Image source: Getty Images FTSE 100 incumbent RELX (LSE: REL) is one stock I’d love to buy when I have some free funds to invest. Let me explain why! Data king I’d agree with those willing to argue that RELX probably isn’t a household name. It doesn’t have the same pull as other popular brands. However, it has the hallmarks of a smashing company that provides a key product to many businesses across the world. A leader in data and analytics services, it is renowned for the high-quality actionable information it provides to professionals across the world. A prime example…
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(Bloomberg) — Intel Corp. shares surged for the second straight day after the troubled chipmaker made a raft of announcements, spurring optimism that a turnaround plan is starting to bear fruit.Most Read from BloombergIn the most notable move, the company struck a multibillion-dollar deal with Amazon.com Inc.’s Amazon Web Services cloud unit to coinvest in a custom AI semiconductor. Intel also may receive as much as $3 billion in US government funding to make chips for the military. And it’s turning its ailing manufacturing business, or foundry, into a wholly owned subsidiary.But the chipmaker is pulling back in some areas…
Join Our Telegram channel to stay up to date on breaking news coverage BlackRock’s spot Bitcoin ETF (exchange-traded fund) recorded its first net inflow since Aug. 26 yesterday after $15.8 million was added to the fund’s reserves. Prior to yesterday’s net inflows, BlackRock’s IBIT suffered 11 consecutive days of zero outflows. It also posted two days of net outflows on Aug. 29 and Sept. 9 of $13.5 million and $9.1 million, respectively, according to data from Farside Investors. BlackRock’s Bitcoin ETF Not The Only Fund To Record Net Inflows Along with IBIT’s net inflows yesterday, Fidelity’s FBTC, Franklin’s EZBC, VanEck’s…
Money can be a tricky topic in any relationship, and once you’re married, it becomes even more essential to figure out how to handle it together. Splitting household bills may seem like a no-brainer at first, but there are countless ways to divide finances—whether you keep things entirely separate, blend it all together, or find a happy middle ground. But how do you know which approach will work best for you as a couple? According to Elena Churilova, CEO and co-founder of the financial app Cino, there isn’t a one-size-fits-all approach to bill-splitting after saying your vows. “What works for…
Aston Martin has made a significant stride towards becoming a dominant force in Formula 1 with the acquisition of renowned designer Adrian Newey. The former Red Bull Racing mastermind, known for his innovative designs that have propelled the team to numerous championships, has joined Aston Martin on a multi year deal. This strategic move has not only generated excitement within the team but has also solidified Fernando Alonso’s belief in Aston Martin’s future. Alonso, who has faced a challenging 2024 season, sees Newey’s arrival as a validation of his decision to remain with the team. Despite the current setbacks, Alonso…
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 100 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.13% to 41,676.05 while the NASDAQ rose 0.57% to 17,693.20. The S&P 500 also rose, gaining, 0.28% to 5,648.81. Check This Out: How To Earn $500 A Month From FedEx Stock Ahead Of Q1 Earnings Leading and Lagging SectorsConsumer discretionary shares jumped by 1.2% on Tuesday. In trading on Tuesday, health care shares fell by 0.5%. Top Headline U.S. retail sales rose 0.1% month-over-month in August compared to revised 1.1% gain in July, and topping…
From new Tex-Mex to 20-year anniversaries, here are 17 of the latest business updates local to the Lake Travis-Westlake area.Coming soon The Austin Epicure Westlake After four years of providing charcuterie boards, desserts, party food and more through its online business format, the new store is set to open its first brick-and-mortar location in West Lake Hills. Owner Marissa Mireur said the future store will have grab-and-go counter service, offering breakfast, lunch and dinner take-home meals seven days a week alongside charcuterie boards, desserts, salads, beer and wine.Oz. Tap HouseThe family-friendly beer garden and restaurant will bring its craft brews…
Sixteen months after introducing Italian fine dining to Sparkill with Lanni’s Cucina Verace Italiana, veteran restaurateur Vittorio Lanni has opened a new place in Piermont, complete with (at least for the moment) a red Ferrari parked outside next to signs pointing to Amalfi, Salerno, Positano, Napoli and Procida.Trattoria Da Vittorio, which premiered Sept. 16, has the same Italian focus — the chef hails from Benevento, a province of Naples, and is big into educating diners about his country’s regions — but with a more casual vibe that’s more in tune with what he calls “a happening town.”The focus, said Lanni,…
A key employee who labeled a doomed experimental submersible unsafe prior to its last, fatal voyage testified Tuesday that he frequently clashed with the company’s co-founder and felt the company was committed only to making money.David Lochridge, OceanGate’s former operations director, is one of the most anticipated witnesses to appear before a commission trying to determine what caused the Titan to implode en route to the wreckage of the Titanic last year, killing all five on board. His testimony echoed that of other former employees Monday, one of whom described OceanGate head Stockton Rush as volatile and difficult to work…
Ferguson Reports Mixed Q4 Results, Expects ‘Challenging Near Term Market Environment’Ferguson (NYSE:FERG) shares are trading slightly higher after it reported fourth-quarter results.The company reported net sales of $7.946 billion, which was 1.4% higher year over year, missing the consensus of $7.993 billion. Organic revenue fell by 0.2%, with a 0.1% negative impact from foreign exchange.The company witnessed price deflation of around 2% due to weakness in certain commodity categories, which was partially offset by a 2% increase in organic volumes.Net sales in the U.S. business increased by 1.3%, while that in Canada grew by 2.0%.Adjusted gross margin expanded by 40 basis points to 31.0% in the fourth quarter. Adjusted operating…