Posts with tag: adventure
Equinix forecasts lower-than-expected revenue due to a strong dollar and concerns about data center expansion costs amid generative AI adoption.
Published on: February 12, 2025, 10:00 PM UTC
The latest inflation data shows a hotter-than-expected increase, leading the Federal Reserve to maintain a cautious stance on interest rates for the foreseeable future.
Published on: February 12, 2025, 08:03 PM UTC
Intel stock rose 3% after VP Vance's bullish comments on domestic chip manufacturing, as the company aims to boost AI chip production in the US amidst competition from TSMC and Samsung.
Published on: February 12, 2025, 08:02 PM UTC
Intel stock jumped after Vice President Vance signaled the Trump administration's support for domestic AI chip manufacturing, but the company faces challenges to regain its dominance.
Published on: February 12, 2025, 07:02 PM UTC
New inflation data shows consumer prices rose more than forecast in January, reversing last month's easing. Core prices climbed 0.4% over the prior month, the largest monthly rise since April 2023. Inflation has remained above the Federal Reserve's 2% target, complicating its path forward for interest rates.
Published on: February 12, 2025, 07:02 PM UTC
Meta's strong fundamentals, rather than its relationship with President Trump, are driving its stock to record highs. Morgan Stanley analyst Brian Nowak believes the company's improving platform and advertising dynamics are behind its success.
Published on: February 12, 2025, 06:02 PM UTC
Inflation data released Wednesday showed consumer prices rose more than expected in January, with core prices reversing last month's easing. The Federal Reserve's path forward remains in focus. CPI increased 3% year-over-year, up from 2.9% in December, driven by factors like higher fuel and food costs. Core inflation, excluding volatile food and gas, rose 0.4% month-over-month and 3.3% year-over-year. Used-car prices contributed to the increase in core goods. Economists debate the impact of the data on the Fed's interest rate decisions, with some expecting a more cautious approach.
Published on: February 12, 2025, 06:01 PM UTC
Knight-Swift, A. Duie Pyle and TForce Acquire Seven Yellow Corp. Terminals for $15.1 Million
Published on: February 12, 2025, 06:00 PM UTC
Warburg Pincus to Acquire Vermont Information Processing, a Beverage Distribution Software Provider, for $1 Billion
Published on: February 12, 2025, 05:05 PM UTC
Inflation is hitting shoppers' wallets, with key staples like eggs, orange juice, and coffee seeing significant price increases. Avian influenza has reduced egg production, while hurricanes and citrus greening have affected orange juice. Coffee prices are also on the rise due to weather events and supply chain issues.
Published on: February 12, 2025, 05:02 PM UTC