Three major product launches expected this year and better brand recognition improve the outlook for the stock, UBS said.
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It’s time to buy Nio shares after the Chinese electric vehicle maker’s 44% drop in past year, UBS says
Business
Delta says premium travel is set to overtake coach cabin sales next year
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at […]
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Business
Macao is becoming more than a gambling destination. Casinos are winning big anyway
If you blindfolded an American tourist and plopped them on the Cotai Strip in Macao, they might take one look at the Venetian hotel and the replica Eiffel Tower and assume they were in Las Vegas. Like Las Vegas, Macao — a special administrative region of China — is transforming itself with fresh entertainment, waterparks, […]
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Business
PepsiCo earnings top estimates as international markets fuel sales growth
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as international growth offset another quarter of declining volume in North America. Shares rose 1% in premarket trading. Here’s what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: […]
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