Business News

Business News·Financial Reports·News-EN·Oil Industry·xPL·xTR

Dramatic Downturn as Oil States International Reports Surprising Loss

Oil States International faces financial challenges with a revenue decline of 12%, amounting to $692.6 million. The company reported a net loss of $11.3 million, a significant shift from last year’s $12.6 million profit. Loss per share stood at $0.18, compared to

February 22, 2025

Business News·Economy·Edge Computing·News-EN·Patient Monitoring·Stock Market·xES

Can Lumen Overcome the Economic Waves and Reignite Its Stock Surge?

Lumen Technologies experienced an initial stock surge, driven by an analyst’s optimistic reassessment but closed the day slightly down due to wider economic concerns. The company’s strategic moves, including the sale of its Quantum Fiber division and significant contract wins, aim to

February 22, 2025

Business News·Financial Markets·Fine-Tuning·Investment Analysis·News-EN

Why Main Street Capital’s Slight Dip Isn’t Cause for Alarm

Main Street Capital (MAIN) experienced a minor decline of 0.75%, outperforming larger losses in the S&P 500, Dow, and Nasdaq indices. Over the past month, MAIN has risen 3.12%, surpassing the broader Finance sector and S&P 500 gains of around 2%. Investors

February 22, 2025

Business News·E-commerce·News-EN·Stock Market·xPL

The Surprising Stock Struggles of an E-Commerce Darling: Jim Cramer Weighs In

Etsy, Inc. (NASDAQ:ETSY) has faced a major financial setback, with shares dropping 32% over the past year due to unmet expectations in gross merchandise volume (GMV). The company reported a GMV of $3.74 billion, falling short of the anticipated $3.88 billion, leading

February 21, 2025

Automobile Industry·Business News·Economic Trends·News-EN·Quality Control

Market Shakes as Tesla Faces Recall and Economic Jitters Intensify

Tesla faces a significant challenge with a recall of over 375,000 vehicles due to steering issues, leading to a 4% drop in its shares. The market is experiencing a wider sell-off, with the Dow Jones down nearly 700 points and the Nasdaq

February 21, 2025