Hotel giant beats its earnings target and raises its profit outlook as its predicts less sluggish revenue per room figures ahead ...

Core Insights - The company is focusing on providing both fiber and wireless services to more customers, indicating a strategic shift towards integrated service offerings [1] - The company reports that this strategic move is yielding positive results, suggesting an increase in customer acquisition or retention [1] - Analysts are expected to closely observe the effects of promotional activities on the company's performance [1]

Robin Brooks, senior fellow at the Brookings Institution, sought to explain the flows driving the price of gold ...

Core Point - The prolonged U.S. government shutdown complicates the Labor Department's ability to publish essential reports, even with potential White House approval [1] Group 1 - The longer the shutdown lasts, the more challenging it becomes for the Labor Department to release key economic data [1]

Core Viewpoint - Goldman Sachs projects a 30% upside for Chinese stocks by the end of 2027, indicating a positive outlook for the Chinese equity market in the coming years [1] Summary by Relevant Categories Market Outlook - The firm anticipates that Chinese stocks will experience significant growth, with a target of 30% increase by 2027 [1] Investment Strategy - Investors are encouraged to consider Chinese equities as a viable option for capital appreciation, given the projected upside [1] Economic Indicators - The analysis suggests that underlying economic factors in China will support this growth trajectory, although specific indicators were not detailed in the summary [1]

Core Viewpoint - L'Oreal shares experienced a decline due to the CEO's lack of confidence regarding future sales performance [1] Company Summary - The CEO of L'Oreal did not express strong optimism about upcoming sales, which contributed to the drop in share prices [1] Industry Summary - The cosmetics industry may face challenges if leading companies like L'Oreal show uncertainty in sales forecasts, potentially impacting investor sentiment [1]

Core Insights - Shares of Berkshire Hathaway have formed a bullish "golden cross" chart pattern, indicating potential upward momentum in the stock price [1] Company Summary - The formation of the "golden cross" pattern occurs less than three months before Warren Buffett is set to retire, which may influence investor sentiment and stock performance [1]

Core Insights - Meta and Blue Owl have established a record joint venture valued at $27 billion for the Hyperion data center, indicating a significant shift in how major technology companies are financing their artificial intelligence initiatives [1] Company Summary - The joint venture represents a strategic collaboration between Meta, a leading tech giant, and Blue Owl, highlighting the increasing importance of data centers in supporting AI development [1] - This partnership may set a precedent for future funding models within the tech industry, as companies look for innovative ways to finance their AI projects [1] Industry Summary - The $27 billion investment underscores the growing trend of Big Tech companies investing heavily in infrastructure to bolster their AI capabilities [1] - This move reflects a broader industry shift towards collaborative funding approaches, which may influence how technology firms allocate resources for AI advancements in the future [1]

Kyle Mitchell tells MarketWatch it took him and some paid helpers more than four months to acquire the 5 million coins, which weigh almost 30 tons. ...

OpenAI's new ChatGPT Atlas browser is the latest in a series of new products that are challenging Alphabet's ecosystem. ...