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TUI Stock Strengthens: TUI Confirms Forecast After Record Revenue in Q3

14 August 2024 Nina Hernandez

The travel group, which has been listed on the MDAX again since the end of June, confirmed its forecast. Revenue increased by 9 percent to 5.8 billion euros in the three months to the end […]

Companies

Gold Price: Potential Third Weekly Gain

12 July 2024 Tom Harris

There has been a decline in core inflation from 3.4% to 3.3%. At 2:30 PM, the US producer prices are set to be announced. According to a survey published by Trading Economics among analysts, a […]

Investing

Rivian and VW: No Joint Vehicle Production Despite Software Collaboration

3 July 2024 Lynn Hernandez

Volkswagen Invests Billions in Rivian Recently, Volkswagen announced a partnership with Rivian, a competitor to Tesla. The German automaker plans to invest up to $5 billion in developing technology for future vehicles together with Rivian. […]

Investing

Morgan Stanley Analyst Raises NVIDIA Stock Target Price Amid Expected Higher Earnings

2 July 2024 Todd Davis

Strong Demand and New Chip Generation The AI frontrunner NVIDIA is currently developing its latest chip generation “Blackwell,” anticipated to hit the market later this year. According to “MarketWatch,” Morgan Stanley analyst Joseph Moore expects […]

Companies

VW in Zwickau to Cut 1,000 Jobs

1 July 2024 Todd Davis

The Volkswagen Group is reportedly planning to further reduce its workforce at the Zwickau plant. The company confirmed to the “Freie Presse” that by the end of next year, the temporary contracts of around 1,000 […]

Companies

Cinven Buys Idealista for 2.9 Billion Euros

28 June 2024 Tom Harris

Cinven has acquired 70% of the real estate platform Idealista for around 2 billion euros, while EQT reinvests to retain an 18% stake. In a landmark deal, Cinven has emerged as the buyer of Idealista, […]

Investing

Nvidia: A Near Miss on This Record

28 June 2024 Robin Thompson

Exciting days for Nvidia shareholders: first a 13 percent dip within three days, then a strong rebound, followed by losses again on Thursday. However, any complaints are at the highest level, as the long-term performance […]

Companies

World Premiere: Hyundai Inster – The Next Affordable Electric Small Car

28 June 2024 Tom Harris

Hyundai has unveiled the electric small car, Inster. The model will first be launched in South Korea this summer, followed by releases in Europe, the Middle East, and the Asia-Pacific region. It is expected to […]

Investing

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  • Volkswagen Faces Criticism in New Quality Study, BMW Celebrated for Manufacturing Excellence

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