Explore the latest Business & Economy global economic trends on TrueNewj.com.. Stay informed with expert insights, market updates, startup stories, and financial analysis from India and around the world
Seagate Technology (STX) stock has generated phenomenal returns of nearly 700% over the past 52 weeks on the back of demand for AI, resulting in a mismatch between supply and demand for storage products. Strong demand, along with price increases for storage drives, has helped Seagate’s revenue grow and margins expand. This has triggered positive…
Mark Zuckerberg held a town hall meeting at the company on April 30 to directly address Meta employees about the layoffs. It was the first time he had spoken to staff about the cuts since Reuters first reported on the plan in March. What he said did not reassure them. And what he didn’t say…
Amazon.com Inc. constituted more than 50% of Rivian Automotive Inc.Revenue in the first quarter of 2026, according to earnings data shared on Thursday. I am very proud of our relationship, says RJ Scaringe During the earnings conference call, Rivian CEO RJ Scaringe He was asked to comment on non-Amazon customer interest in Rivian commercial vehicles….
Tyson Foods, Inc. will release its second quarter earnings before the opening bell on Monday, May 4. Analysts expect the company to report quarterly earnings of 78 cents per share, up from 92 cents per share in the year-earlier period. The consensus estimate for Tyson Foods’ quarterly revenue is $13.61 billion (it reported $13.07 billion…
Picture this: You’re 50 years old, making $70,000 a year, and finally, after years of financial turbulence, you’re in a stable enough place to evaluate where things are. The problem? He has $30,000 in debt spread across student loans, a personal loan, and a stubborn credit card balance, and his retirement savings are almost nonexistent….
Kristin Trecker, senior vice president and chief people officer of vison (NASDAQ: VC)reported the direct sale of 4,259 shares in multiple open market transactions on April 27 and 28, 2026, according to an SEC Form 4 filing. Transaction summary Metric Worth Shares sold (direct) 4,259 Transaction value ~$477,000 Post-transaction actions (direct) 6,557 Post-transaction value (direct…
Coca-cola (NYSE: KO) has crushed stocks overall in 2026, even amid concerns about geopolitical tensions, inflation and a possible recession. The company’s shares are up 13% this year, compared to S&P 500 return of only 5%, and the stock is not that far from its all-time high. Is Coca-Cola worth investing in at current levels?…
Kevin Warsh is expected to become the next chairman of the Federal Reserve after getting the nod from the Senate Banking Committee. Assuming the full Senate confirms his nomination, he will succeed Jerome Powell (who has held the position since 2018) by May 15. Powell, however, has said he will not leave the Federal Open…
Chevron (NYSE: CVX) produced a production surge in the first quarter as its global output soared 15% to nearly 3.9 million barrels of oil equivalent per day (BOE/d). That increase in production coincided with a huge rally in oil prices. That double whammy would normally generate huge windfalls for an oil company. However, that was…
Gasoline prices are rising sharply again across the country, and the increase is especially hitting a group of Midwestern states that backed Donald Trump in the 2024 election. The increase is closely related to oil prices rising to wartime highs amid ongoing geopolitical tensions, particularly the conflict in Iran. The average cost of gas in…
