Posts with tag: AI
Tesla stock tumbles on slumping China sales, while BYD surges; DOT suspends EV charger funding
Published on: February 07, 2025, 09:01 PM UTC
Titan America shares up 1.25% in NYSE debut, market cap reaches $2.99 billion
Published on: February 07, 2025, 05:00 PM UTC
Traders anticipate the Federal Reserve will cut its policy rate in June and again by the end of 2025, despite the unemployment rate being at 4%.
Published on: February 07, 2025, 03:05 PM UTC
Pinterest's Q1 revenue forecast beats estimates, driving stock up 20%. AI tools and focus on direct response ads contribute to its success.
Published on: February 07, 2025, 03:00 PM UTC
Despite fears of a pandemic recession and the Federal Reserve's interest rate hikes, the US job market has achieved stable full employment. With a low unemployment rate, balanced wage and job growth, and strong consumer spending, the outlook remains positive, though improvement could be limited.
Published on: February 07, 2025, 12:01 PM UTC
Online fast-fashion retailer Shein is cutting its valuation for a London listing to $50 billion due to headwinds, including a recent US duty exemption removal. This valuation is below the company's 2023 fundraising value of $66 billion.
Published on: February 07, 2025, 09:00 AM UTC
Google joins Meta in reversing diversity hiring goals after legal scrutiny intensifies, with Apple, Microsoft, and some banks continuing their DEI efforts.
Published on: February 07, 2025, 07:02 AM UTC
Hong Kong Post continues to suspend shipping to the US despite the US postal service reversing the ban. The suspension is due to a lack of clarification from the US postal administration on tariffs imposed on Hong Kong products. This raises concerns about the impact on e-commerce platforms like Shein and Temu, which rely heavily on direct postal service from China.
Published on: February 07, 2025, 03:00 AM UTC
Amazon projects current-quarter profit that misses estimates, weighed down by heavy investments in AI. AWS revenue grows 19%.
Published on: February 06, 2025, 10:00 PM UTC
Stay up-to-date on the latest market movements with our comprehensive analysis of the mixed performance of US stocks. Delve into earnings reports from Amazon, Eli Lilly, Peloton, Qualcomm, and more, and track the impact on key indices like the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite.
Published on: February 06, 2025, 04:02 PM UTC