2 min read
Business

Analysts Predict Continued Growth in Stock Market after Strong First Quarter

Stocks have just experienced their best first quarter performance in five years, with major indices posting significant gains. The S&P 500 rose by 5.8% in the first quarter of 2021, marking its best start to a year since 2015. The Dow Jones Industrial Average and the Nasdaq Composite also saw gains of 7.8% and 2.8% respectively during the same period.

2 min read
Business

Chinese EV manufacturers gain traction in Europe, expected to reach 25% market share in 2021

A recent study has shown that China-made vehicles will make up a significant portion of electric vehicle (EV) sales in Europe this year. According to the research, these vehicles are expected to comprise a quarter of all EV sales in the European market.

2 min read
Business

Cresco Labs shows impressive growth with positive cash flow in 2023

Cresco Labs, a leading vertically integrated multi-state cannabis operator, has recently reported its financial results for the fourth quarter and full year of 2023. The company’s earnings report reflects significant profitability and cash flow improvements, solidifying its position as a formidable player in the industry.

2 min read
Business

US Economic Growth Slows Slightly to 3.2% in Fourth Quarter

The US economy grew at a solid rate of 3.2% in the fourth quarter of last year, a slight downgrade from the government’s initial estimate. Despite the adjustment, the growth still showcases a strong performance by the economy in the final months of 2021.

2 min read
Business

Job Market Strengthens as U.S GDP Surpasses Expectations in Year 2023

The Gross Domestic Product (GDP) for the United States in the fourth quarter of 2023 has been estimated to be $23.9 trillion, which is a slight increase from the previously reported figure. This growth in GDP is attributed to strong consumer spending and robust business investment.

2 min read
Business

Warren Buffett Reveals Reason Behind Selling $2 Billion in Apple Stock

Warren Buffett, legendary investor and CEO of Berkshire Hathaway, has made headlines after selling nearly $2 billion worth of Apple stock in the last quarter.

2 min read
Business

Fourth Quarter and Full Year 2023: Coca-Cola Achieves Remarkable Financial Performance

Coca-Cola, the world’s leading beverage company, has announced its financial results for the fourth quarter of 2023. Despite the challenges brought about by the ongoing global pandemic, the company reported a strong performance and positive growth.