Running its first flights two years after launching in 2016, low-cost airline Flybondi grew quickly into the second-largest airline in Argentina after state-owned flag carrier Aerolíneas Argentinas. A fleet of 15 Boeing 737-800 planes allowed the airline to fly to 23 destinations across Argentina and neighboring countries, including Brazil, Paraguay, and Peru. But since June
US stocks ended higher on Tuesday, with the S&P 500 and Nasdaq Composite reaching record closing highs as technology stocks gained and Treasury yields eased from multi-year peaks. The S&P 500 rose 0.60% to 7,820.47, while the Nasdaq Composite gained 0.46% to 27,604.74. The Dow Jones Industrial Average advanced 0.49% to 51,531.57. Falling Treasury yields
Think about the last time you walked into the neighboring building and the lights worked, the elevators ran, and the server room hummed without interruption. Somewhere in that invisible infrastructure, chances are that Eaton (ETN) had something to do with it. Most people have never heard of Eaton. But if you work in a data
The FTSE 100 Index has retreated in the past few weeks, moving from a high of 10,990 in July to a low of 10,387. It has slumped to its lowest level since July 16. This article looks at some of the top shares to watch this week. BT Group stock in focus amid TalkTalk buyout
Uber shareholders watched about 4% of their position vanish on September 8 over the debut of a competitor’s product that most of them will never ride in. The selloff had nothing to do with Uber’s performance. Five weeks earlier, Uber posted second-quarter revenue of $14.19 billion, net income of $2.39 billion, and free cash flow
Top artificial intelligence (AI) stocks like Micron, Nvidia, AMD, and other firms like SanDisk and Western Digital will be in focus as concerns about the industry rose after Anthropic’s Dario Amodei urged a slowdown to AI model development. Anthropic’s CEO called to slow AI development Nvidia stock ended the week at $218, down from the
The inflation report that dropped on September 11 just moved the needle on Social Security for more than 75 million Americans. The new numbers point toward the largest annual benefit increase in three years, and the final figure gets locked in next month. The 2027 Social Security cost-of-living adjustment is now projected at 3.5%, based
Adobe (ADBE) stock opened lower on September 11, and D.A. Davidson senior analyst Gil Luria believes the decline was justified. Luria rates the software giant a Buy and has a $250 price target on the stock. “Adobe has been characterized as an AI loser,” he admitted in a recent interview with CNBC today. But it’s
There was a lot to enjoy for investors in ServiceTitan’s (TTAN) most recent earnings release. Revenue also topped Wall Street estimates. Profit above forecasts. Free cash flow up about 50%. The software company’s main product based on artificial intelligence was adopted faster than the company’s management anticipated. The move wiped off about a third of
SpaceX (SPCX) stock rose more than 1% on Friday to around $149 after initially slipping, extending its recovery from this week’s decline as investors digested another major artificial intelligence compute agreement. The latest contract could add $1.11 billion in monthly revenue beginning December 1, according to CFO Bret Johnsen, who disclosed the agreement at Goldman