Palantir Technologies Inc., a software company founded in Silicon Valley to help governments and companies collect and parse data, used its Tuesday filing for a direct listing to confirm a move away from the California technology hub and declare that “we seem to share fewer and fewer of the technology …
Read More »The stock market’s big swings indicate a top or a bottom — here’s how to decide
I am receiving a large number of complaints about the stock market’s wild swings as the new coronavirus spreads across the U.S. My suggestion is to not complain. The reason is that there is nothing you can do. Investors ought to accept the swings, focus on making money from them …
Read More »Dow Jones Newswires: Carrefour swings to 2019 profit and raises 2022 targets
Carrefour SA reported Thursday a swing to net profit for 2019 despite booking a slightly lower revenue, and raised its transformation targets due by 2022. The French grocer CA, +1.55% made a net profit of 1.13 billion euros ($ 1.23 billion) for the year compared with a loss of EUR561 …
Read More »Dow Jones Newswires: Telefonica swings to loss in fourth quarter
Telefonica SA said Thursday that it swung to a net loss in the fourth quarter of 2019 as the company’s pullout from some Latin American markets and the sale of 10 data centers took their toll. The Spanish telecommunications company TEF, -0.28% TEF, +0.14% posted a net loss for the …
Read More »Dow Jones Newswires: Siemens Gamesa swings to loss and cuts guidance
Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year guidance. The Spanish wind-turbine maker SGRE, +5.38% said it booked a quarterly loss of 174 million euros ($ 192.6 million) for …
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