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US GDP declined 1.5% in Q1, consumer spending stayed strong
Economy

US GDP declined 1.5% in Q1, consumer spending stayed strong

In a revised GDP data on Thursday, the Commerce Department said that the US economy shrank at an annual rate of 1.5% in the first three months of this year, more than its prior estimate of 1.4%. It is the first slump since the second quarter of 20...

Top 5 mid-cap stocks to explore: UTHR, SWX, ACHC, WWE & Y
Midcap Stocks

Top 5 mid-cap stocks to explore: UTHR, SWX, ACHC, WWE & Y

Highlights United Therapeutics Corporation (NASDAQ: UTHR) revenue soared 22% YoY in Q1, FY22. Acadia Healthcare Company, Inc. (NASDAQ: ACHC) revenue surged nearly 12% YoY in the first quarter of fiscal 2022. Alleghany Corporation’s (NYSE...

Dollar General Corp (DG) stock surges 10.84% after raising sales guidance
Retail Stocks

Dollar General Corp (DG) stock surges 10.84% after raising sales guidance

Dollar General Corporation (NYSE: DG) on Thursday reported its quarterly earnings for the first quarter ended April 29, 2022. Its stock jumped 10.84% to US$216.52 at 10:53 am ET after announcing the better-than-expected results. The company report...

Chinese car tech company Ecarx eyes US listing after Cova Corp merger
IPO

Chinese car tech company Ecarx eyes US listing after Cova Corp merger

Highlights: Ecarx Holdings Inc. to make US market debut after merging with Cova Acquisition Corp. Ecarx’s US listing would be the largest by a Chinese company since Didi Global Inc. US listings of Chinese firms are currently stalled as B...

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