Deira Trading Company

Morgan Stanley is launching an investing index tied to sports leagues

The Morgan Stanley headquarters in New York on Dec. 27, 2023. Angus Mordant | Bloomberg | Getty Images Morgan Stanley is introducing a new portfolio for investors tied to the most prominent sports leagues. The investment bank’s wealth management division on Thursday announced the launch of what it is calling Parametric Custom Core Sports League […]

Why flights to Europe are the cheapest they’ve been in years

A tourist takes a photo as the Acropolis’ Propylaea are seen in the background, in Athens, Greece, on June 28, 2024. Elias Marcou | Reuters Flights between the U.S. and Europe have not been this cheap in three years, when many countries were just lifting Covid-19 era rules. Fares are low even for the traditionally […]

Comcast (CMCSA) earnings Q3 2024

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.  Shares of Comcast gained 6% in early trading Thursday. Here is how Comcast performed, compared with estimates from analysts surveyed by LSEG: Earnings per share: $1.12 adjusted vs. $1.06 expected Revenue: $32.07 billion vs. $31.66 billion expected […]

Merck (MRK) earnings Q3 2024

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.  But […]

Bristol Myers Squibb (BMY) earnings Q3 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023.  Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday reported third-quarter earnings and revenue that blew past Wall Street’s expectations thanks to its blockbuster blood thinner Eliquis and a portfolio of drugs […]

Peloton (PTON) Q1 2025 earnings

Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reins in costs and looks to improve the unit economics behind its hardware, it said Thursday.   Despite the progress, Peloton is expecting to lose more members and sell fewer bikes and treadmills than Wall Street […]

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