Category: Growth
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Payment fears deter UK businesses from pursuing overseas growth
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Concerns about international payments are discouraging many UK businesses from dealing with suppliers abroad or entering new markets, according to a new study by HSBC UK. The survey of more than 1,000 financial decision makers found that 43% are reluctant to conduct international business due to uncertainty about hidden payment…
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Vista Oil & Gas reports robust growth in Q2 2024 By Investing.com
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Vista Oil & Gas (ticker: VISTA) has reported significant growth in production and financial performance in its second quarter of 2024. The company’s total production surged by 40% year-over-year to 65,300 barrels of oil equivalent per day (BOEs per day), with oil production alone increasing by 46%. Total revenues for…
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3 Red-Hot Growth Stocks to Buy in 2024 and Beyond
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The stock market has generally had an excellent year so far — Standard & Poor’s 500 U.S. stocks are up 17%. Of course, some hot stocks have outpaced this growth, and while it may seem counterintuitive, some of the stocks that have already made big gains may still be among…
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Rachel Reeves unveils new economic advisory council to drive UK growth
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Rachel Reeves is set to announce the creation of an economic advisory council to lead Labour’s core “national mission” of economic expansion following the party’s recent landslide general election victory. The Council will be chaired by John Van Reenen, a leading expert on innovation and former Downing Street policy adviser…
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Tesla stock notches 10th consecutive day of gains as investors eye growth potential
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Tesla (TSLA) stock closed up about 4% on Tuesday, posting gains for the 10th straight day. The positive moves mean Tesla has erased all of its losses since the start of the year, with the stock up about 5% year-to-date. Shares are up about 75% since hitting a 52-week low…
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Wolfe downgrades State Street to Underperform on constrained EPS growth
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The brokerage, which set a $73 price target for the asset management firm, said it sees significant upside risks to the stock. Consensus EPS estimates for 2026. Wolf added that the consensus currently points to a significant increase in earnings per share, with earnings per share in 2025 and 2026…
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Gilead Sciences stock upgraded by Raymond James on strong growth outlook for new drugs By Investing.com
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On Monday, Raymond James changed its stance on Gilead Sciences Inc. (NASDAQ:GIL) stock, upgrading it from “market perform” to “outperform.” The firm also set a $93.00 price target for the biopharmaceutical company. This update is bolstered by promising data from the PURPOSE-1 study of lenacapavir, a long-acting HIV pre-exposure prophylaxis…
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UK Chancellor Reeves speaks Monday: Focus on making economic growth a “national mission”
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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What can investors expect for S&P 500 earnings growth in 2025 By Investing.com
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As the second half of 2024 begins, market participants are reassessing their earnings growth expectations not only for this year but for 2025 as well. Wall Street analysts expect S&P 500 companies to see strong earnings per share growth of 14.5% in 2025. According to analysts at Yardeni Research, this…
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New York Fed Nowcast growth estimate for Q2 falls to 1.8% down from 1.93% last week
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Why only banks recorded growth in 2024 quarter 1
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Only the banking sector recorded faster growth in the first quarter of 2024, reflecting the huge profits that lenders made from the high interest rates they charged and increased borrowing by cash-strapped companies. Data from the Kenya National Bureau of Statistics shows that all other economic sectors recorded slower growth…
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Constellation Brands Q1 FY2025 shows robust growth By Investing.com
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Constellation Brands, Inc. (NYSE:), a leading beverage alcohol company, has reported a strong start to the fiscal year 2025, with the Beer division driving notable growth. The company’s enterprise net sales outperformed the overall consumer packaged goods sector by 4.5 percentage points. With a focus on disciplined capital allocation, Constellation…
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Atlanta Fed GDPNow growth estimate for 2Q falls to 1.5% from 1.7%
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The Atlanta Fed lowered its GDP growth estimate for the second quarter of 2015 to 1.5% from 1.7% after the latest data. In their words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 1.5 percent On July 3, down…
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Kenya economic growth slows down to 5pc in first quarter
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Kenya’s economy grew at a slower pace of 5% in the first three months of 2024 compared to 5.5% in the same period last year, in a period of turbulent business environment and high interest rates. A report released by the Kenya National Bureau of Statistics showed that all sectors,…
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US new-vehicle sales growth slows after CDK cyberattack By Reuters
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By Nathan Gomez (Reuters) – Major U.S. automakers reported slower sales growth in the second quarter after a cyberattack on software company CDK Systems Inc. impacted operations at several dealerships during a crucial sales period in late June. General Motors reported a 0.6% rise in new vehicle sales, compared with…
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Kenyan online gambling market sees growth with integration of cryptocurrency
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The online gambling market in Kenya is undergoing a major transformation with the integration of cryptocurrencies. This trend opens up new opportunities for both players and operators. Understanding the dynamics behind this shift is crucial to staying ahead of the industry. The rise of cryptocurrency in the online gambling industry…
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Rising trade policy uncertainty poses a downside risk to growth: Goldman Sachs By Investing.com
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Comments and actions on global trade policy are becoming increasingly hawkish, and a potential victory by Donald Trump in the upcoming presidential election could lead to the imposition of significant tariffs on U.S. imports, potentially leading to retaliation and escalation, according to economists at Goldman Sachs. As a result, indicators…
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Nestle sees stable sales growth from Q2, CEO tells paper By Reuters
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FRANKFURT (Reuters) – Swiss food giant Nestle is targeting stable sales volume growth from the second quarter through the rest of the year as cost inflation eases, its chief executive told the Swiss weekend newspaper Schweiz am Wochenende on Saturday. “From the second quarter and the rest of the year,…
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Arcadium Lithium surges as RBC starts as a buy, driven by strong production growth
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Omedia/E+ via Getty Images arcadium lithium (New York Stock Exchange: Altm) +12.7% In trading on Wednesday, RBC Capital rated the stock a new outperform with a $4 price target, saying the company offers investors “the most vertically integrated and diversified exposure to lithium and chemicals across our coverage.” The RBC…