Tadge Juechter, often referred to as the “godfather” of the modern Corvette, recently retired from General Motors after an illustrious career spanning nearly five decades. His journey with the iconic sports car began in 1985 when he conducted research to determine if there was a market for a new high-performance model, the ZR1. Fast forward
Success
In a season marked by restrained consumer spending, one company in particular – Chinese toy company, Pop Mart – has stood out with impressive double-digit growth figures in the first half of the year. Providing a refreshing perspective in an otherwise gloomy economic climate, Pop Mart recently announced that it anticipates a revenue increase of
The Summer Olympics in Paris have captured the attention of millions of viewers in the U.S. This year, the coverage has seen a significant boost in viewership, with a total audience delivery average of 34 million viewers over the first five days. One of the key factors contributing to the success of the coverage is
Analysts from Bernstein have praised Apple’s fiscal Q3 performance by highlighting that the results were modestly ahead of consensus. They noted that revenues grew by 5% and services expanded by 14%. Moreover, Bernstein emphasized Apple’s strong free cash flow and its restrained capital expenditures, describing Apple’s approach as “capital-light” to mitigate overinvestment risks. Goldman Sachs
Disney has recently made some adjustments to their release schedule, with one notable change being the removal of a Marvel Studios movie that was originally set for July 24, 2026. This shift has left fans speculating about what could have caused the delay and what impact it might have on the overall Marvel Cinematic Universe
Chevron experienced a disappointing midday trading session, with stock slipping more than 3% due to second-quarter earnings missing Wall Street estimates. This news caused concern among investors, as adjusted earnings per share were reported at $2.55, lower than the $2.93 per share that analysts had expected. Additionally, revenue came in slightly higher than expected at
Berkshire Hathaway, under the wise leadership of CEO Warren Buffett, is on the verge of achieving a milestone that could shake the financial markets. The company’s cash pile is set to exceed $200 billion, surpassing the entire annual gross domestic product of Hungary. This impending feat comes amidst a rare move by Buffett to sell
The 2024 Paris Olympics are not just about the mainstream sports like track and field or basketball. This year, lesser-known sports and women’s teams are receiving a significant boost in funding. From women’s rugby sevens to water polo and women’s track and field, various individuals are stepping up to support these athletes and teams. This
The film industry has faced some tough challenges in recent times, with Marcus Theatres being no exception. While CEO Greg Marcus noted that there weren’t fewer films in the first half of the year, there was a lack of tentpole movies that are essential for driving audience numbers. The lack of a “normal slate” of
Hershey’s stock saw a significant drop of 7% in premarket trading after the company’s second-quarter results fell short of analyst expectations. Despite earning $1.27 per share on revenue of $2.07 billion, the company missed the projected profit of $1.43 per share on revenue of $2.31 billion. This decline was attributed to consumers pulling back on
Moderna, a prominent biotech company, recently reported second-quarter revenue that exceeded expectations. However, the company decided to reduce its full-year sales guidance due to various factors such as lower expected sales in Europe, a competitive environment for respiratory vaccines in the U.S., and the potential for deferred international revenue into 2025. The company now anticipates
Meta, formerly known as Facebook, has been investing heavily in artificial intelligence (AI) with hopes of driving revenue growth in the future. The company’s CEO, Mark Zuckerberg, has been vocal about the positive impact AI has had on Meta’s performance in the digital advertising market. With the recent second-quarter earnings report showing better-than-expected results, it’s
When Donald Trump, the Republican nominee for president, received support from a portion of the tech investing world, a significant number of venture capitalists immediately rallied behind Vice President Kamala Harris, the likely Democratic nominee. Over 100 VCs joined forces to endorse Harris as she gears up for the November election. This group, known as
The 2025 Ford Maverick pickup truck has undergone a significant redesign, incorporating a host of new features and improvements. One of the notable updates is the refreshed exterior and interior styling, giving the vehicle a modern and sleek appearance. Moreover, the introduction of a 13.2-inch center touchscreen adds a touch of luxury and convenience to