Investors are showing strong support for Walt Disney (NYSE:DIS) as a proxy fight intensifies. Shareholders are rallying behind the company, demonstrating their confidence in its leadership and strategy.
Chinese electric vehicle maker Nio has reported a staggering loss of $2.9 billion in its latest financial report. The company’s stock price has plummeted amidst growing competition in the EV market.
# States push for heat pumps to combat climate change
Procter & Gamble (P&G), the consumer goods giant, has managed to offset concerns surrounding its recent profit forecast cut with the announcement of strong margins. The company reported robust third-quarter results, proving its resilience in the face of challenging market conditions.
New technology showcased at the CES tradeshow last week may finally address the long-standing issue of heat pumps losing efficiency in extreme cold temperatures. For years, homeowners in regions with severe winters have had to rely on supplementary heating sources when their heat pumps failed to keep up with the demand. However, the new models on display offer a promising solution to this problem.
