Author: Press Room
Augmedix GAAP EPS of -$0.10 beats by $0.02, revenue of $11.8M beats by $0.37M
Former President Trump demanded a jury Monday after his unprecedented time on the stand, calling the civil trial against him and his businesses a “disgrace” and saying New York Attorney General Letitia James has “no case.” Trump described his forced testimony as “election interference,” while maintaining that his net worth is “far greater” than financial statements during testimony Monday.The former president and 2024 Republican presidential frontrunner took the stand Monday morning in the non-jury civil trial stemming from Attorney General Letitia James’ lawsuit against him, his family and his businesses. James alleged Trump defrauded banks and inflated the value of his…
In trading on Monday, shares of AT&T were yielding above the 7% mark based on its quarterly dividend (annualized to $1.11), with the stock changing hands as low as $15.64 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF back on 12/31/1999 — you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI is launching custom versions of ChatGPT that can be adapted and tailored for specific applications, turning the chatbot interface into a digital platform like iOS or Android.Known as GPTs, the tools can be built using plain English for cases such as tutoring a child in maths, creating a travel concierge or designing a website. The Microsoft-backed artificial intelligence company said it planned to launch a GPT Store in the coming weeks, to collate the best apps, and eventually split revenues with…
© Reuters. FILE PHOTO: Telecom Italia (TIM) logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Elvira Pollina MILAN (Reuters) -Shares in Telecom Italia (BIT:) (TIM) slipped on Monday after investor Vivendi (OTC:) threatened a legal challenge to the former phone monopoly’s plan to sell its network grid in a 19 billion euro ($20.4 billion) deal. The sale to KKR would make TIM the first telecoms group in a major European country to part ways with its landline grid, and is a key plank of TIM CEO Pietro Labriola’s plan to…
© Reuters. Equitable Holdings (NYSE:)’ Series A Preferred Stock (EQH.PRA) surpassed the financial sector’s average yield of 7.13% on Monday, providing a yield above 7% based on its annualized quarterly dividend of $1.3125 and a share price low of $18.75. This performance stands in stark contrast to the sector’s average, highlighting EQH.PRA’s strong performance. The preferred stock closed trading at a 23.88% discount to its liquidation preference amount, a noteworthy deviation from the category’s average discount of 14.89%. This suggests that investors are pricing in a higher risk for EQH.PRA compared to other preferred shares in the financial sector. EQH.PRA…
Immix Biopharma climbs on upcoming ASH readout
Donald J. Trump began his testimony Monday before a packed Manhattan courtroom, filled with onlookers. They had come to witness the spectacle of a former U.S. president taking the witness stand at trial to defend his family business and his reputation as a real estate mogul.Before the civil trial even began, the judge in the case, Justice Arthur Engoron, ruled that Mr. Trump had fraudulently misvalued his properties for years and revoked his licenses to operate those in New York — a ruling that has been appealed.The trial, which is in its sixth week, will determine how much more Mr.…
A record 48 oil supertankers are making their way to the US, Bloomberg reported. US crude oil production and exports are booming, while OPEC+ countries have curbed oil supply. US oil exports hit 3.99 million barrels a day in the first half of 2023, according to the EIA. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app US crude oil production is booming, reeling in a record-high number of supertankers to fill up at the Gulf Coast for export to markets around the world.According to…
This article is an on-site version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight to your inbox three times a weekToday’s top storiesUK prime minister Rishi Sunak will announce new legislation in the King’s Speech tomorrow to mandate annual North Sea oil and gas licensing rounds. US Treasury secretary Janet Yellen is set to meet China’s vice-premier He Lifeng in San Francisco this week ahead of a summit between the countries’ leaders at the Asia-Pacific Economic Cooperation forum. On the agenda are US concerns about unfair Chinese economic practices as well as potential areas…