Analysts are pointing to Hong Kong-traded Air China as the leading turnaround candidate among struggling Chinese airlines. China has been far slower than the U.S. to recover from the shock of the 2020-2023 pandemic as the world’s second-largest economy faces its...
Check out the companies making headlines in midday trading: Rivian Automotive — Shares popped 19% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company...
D3sign | Moment | Getty ImagesStocks soared in 2024.Congratulations! After taking a victory lap, it may be time to adjust your portfolio — because those heady returns likely threw your investment allocations out of whack.The S&P 500, a stock index of the largest...
Check out the companies making headlines before the bell: U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel’s $14.9 billion takeover of U.S. Steel, saying “U.S. Steel will remain a proud...
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024.Michael M. Santiago | Getty ImagesBillionaire investor Ken Griffin’s handful of hedge funds at Citadel all posted double-digit...
