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January's CPI report to test inflation, gauge Fed rate cut likelihood
Published on: February 11, 2025, 11:01 PM UTC
Super Micro Computer (SMCI) stock fluctuates despite facing controversies, delayed SEC filings, and missed earnings estimates.
Published on: February 11, 2025, 11:01 PM UTC
Israel has borrowed $5 billion in a bid to bolster its balance sheet after more than 16 months of war. In a two-part deal, the country sold $2.5 billion of notes maturing in five years and a tranche of equal size due in 10 years.
Published on: February 11, 2025, 11:01 PM UTC
Zillow (ZG) reports Q4 2024 results, beating revenue expectations but missing on guidance. Revenue grew 16.9% YoY to $554 million, while non-GAAP EPS was $0.27, in line with estimates. Despite a 6.1% stock drop, analysts remain optimistic, predicting a 14.3% revenue growth over the next 12 months.
Published on: February 11, 2025, 11:00 PM UTC
Asian stocks are set to advance on Wednesday, while bond yields climb after Federal Reserve Chair Jerome Powell signals patience before cutting interest rates further. The Fed doesn't need to rush to adjust interest rates, Powell told Congress, largely echoing remarks in January, after the key policy rate was left unchanged following cuts at each of the last three meetings in 2024.
Published on: February 11, 2025, 11:00 PM UTC
Final hearing for Canada's First Quantum's Cobre Panama mine moved to February 2026, mine remains closed since November 2023 amid legal and environmental disputes.
Published on: February 11, 2025, 11:00 PM UTC
U.S. stocks ended mixed after Trump's latest tariff escalation and the Fed's hint that interest rates may not change for a while.
Published on: February 11, 2025, 10:11 PM UTC
Anterix Inc. (ATEX) reports $7.7 million in fiscal Q3 net income, a 41 cents per-share profit. Revenue reached $1.6 million and shares have climbed 18% YTD, 12% over the past year.
Published on: February 11, 2025, 10:11 PM UTC
Confluent Inc. (CFLT) reported a Q4 loss of $0.27 per share, exceeding Wall Street expectations. Revenue of $261.2 million also topped estimates. For 2023, Confluent expects EPS of $0.06-$0.07 in Q1, EPS of $0.35 for the full year, and revenue of $1.12 billion.
Published on: February 11, 2025, 10:11 PM UTC
January inflation data expected: 2.9% headline, 3.1% core; Fed rate cut debate hinges on inflation trends
Published on: February 11, 2025, 10:10 PM UTC