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UPS misses quarterly estimates on high labor costs, weak small-package demand

Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” United Parcel Service Inc. on Tuesday reported second-quarter profit that fell short of Wall Street expectations, due to weak demand for package deliveries and higher costs caused by the Teamsters labor […]

Coca-Cola raises annual sales, profit forecasts on steady demand

Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” Coca-Cola on Tuesday raised its full-year organic sales and profit outlook, signaling that consumers, mainly in international markets, are willing to spend more for the company’s higher-priced sodas, energy drinks and […]

GM, Ford may see profit hit amid cooling EV demand, US dealer software problems

Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. General Motors Co and Ford Co could report lower profits in quarterly results this week as the industry’s big bet on electric vehicles fails to pay off and a cyberattack on a critical computer […]

Ethereum ETFs May See ‘Lower-Than-Anticipated Demand’: Report – Decrypt

We do the research and you get the alpha! Get exclusive reports and access key insights on airdrops, NFTs, and more. Subscribe to Alpha Reports today and step up your game. To Alpha Report The cryptocurrency market is eagerly anticipating the launch of an Ethereum exchange-traded fund (ETF), but demand may not be as strong […]

Gas prices drop as demand for driving fizzles out: AAA

As temperatures have risen this summer, drivers have become less keen to take road trips. (iStock) According to AAA, gasoline prices fell in line with demand this summer as hot temperatures discouraged drivers from getting on the road. AAA said the national average price of a gallon of gasoline fell 4 cents from the previous […]

YOU should DEMAND firing of Biden’s Secret Service Director

Former President Donald Trump may have survived an assassination attempt, but it doesn’t appear the Secret Service had much to do with it. “Donald Trump is alive by the grace of God, not by the help of Secret Service Director Kimberly Cheatle.” Sara Gonzalez “Sara Gonzales Unfiltered” author says: Not only is Cheatle refusing to […]

China's Surging Commodity Exports Suggest Weak Domestic Demand – OilPrice.com

China’s exports of copper, diesel and alumina surged in June compared with the same month in 2023, with copper exports surging to a record high as sluggish domestic demand due to weaker-than-expected economic growth weighs on Chinese consumption of goods. China’s copper exports surged 187% last month to a record high, official Chinese data showed. […]