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BUSINESS1d agoThe US is gobbling up Venezuelan oil, but will it lower fuel prices?Analysts say Venezuelan crude is hard to extract and refine, and likely can't replace oil stuck in the Strait of Hormuz.Al Jazeera [en]
BUSINESS1d agoChampion Breweries appoints Malolan Sampath as MD/CEOThe company said its appointment comes as it enters a new phase of growth and transformation. The post Champion Breweries appoints Malolan Sampath as MD/CEO appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoREX American Resources GAAP EPS of $1.06, revenue of $168.5MREX American Resources reported GAAP earnings per share of $1.06 and revenue of $168.5 million. This provides a financial update on the company's performance.Seeking Alpha Tech
BUSINESS1d agoDaktronics GAAP EPS of $0.40 beats by $0.05, revenue of $234.5M beats by $4.23MDaktronics reported GAAP earnings per share of $0.40 and revenue of $234.5 million, exceeding analyst expectations. This indicates a positive financial performance for the company.Seeking Alpha Tech
BUSINESS1d agoFuelCell Energy Non-GAAP EPS of -$0.64 misses by $0.25, revenue of $33M misses by $5.82MFuelCell Energy reported non-GAAP earnings per share of -$0.64 and revenue of $33 million, both missing analyst estimates. This indicates a weaker financial performance for the company than anticipated.Seeking Alpha Tech
BUSINESS1d agoSeptember Is Usually Ugly For Stocks — Why This Year Is DifferentAn analysis discusses why the stock market's performance in September, typically a difficult month for stocks, might be different this year. It provides insights into current market trends.Yahoo Finance
BUSINESS1d agoBerkshire Hathaway Energy sees opportunity in supporting hyperscalers, CEO saysBerkshire Hathaway Energy's CEO stated the company sees opportunities in supporting hyperscalers. This indicates a strategic direction for the energy company in servicing large-scale data infrastructure.Seeking Alpha Tech
BUSINESS1d agoBitcoin and ethereum prices today, Wednesday, September 2, 2026: Crypto prices tumble as Iran war reignitesBitcoin and Ethereum prices have tumbled today, September 2, 2026, reportedly due to the reignition of the Iran war. This indicates how geopolitical events can impact cryptocurrency markets.Yahoo Finance
BUSINESS1d agoNNPC records decline in oil, gas output in July as disruptions hit operationsThe decline in production came despite NNPC’s ongoing efforts to improve output and sustain operational efficiency across its assets. The post NNPC records decline in oil, gas output in July as disruptions hit operations appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoWarsh left markets guessing on the Fed’s next moveA figure named Warsh caused uncertainty in markets regarding the future actions of the Federal Reserve. This is important for financial stability and investment decisions.Seeking Alpha Tech
BUSINESS1d agoPalo Alto Earnings Reignite Debate Over Organic Growth, AcquisitionsYahoo Finance
BUSINESS1d agoKenya shifts to electric cars as fuel prices soar 50%In Kenya, locally made eletric vehicles are gaining traction as fuel prices rise. As more and more Kenyans consider going electric, local firms are stepping up to assemble EV's domestically.France 24 [en]
BUSINESS1d agoMrBeast claims he has 'negative money' despite $2.6B net worth — Mark Cuban says that's more common than you'd expectMrBeast states he has 'negative money' despite a $2.6 billion net worth, a situation Mark Cuban notes is more common than people might realize. This story explores the financial realities of high-net-worth individuals.Yahoo Finance
BUSINESS1d agoA 2% advisor fee on a $300,000 portfolio could cost $220,000 over a decade — here's how to tell if you're overpayingA 2% advisor fee on a $300,000 portfolio could result in $220,000 in costs over ten years, highlighting the importance of understanding if one is overpaying for financial services. This provides financial guidance for consumers.Yahoo Finance
BUSINESS1d agoBull or bear market? AI spurs rethink of traditional market measuresThe rise of AI is prompting a reevaluation of traditional market measures, leading to questions about the current state of bull or bear markets. This indicates AI's growing influence on financial analysis and investment strategies.Yahoo Finance
BUSINESS1d agoG-III Apparel Non-GAAP EPS of $0.26 beats by $0.03, revenue of $554.1M misses by $16.27M, raises FY guidanceG-III Apparel reported non-GAAP earnings per share that beat expectations, but revenue missed projections, and the company raised its full-year guidance. This provides an update on the company's financial performance and outlook.Seeking Alpha Tech
BUSINESS1d agoBrookfield Quintupled Its AI Power Framework to $25 Billion. Bloom Gets the Opportunity, but Who Takes the Risk?Brookfield has significantly increased its AI power framework to $25 billion, with Bloom gaining an opportunity through this expansion. This highlights a major investment in the AI sector and its potential implications for risk and opportunity.Yahoo Finance
BUSINESS1d agoOllie's Bargain Outlet Non-GAAP EPS of $1.42 beats by $0.30, revenue of $741.3M misses by $6.38M, raises FY guidanceOllie's Bargain Outlet announced non-GAAP EPS that surpassed analyst predictions, though its revenue missed targets, and raised its full-year guidance. This shows a positive earnings surprise despite revenue challenges, with an improved outlook.Seeking Alpha Tech
BUSINESS1d agoChevron announced agreements to double its oil production in Venezuela in five yearsThe announcement came shortly after the U.S. Secretary of Energy finalized a pact in Caracas that cedes a fifth of the South American country's reserves to Washington.Clarín
BUSINESS1d agoFull list of African countries where cars are madeAfrica's automotive industry is often associated with the assembly of vehicles belonging to international brands, but several companies on the continent have also developed their own vehicle brands and manufacturing operations. The post Full list of African countries where cars are made appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoMortgage applications rise on new purchase demand, rates hit four-week highMortgage applications have increased due to new purchase demand, even as rates reached a four-week high. This suggests a resilient housing market despite rising borrowing costs.Seeking Alpha Tech
BUSINESS1d agoTiger Global Cut Alphabet 45% and Opened an AMD Position. Is It Rotating From AI Platforms to AI Chips?Tiger Global has significantly reduced its stake in Alphabet while initiating a new position in AMD, raising questions about a potential shift from AI platforms to AI chips. This indicates a notable change in investment strategy within the AI technology sector.Yahoo Finance
BUSINESS1d agoBerkshire CEO Abel says Alphabet a 'significant player' in AI after growing stake in Q2Abel said Berkshire has a clear view of the impacts AI is having across its portfolio of companies, and Google's position relative to the technology is strong.CNBC
BUSINESS1d agoDemand for riskier mortgages rises along with interest ratesMortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.CNBC
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