A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
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A Best Buy employee decided to test the retailer’s new marketplace by ordering a VR gear, but instead received a product that looked like it came from a cheap 3D printer, with visible layer lines, flimsy materials, and not something that resembled the quality Best Buy built its reputation on.
Northrop Grumman stayed on a hot streak into the third quarter as it continued to get contracts from an administration with ambitions to push the defense budget to historic levels.
Electronic Arts said sales and profits dropped in the most recent quarter, ahead of a go-private deal that analysts expect will lead the company to cut costs.
Taser maker Axon felt the pain of tariffs in the third quarter. The company reported earnings misses that sent the stock into a 9% drop the next day.
The company plans multibillion dollar costcutting measures, while ramping up spending on content Paramount Skydance posted tepid earnings on Monday, giving investors their first look at how the company is faring under its new ownership.
Stablecoin issuer and blockchain application company Circle Internet Group, Inc.
Thermo Fisher Scientific has held its ground even amid a wild run of economic policy shifts.
In their most recent earnings report, Albemarle Corporation, the largest US-based lithium mining company, is projecting their first positive cash flow numbers since 2022, despite an ongoing bust in lithium prices.
Estee Lauder returned to sales growth in the most recent quarter, a sign the turnaround strategy deployed by chief executive officer, Stephane de la Faverie has started to bear fruit.
In a state now dominated by wind energy, the electric utility company is reviving its Duane Arnold nuclear facility to power Google’s data centers.
With Affirm Card, the buy now, pay later giant is vying for a permanent spot in its customers’ wallets.
The lender’s profit and revenue blew past Wall Street’s expectations in their latest quarter.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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greg.david@journalism.cuny.edu