by Safiyah Riddle | Nov 24, 2023
For nearly a decade now, the increasing intensity and cost of natural disasters has been one of the most significant headwinds for property insurers. More recently, some of the country’s largest insurance companies have made headlines for pulling away from select...
by Safiyah Riddle | Nov 6, 2023
It was a tale of two halves of the year for Progressive Insurance, after third quarter earnings topped estimates and reversed dire trends from the previous quarter. Though revenue missed estimates by less than 0.1% at $15.56 billion, the company avoided the massive...
by Safiyah Riddle | Nov 6, 2023
Wingstop’s third quarter performance trounced Wall Street’s expectations on Wednesday, as strategic innovations from last year expanded Wingstop’s consumer base through the second half of the year and the company successfully insulated itself from supply-side...
by Safiyah Riddle | Oct 17, 2023
Intel Corp. is playing the long game by hedging its $150 billion dollar pivot into foundry manufacturing on a favorable geopolitical climate, as well as the highly-anticipated explosion of AI technology into every facet of life. But steady returns on the company’s...
by Safiyah Riddle | Oct 3, 2023
Progressive insurance announced that it will be pulling back on homeowner insurance in Florida, in the latest effort to recover from the combined impacts of inflation and the surging cost of the climate crisis in certain states. But not all investors are convinced...