It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Apple, Alphabet, and Tesla stocks have recently faced challenges. Apple, in particular, has struggled due to lower iPhone sales, legal issues, and project cancellations. Despite these setbacks, Apple's loyal consumer base and upcoming changes to increase revenue per device remain strong. Generative AI is a promising new technology, but analysts are concerned that Apple may fall behind in this area. Additionally, antitrust and geopolitical tensions could impact Apple's earnings.
New York Community Bank faces mounting challenges after reporting a $2.4 billion loss, prompting CEO resignation and delayed annual report. Investors express concern over commercial real estate loans and loan portfolio oversight, potentially leading to increased loan losses. Despite initial stock stabilization, shares have plummeted 25%, raising questions about deposit stability and liquidity. Concerns linger over the bank's financial stability and independence, with potential implications for the banking industry remaining limited for now.
