Ongoing Decline In July, the Consumer Price Index (CPI) in the US, excluding food and energy costs, increased by 3.2% year-over-year, marking the fourth consecutive month of easing inflation. This represents the slowest pace since early 2021. On a monthly basis, the core CPI rose…
Strong Results and New Releases Tencent Holdings Ltd. (OTC:TCEHY) reported an impressive 82% increase in net income, surpassing expectations and raising hopes for a rebound in China’s gaming sector. The company’s core gaming division saw a significant resurgence, driven by the success of the summer blockbuster Dungeon & Fighter Mobile,…
Strong Earnings Driven by Low Feed Costs JBS Stock (NYSE:JBSAY) soared to a two-year high following a significant rebound in the company’s chicken and pork operations, leading to stronger-than-expected financial results. The world’s largest meat producer reported a net profit for the second quarter, reversing a loss from the previous…
Beyond Meat (NASDAQ:BYND), a company that once soared in the vegan food sector, has experienced a significant decline in market value since its initial public offering (IPO) in 2019. With a market cap of $382.8 million, Beyond Meat stock, which reached an all-time high of $235 in July 2019, is…
Target (NYSE:TGT) recently announced it will be cutting prices on 1,500 frequently purchased products. The company plans to lower prices on an additional 1,000 items this summer. This move aims to help consumers manage their budgets amid high prices. Target CEO Brian Cornell said these reductions focus on everyday essentials…
Home Depot Stock: Earnings Miss Home Depot (NYSE:HD) reported weaker-than-expected earnings for the latest quarter, as consumers remained hesitant about major home improvement projects due to elevated interest rates and economic uncertainty. The company generated revenue of $43.18 billion, falling short of the predicted $43.79 billion. Adjusted earnings per share…
Chipotle Faces Leadership Change Chipotle Mexican Grill, Inc. (NYSE:CMG) is experiencing a change in leadership as its CEO, Brian Niccol, prepares to depart. Niccol's move to Starbucks Corporation (NASDAQ:SBUX) as its new CEO, starting next month, has caused Chipotle's stock to drop by 8% in premarket trading. Although Niccol's leadership…
VANCOUVER, British Columbia, Canada – August 13, 2024 – . (the “Company” or “Generation”) (TSXV:GEN) (OTCQB:GENRF) (FSE:W85) is pleased to announce that its common shares, traded under the symbol “GENRF” on the OTCQB stock exchange, are now eligible for electronic clearing and settlement in the United States through the Depository…
