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Revvity (NYSE:RVTY) reported in-line Q4 revenue growth of 4.8% to $729.4 million, meeting Wall Street estimates. However, full-year revenue guidance slightly missed analysts' forecasts, projecting 2.5% growth. Despite this, Revvity outperformed on non-GAAP earnings per share, with a 3.1% beat. Find out more in our full research report to determine if Revvity is a buy.
Published on: January 31, 2025, 09:00 PM UTC
Treasuries rise for the month amid uncertainty over Trump's policies, particularly tariffs and immigration, and mixed economic data.
Published on: January 31, 2025, 08:03 PM UTC
The latest reading of the Fed's preferred inflation gauge showed prices increased in line with expectations in December as inflation remained above the Fed's 2% target.
Published on: January 31, 2025, 08:03 PM UTC
Ford and GM face potential tariffs on auto imports from Mexico and Canada, prompting Ford CEO Jim Farley to outline the company's strategy for navigating this policy issue. Farley emphasizes Ford's strong domestic manufacturing presence and commitment to working with the Trump administration on policies affecting the auto industry, including tariffs, CO2 regulations, and EV tax credits. Despite challenges posed by the administration's rollback of Biden's EV emissions target and potential elimination of the IRA EV tax credit, Ford remains committed to its EV development plans and believes its next-generation EVs will be profitable.
Published on: January 31, 2025, 08:03 PM UTC
Trump's tariffs could increase average effective tariff rate by 7 to 27 percentage points, says Yale Budget Lab. Markets are uncertain about impact on inflation and Fed's interest rate plans. Trump's self-imposed deadline for tariffs is Saturday, but details are still unclear. Fed Chair Powell says Fed is in a wait-and-see mode due to uncertainty caused by tariffs.
Published on: January 31, 2025, 08:02 PM UTC
Apple beats earnings estimates, but iPhone sales in China decline. Analysts remain bullish, citing Tim Cook's explanation of the decline and the company's strong AI capabilities.
Published on: January 31, 2025, 08:02 PM UTC
Inflation data remains constant, reinforcing the Fed's wait-and-see approach to interest rates, with core PCE rising 2.8% annually and 0.2% monthly in December.
Published on: January 31, 2025, 08:01 PM UTC
Gold prices surge as trade tensions escalate; Goldman Sachs sees potential for $3,000 per ounce in Q2 2026.
Published on: January 31, 2025, 08:01 PM UTC
Uncertainty around energy tariffs weighs on oil markets ahead of Trump's Feb. 1 deadline, with potential implications for US-Canada trade and the global economy.
Published on: January 31, 2025, 08:01 PM UTC
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Published on: January 31, 2025, 08:00 PM UTC