Good news has been sparse for the German economy. And the latest economic data has not done much to change this.A few key 2023 data points, namely factory orders, exports and industrial production, were out last week and indicated a weak end to the year that saw questions about Germany…

For the most part, the stock market and underlying stocks’ fundamentals have been in a state of disconnect since the furious rally that began in November. Most companies are still reporting slowdowns in revenue growth driven by elongated macro pressures, even though the S&P 500 freshly hit records above 5,000.…

Investors may want to consider putting money to work in a lagging part of the market.According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal.”The [oil] supply is there. The companies are arguably the next best cash flowing companies [compared to] the semiconductors,” he told CNBC’s…

Move over Disney World, there’s a new celebration destination for one of this year’s Super Bowl hopefuls. Although the big game is being held in Las Vegas — a city famous for its clubs, restaurants and shows — players won’t be partaking in the festivities ahead of Sunday night’s matchup…

NGL Third Quarter Update: NGL Energy Partners (NGL) reported earnings last night (Feb 8th). They had already given a look at Q3 numbers before the recent bond issues and loan refinancings so numbers weren’t a huge surprise on the whole. Adjusted EBITDA came in at $151.7 million versus the guide…

Temu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run.The company, owned by PDD Holdings, skyrocketed to prominence last year after it ran an…

Former President Donald Trump wrote a social media post earlier in the week asking his supporters to give Anheuser-Busch a “second chance” after UFC president Dana White personally asked him to back the beer company, a source told CNBC.Anheuser-Busch last year suffered a major backlash over its Bud Light marketing…

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LONDON — L’Oreal shares fell more than 7.3% in early deals Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia.Shares in the stock had recovered slightly to trade down 7% by 8:20 a.m. London time.The world’s largest beauty brand…

China’s economy is sputtering.Its property market is crumbling, deflationary pressures are spreading across the nation, and its stock market has weathered a turbulent ride so far this year, with the country’s CSI 300 index erasing some 40% of its value from its 2021 peaks.Adding salt to the wound, January PMI…