Energy storage leader Fluence is poised for success as it sees significant demand from the power-hungry utility sector, according to CEO Julian Nebreda. Despite reporting a net loss in its recent quarter, Fluence’s shares have surged by 13% this week. The company has achieved a record quarterly intake of $1.1 billion in orders, resulting in
As Sunday’s Super Bowl LVIII approaches, millions of Americans are gearing up to place their bets on the game between the San Francisco 49ers and Kansas City Chiefs. With Las Vegas, the gambling capital of the nation, hosting the event, a record-breaking 67.8 million Americans are expected to wager an estimated $23.1 billion on the
Electric vehicle (EV) enthusiasts have good reason to celebrate the recent changes to the federal tax credit system. As of January 2024, consumers can now receive a tax break at the point of sale, making it more convenient and accessible than ever before. The new “clean vehicle” tax credit allows car dealerships to offer eligible
The beauty and luxury sectors have been facing challenges in recent times due to various factors such as macroeconomic conditions and changing consumer preferences. This article examines the impact of weak sales on two prominent companies, L’Oreal and Hermes, and analyzes their strategies to navigate through this difficult period. L’Oreal, the world’s largest beauty brand,
PepsiCo, one of the world’s leading food and beverage companies, recently released its quarterly results, revealing a mixed performance. The company’s shares took a hit, dropping more than 2% in premarket trading. The decline was primarily due to weakening demand for its food and drinks in North America. Let’s take a closer look at the
Social Security’s impending insolvency has been a topic of concern for both conservatives and liberals alike. Recently, a research proposal published by the Center for Retirement Research at Boston College has raised eyebrows. The proposal, authored by conservative economist Andrew Biggs and left-leaning economist Alicia Munnell, suggests redirecting funds from retirement savings plans to aid
Money has always been a complex topic in relationships, often causing disagreements and conflicts. However, recent studies suggest that co-mingling accounts may be the secret to a happy marriage. According to a report by LendingTree, couples with joint accounts have fewer fights about money compared to those who don’t share an account. Furthermore, the study
Pinterest, the popular social media platform, experienced a significant decrease in its shares during after-hours trading after the company released a disappointing revenue report and a weaker-than-expected forecast. Investors were not pleased with the news, leading to a sharp decline in Pinterest’s stock value. The disappointing performance was only partly softened by the announcement of
Credit card debt in the United States has reached an alarming new high, creating significant financial strain for millions of Americans. According to the Federal Reserve Bank of New York, the total credit card debt now stands at a staggering $1.13 trillion, with a 10% increase from the previous year. This surge in debt has
Spirit Airlines faced a challenging fourth quarter, with a loss of nearly $184 million. However, the CEO of the airline remains optimistic, stating that Spirit is on a path back to profitability, and that the domestic air travel market is showing signs of improvement. Despite these positive words, Spirit has encountered several hurdles along the