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A New Outcome For "Too Big To Fail"

A New Outcome For "Too Big To Fail"

With the number of banks in the US steadily falling over the last few decades, sector consolidation into a handful of larger institutions has raised concerns about economic implications for the United States. 

Stjepan Kalinic
Stjepan Kalinic
Sugar Output Bullish On El Nino Pattern

Sugar Output Bullish On El Nino Pattern

Global sugar prices are likely to remain elevated through the year with the world’s supply surplus forecasted to dip sharply from regions, including Europe, China, Thailand and India, as shifting weather patterns related to El Nino raise concerns about production. 

Glen Carey
Glen Carey
Citi's Space Economy

Citi's Space Economy

With the launch of Axiom Space’s second private orbital mission on May 21, the US private sector is taking significant strides toward making space a viable commercial industry, one that is forecast to become a trillion dollar industry by 2040.

Glen Carey
Glen Carey
AirBNB Promises AI Innovations, Increased Bookings

AirBNB Promises AI Innovations, Increased Bookings

Airbnb (ABNB) released its Q1 earnings report, beating analysts' expectations. The company reported adjusted earnings of $0.18 per share, nearly doubling estimates of $0.10.

Stavros Tousios
Stavros Tousios
Berkshire Hathaway Investments Beat Expectations

Berkshire Hathaway Investments Beat Expectations

Berkshire Hathaway released its first-quarter earnings, beating analyst expectations on revenue and earnings.

Stjepan Kalinic
Stjepan Kalinic
Disney+ Losses Continue, Revenues In Line

Disney+ Losses Continue, Revenues In Line

Walt Disney Co. reported second-quarter sales and profit that were mostly inline with expectations, even as its flagship streaming service lost millions of subscribers for the second straight three-month period.

Glen Carey
Glen Carey
OPEC Predicts Higher Oil, Despite Russian Price Cuts

OPEC Predicts Higher Oil, Despite Russian Price Cuts

OPEC’s latest report issued last month indicates the cartel expects oil prices to rise significantly this summer as demand from China accelerates. 

Michael Mossessian
Michael Mossessian
CVS Earnings Grow, Acquisitions Provide More Integrations

CVS Earnings Grow, Acquisitions Provide More Integrations

The national pharmacy giant ($CVS) reported adjusted earnings of $2.20 per share in the first quarter of 2023, bearing street expectations of $2.09. CVS posted profit of $2.14 billion and total revenues of $85.28 billion, an 11% increase over the $76.83 billion a year earlier.

Michael Mossessian
Michael Mossessian
Tesla Finally Has A Battery Competitor

Tesla Finally Has A Battery Competitor

CATL , the world's largest battery manufacturer, has announced it will begin production of a new 500 Wh/kg battery, which vastly exceeds existing maximum battery capacities from competitors like Tesla’s 4680 cell.

Stjepan Kalinic
Stjepan Kalinic
Brookfield Expands Infrastructure Fund With Triton Acquisition

Brookfield Expands Infrastructure Fund With Triton Acquisition

Brookfield Infrastructure Partners ($BIP) has agreed to acquire Triton International ($TRTN), the world's largest lessor of intermodal freight containers, in a cash and stock deal worth $13.3 billion.

Stjepan Kalinic
Stjepan Kalinic
Disney Still ‘Best Opportunity’ In Media Amid Desantis Duel

Disney Still ‘Best Opportunity’ In Media Amid Desantis Duel

Despite Walt Disney Co.’s bitter feud with Florida Governor Ron DeSantis and its expected layoffs plans, the company’s stock is being called the “best opportunity in media” by Wells Fargo’s Steven Cahall. 

Glen Carey
Glen Carey
British American Tobacco Explores US Expansion, CBD

British American Tobacco Explores US Expansion, CBD

Two years ago, just under 4.5M units of smart e-cigarettes were sold, compared to over 400B units of traditional cigarettes. But sales of traditional cigarettes have nearly halved since 2000. In 2021, the domestic e-cigarette market was worth only $364.7M, but analysts suggest it could grow by over 39% per year through 2027, reaching a valuation of nearly $2.7B.

Stavros Tousios
Stavros Tousios
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