Core Scientific shares slip as Q1 loss offsets revenue growth
Core Scientific reported $115.2 million in first-quarter revenue, up from $79.5 million a year earlier. Summary Core Scientific revenue rose…
Tag: Offsets
Norway’s Tangen Sees Market Gains as AI Offsets Energy Inflation
The advent of the AI era is cancelling out some of the inflationary impact of the energy price surge from…
China’s Industrial Profits Surge as Reflation Offsets Cost Shock
China’s industrial enterprises saw their earnings grow at a faster pace in March, as rebounding producer prices offset the pressure…
American Airlines reports record revenue as strong travel demand offsets higher fuel costs
It’s a precarious time for the airline sector, as a surge in fuel costs due to the Iran conflict is…
Dollar Strength Offsets War Premium as Treasuries Fall
The dollar is among the few major assets to have rallied this week, while traditional safe havens such as Treasuries, the…
Gold Steadies as Firmer Dollar Offsets Middle East Risk Premium
Gold steadied after losing more than 1% in the previous session, pressured by a stronger US dollar as the war…
HYPE jumps 5% as token burn offsets $316 Million unlock, JUP gains weekly on supply freeze
Hyperliquid’s HYPE token outperformed bitcoin BTC$66,930.29 and the broader market as traders flocked to the decentralized exchange over the weekend,…
BHP Profit Climbs as Copper Offsets China Drag on Iron Ore
BHP Group’s earnings for the six months to the end of December rose by more than a fifth thanks to…
AB InBev Offsets Beer Slump With Non-Alcoholic, Premium Sales
Anheuser-Busch InBev offset weaker volumes in Europe and North America with growth in other regions and stronger sales of premium…
US Stocks Inch Higher as Chips Bump Offsets ‘Expensive’ S&P 500
The S&P 500 Index closed slightly in the green on Friday, as gains for semiconductor stocks helped mute concern about…