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Even amid economic uncertainty, American Express will invest further in the credit card model that’s paid off this year: spending heavily on marketing to target wealthy clientele with membership perks, all while raking in high fees.
Ahead of CVS’s third quarter earnings release on Wednesday, experts predict the health giant’s positive trends will continue in the short run: sizable profits and revenues thanks to lucrative pharmacy benefit management contracts and strong demand for health care services since the pandemic.
As Rent the Runway wraps up its first year on the stock market, the company is expected to see continued revenue growth as it seeks profitability.
Axsome Therapeutics Inc. has two central nervous system products on the market that have the industry buzzing around the small biotech company.
Analysts anticipate a notch in Kellogg’s profit despite ongoing supply chain disruptions and inflation pressures still burdening the company.
Occidental Petroleum endured a risky acquisition and a rough pandemic.
Ford Motor Co. has spent half a decade investing in autonomous vehicles but on Wednesday it announced plans to shut down Argo AI, its joint partnership with Volkswagen.
A steep decline in cryptocurrency trading has plunged Coinbase Global Inc. (COIN) toward deep losses and analysts say there’s no easy fix to lift the company out of the red.
Meta Platforms, Inc.
Mass media giant Fox Corp. is poised to see boosts in revenue this quarter, buoyed by record political advertising spending ahead of the U.S.
Intel Corp. has set out to streamline its operations in response to economic headwinds that’ve dragged down demand for semiconductors more than it originally anticipated.
Inflationary pressures slashed earnings and revenues for McDonald’s Corp.
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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