Wojtek Spaliński

Carvana reported a significant 27% revenue increase, reaching $13.7 billion, surpassing expectations by 1.5%. Despite strong revenue, net income declined by 53% to $210 million, highlighting profitability challenges due to increasing costs. Profit margins shrank from 4.2% to 1.5%, reflecting the impact of rising expenses. Future revenue growth is projected at 18% annually over the … Read more

Cushman & Wakefield’s revenue rose by only 3% to $2.63 billion, missing market expectations and causing a stock drop of over 7%. The commercial real estate giant faces challenges from digital disruption, as internet listings democratize property information, impacting traditional brokerage roles. The company’s growth has slowed, with a five-year annual growth rate of just … Read more

Institutional investors hold a commanding 87% stake in Travel + Leisure Co., significantly impacting its share price and strategy. The company boasts a market cap of US$3.9 billion and has achieved a 38% return for shareholders over the past year. Vanguard Group and BlackRock are major players, holding 15% and 10% respectively, shaping investment decisions … Read more

BioMarin Pharmaceutical outperformed expectations with a 15.6% increase in year-on-year revenue, reaching $747.3 million, surpassing analyst forecasts of $713.2 million. The company, known for therapies targeting rare genetic disorders, projects 2025 revenue of $3.15 billion, slightly exceeding expert predictions by 1.5%. BioMarin’s adjusted EPS is projected at $4.30, outperforming professional forecasts by 3.4%, with free … Read more

Biogen and Stoke Therapeutics have partnered to develop zorevunersen, aimed at treating Dravet syndrome, a genetic epilepsy. The EMPEROR study, a Phase 3 trial, is set to commence in 2025, with pivotal results expected in 2027. Biogen holds exclusive commercial rights outside North America, with an initial payment of $165 million and potential milestones up … Read more

As Thanksgiving approaches, many organizations are stepping up to ensure that no resident in Santa Clara County goes hungry. CityTeam, among others, is preparing substantial quantities of food, including turkeys, mashed potatoes, and vegetables, to assist local individuals grappling with food insecurity. Collaborating with various nonprofits and faith organizations, these groups are committed to distributing … Read more

In order to access targeted data from a specific country, users can change their Market settings effortlessly. By opening the relevant menu, you can select the desired Market flag corresponding to your country, allowing for a more customized data experience. If you’re looking for additional chart options, there’s a simple method to enhance your analysis. … Read more

On election night, a vibrant crowd convened at Mar-a-Lago to celebrate alongside former President Donald Trump. Prominent figures, including influential entrepreneurs from Silicon Valley, filled the room with an atmosphere of excitement. An attendee noted that the energy was palpable, igniting hopeful sentiments about America’s future. Many in the tech industry, particularly those aligned with … Read more

A significant financial milestone has been achieved in San Jose’s downtown area with the successful procurement of over $200 million in funding for a major office building initiative. This development involves a striking 19-story office tower known as 200 Park, which encompasses an impressive 971,000 square feet of commercial space. Published on November 5, 2024, … Read more

In a lively celebration of eco-friendly advancements, a local barber has become an unexpected champion for renewable energy, capturing the community’s imagination. The event, teeming with residents eager to embrace sustainable practices, was the stage for Javier Rodriguez, Jr., owner of Knockout Barbershop, to share his electrifying journey with solar energy. Rodriguez’s enthusiasm was palpable … Read more