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...On Thursday, its shares rose 10 per cent to 37 cents, reversing a wobble following the fundraising news....
...“We don’t see a path to profit, but we do see they will burn a lot of cash trying. GM would be better placed winding back its bet, and returning the money to shareholders.”...
...Revenues rose by more than a fifth to £142.6mn during the period....
...which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn by the end of the year, provided a riposte to “naysayers” who said the company was “going to burn...
...Capex at Microsoft similarly rose during the quarter to $14bn from $11.5bn a year earlier....
...The company behind the Bored Ape crypto art craze has said it is looking into reports that some attendees suffered “eye burn” from bright light displays at an event it hosted over the weekend in Hong Kong...
...The cost of homeowner’s insurance in the US rose 23 per cent from January 2023 to February 2024, even as coverage in many places is decreasing....
...London’s office vacancy rate rose to 9.5 per cent at the end of March, the highest in 20 years, according to CoStar data. Citadel’s lease runs for 15 years starting when it moves into the building....
...frenetic life, quarrelling in faculty meetings at one moment, advising heads of state the next, then firing off memos to central bankers before drafting his Newsweek column (with the assistance of his wife Rose...
...Santander shares rose 32 per cent last year, though are down more than 40 per cent since Botín replaced her father Emilio as executive chair a decade ago....
...The S&P 500 index rose 24.2 per cent in 2023 in comparison....
...John Burn-Murdoch’s data-driven columns are always interesting, and he is right about presidential approval and consumer confidence becoming detached in the US since last year (“In US elections it’s no longer...
...Tiger’s long positions gained about 50 per cent in 2023, but its overall portfolio only rose about half that much....
...Our losses, our burn against the coupon, haven’t been that material through a cycle....
...Wood’s star rose pretty much in sync with Tesla’s....
...Boeing reported earnings last week, and the stock rose 5 per cent on the results. Did management make the right noises — or do they still think its problems are anomalous and disconnected?...
...In its quarterly earnings report last month, Alphabet’s overall revenue rose to $86.3bn, a 13.5 per cent year-on-year increase that was ahead of analyst expectations, although it narrowly missed forecasts...
...A case in point: Moore Global, a global network of more than 200 mid-size accounting firms with annual revenue that rose 15 per cent last year to $4.5bn, said more than half its revenue growth in 2023 came...
...In contrast spending on bars and pubs rose 14 per cent over the festive season while that on clothing fell 4 per cent....
...Anyway, Montier is out with a new note this week, on what he calls “slow burn Minsky moments”. It’s a good one....
...To quote his wife Rose: “You can’t tell who wrote what, the style is the same throughout the books. I always tell people we work as one; we are one.”...
...Despite the attempt to loosen financial conditions, corporate borrowing fell and loan rejections rose in January, according to a China Beige Book survey. Why such a timid approach, then?...
...That shift has opened the door for investment banks to pitch hard for business that they lost to private lenders after rates dramatically rose in 2022, with the banks hoping for a revival of lucrative fees...
...Lilah is on Instagram @lilahrap, where she’s posting a photo of Breen and his burn book. You can email us at lifeandart@ft.com....
...But it also mimics another hormone, glucagon, that speeds up the rate at which patients burn energy....
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