Tesla's (TSLA) first-quarter earnings reported after Tuesday's market close was lackluster, bordering on disastrous. Yet the stock jumped 16% Wednesday morning, ripping open a wide breakaway gap from the previous day's close. What happened? Well, Elon Musk framed the dismal numbers with a compelling narrative that
On this week's edition of Stock Talk with Joe Rabil, Joe uses the MACD to analyze SPY and shares what to look for to find the next buy point. Joe then analyzes stocks including ADBE, XOM, and CRM.This video was originally published on April 24,
The National Government’s budget deficit narrowed in March as revenue collections rose by 11%. -- Photo by Edd Gumban, The Philippine StarBy Luisa Maria Jacinta C. Jocson, ReporterTHE National Government’s (NG) budget gap narrowed in March amid a dip in tax collection and muted spending,
A power plant substation is seen in Malate, Manila on April 18. -- EDD GUMBAN, The Philippine StarBy Ashley Erika O. Jose, ReporterTHE PHILIPPINES’ main grids on Wednesday experienced a shortfall of energy supply for the seventh time this month, with a yellow alert being
People visit the Dolomite beach in Manila, Feb. 18. -- Photo by Edd Gumban, The Philippine StarBy Beatriz Marie D. Cruz, ReporterTHE PHILIPPINES lags behind some of its Southeast Asian neighbors in terms of readiness in developing smart tourism ecosystems, hampered by high internet costs
Motorists drive amid a sudden downpour along Commonwealth Avenue in Quezon City, April 24. -- PHOTO BY MIGUEL DE GUZMAN, The Philippine StarTHE PHILIPPINE economy likely continued its growth momentum in the first quarter, although this may fall short of the government’s target, GlobalSource Partners
OCEANAGOLD Philippines, Inc. (OGPI) announced on Wednesday the final offer price for its upcoming initial public offering (IPO) at P13.33 per share, falling below the upper estimate of P17.28 per share projected by its parent company OceanaGold Corp.The IPO will consist of 456 million secondary
ASIALINK Finance Corp. (Asialink) is gearing up to conduct an initial public offering (IPO) by 2028, its chief executive officer said on Wednesday.In preparation for this milestone, the finance company is working to strengthen its financial standing, Asialink Chief Executive Officer Robert B. Jordan, Jr.
PXP Energy Corp. saw its attributable net loss for the first quarter (Q1) narrow to P2.61 million from P6.08 million last year, driven by higher crude oil sales, the upstream oil and gas company said on Wednesday.The company’s combined revenues for the first quarter expanded
By Waya Araos-WijangcoIN THE sweltering metropolis, one of the best ways to cool down is to indulge in an icy traditional summer treat — the halo-halo.Halo-halo (Filipino for “mixed”) is, well, a mix of crushed or shaved ice, local sweets, and milk. Sometimes it is
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