Following the pullback seen in the previous session, stocks are likely to move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 141 points. The upward momentum may partly reflect optimism about corporate earnings news ahead of the release of […]

European stocks were moving in a narrow range on Monday, as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation. Closer home, hawkish ECB policymaker Robert Holzmann told the Austrian public broadcaster ORF on Sunday that the Governing Council will consider […]

The auto business in America has faced unique hurdles over the last year and a half. Demand for cars rose after many people could not visit dealerships due to the COVID-19 pandemic. At the same time, car manufacturers were not able to supply enough vehicles, primarily because of a shortage of the chips used in cars, SUVs, crossover, and pickups. […]

The number of wrongfully convicted Americans who have been exonerated has been steadily rising since at least 1989, when the National Registry of Exonerations began closely tracking this trend. Before 2012, it was rare to have more than 100 convictions overturned in any given year. But since then, the number of exonerations by year has ranged between 103 in 2013 […]

Before the prolonged agony of his multimillion dollar defamation trial with ex Amber Heard, Johnny Depp had some fun doing what he does best: creating a delightfully eccentric character. The project was a trailer for a new massively multiplayer online role-playing game called Sea Of Dawn from Changyou, the Chinese company behind the hit free-to-play MMORPG Dragon Oath which, it says has […]

Paramount Global has unveiled Pamela Kaufman as an effective replacement for Raffaelle Annecchino, overseeing international. Kaufman takes up one of the biggest roles within the U.S. studio in the newly-created position of President and CEO of International Markets, Global Consumer Products & Experiences. She will be responsible for driving the continued growth of Paramount’s international business and ensuring the strength […]

All of the companies that we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high conviction stock picks. These are generally the companies they not only like on a longer term basis, but ones that usually have big upside to the assigned target price. With the second-quarter earnings season in full effect, […]

Sony Pictures Entertainment has posted operating income of $381M (50.7BN yen) for the first quarter of this year, up 25.3% on the $232M posted in the same period last year on a currency basis. Revenues grew even more significantly: up a whopping 136.6% to $2.58BN (341.4BN yen), compared with last year’s $1.87BN. The numbers were significantly impacted by by local […]

Apple’s three vendors in the country have hit the milestone of creating 30,000 new direct jobs since the production-linked incentive (PLI) scheme for mobile devices kicked off in April 2021. Based on the government’s estimate that one direct job in the electronics industry helps to generate three indirect ones, Apple’s vendors, Foxconn Hon Hai, Wistron and Pegatron, are close to […]