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Southwest Airlines Beats Q3 Street Expectations, Secures Agreement With Elliott Management-Driven Board Overhaul
Southwest Airlines reported Q3 results, beating revenue & EPS consensus. Operating income & expenses down. New directors appointed. Q4 guidance released. read more
Boeing Stock Falls Deeper In Red Premarket As Troubles Mount
Boeing attributed the results to the ongoing strikes led by the International Association of Machinists and Aerospace Workers (IAM) and previously announced charges on commercial and defense programs. read more
Satoshi Nakamoto Better Not Be Danish, Tyler Cowen Quips As Denmark Proposes To Tax Unrealized Crypto Gains
Denmark’s Tax Law Council has put forth a proposal to tax unrealized gains and losses on cryptocurrency assets in the same way that it taxes stocks and bonds. read more
Peter Schiff Warns Investors Against Keeping $20K In Cash: ‘One Of The Riskiest Bets You Can Make’
Prominent economist Peter Schiff cautioned investors against holding cash as a long-term strategy, warning of significant purchasing power erosion amid growing inflation concerns. read more
Kamala Harris’ Economic Policies ‘More Robust, More Sustainable,’ Says Nobel Winning Economist Daren Acemoglu As He Is Endorses Vice President With 22 Others
The letter, signed by more than half of the living U.S. recipients of the Nobel Prize in economics, describes Harris’s economic plan as “vastly superior.” read more
Nvidia CEO Jensen Huang Meets Indian Billionaire Mukesh Ambani, Duo Forge Partnership To Build AI Infrastructure
This story was first published on the Benzinga India portal. read more
Tesla Bull Gary Black Praises EV Giant’s ‘Clean Beat’ In Q3 As Auto Margins Blow Past Estimates, Stock Surges Over 12%
Tesla delivered a “clean beat” in its third-quarter earnings, according to Gary Black, who highlighted the company’s significant outperformance across key metrics. read more
Apple Hires 400 New Workers For Retail Stores As It Looks To Ramp Up India Presence
This story was first published on the Benzinga India portal. read more
Coca-Cola, Pepsi May Launch Budget Drinks In India To Fend Off Competition From India’s Richest Man’s Soft Drink Company: Report
This story was first published on the Benzinga India portal. read more
Billionaire Bob Duggan Snags $33M Miami Penthouse Amid Summit Therapeutics 689% Stock Rally
Duggan, an 80-year-old originally from California, was particularly impressed by the breathtaking views from the 57th floor. read more