Tag: AI

Posts with tag: AI

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Archer-Daniels-Midland to Weigh Asset Sales, Cut Hundreds of Jobs in Cost-Slash Plan

Archer-Daniels-Midland Co., battered by a downturn in profits, is looking at selling off assets and cutting jobs as part of a cost-cutting plan to save up to $750 million.

Gold Hits Record as Trade War Fears Boost Haven Demand

Gold hits new all-time high as Trump's tariffs trigger haven demand amid trade-war fears

Xylem Q4 Earnings Beat Estimates, Revenue Tops Forecasts

Xylem Inc. (XYL) reported Q4 EPS of $1.18, beating estimates of $1.12. Revenue was $2.26B vs. $2.18B est. For the year, EPS was $3.65, revenue was $8.56B. XYL expects FY22 EPS in the range of $4.50 to $4.70.

Gartner Earnings: $5.45/Share Beats Estimate

Gartner Inc. (IT) reports Q4 EPS of $5.11, beats by $1.89, revenue of $1.72B, beats by $40M.

Pfizer beats profit estimates on cost cuts, vaccine sales

Pfizer beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by cost-cutting efforts and better-than-expected sales of its COVID vaccine.

China's Currency Fix Eyed for Clues on Tariff Impact

Currency traders await China's next daily yuan reference rate amid expectations that authorities may relax their grip on the currency due to Donald Trump's tariffs.

Trump's 'Pain Pitch' Misses the Mark on Real Economic Pain

Trump's tariffs mean pain for voters, but not for the right reasons. The national debt is the real problem, and it needs a sacrifice most politicians are afraid to ask for.

The Tariffs Ahead: Trump's Trade Troubles Loom Over Tech Stocks

Wall Street may be underestimating the risks to tech as the Trump administration's trade agenda unfolds. Tariffs and geopolitical uncertainty could weigh on the market and hurt companies with exposure to China.

Robinhood Dives Into Sports Betting With Super Bowl LIX Event Contracts

Robinhood, a popular online trading platform, enters the sports betting market with new event contracts tied to the Super Bowl. By allowing customers to trade on who will win, Robinhood joins the ranks of other sports betting operators like DraftKings and FanDuel.

TransDigm Q4 Earnings Preview: Analysts Expect Revenue Growth

TransDigm (TDG) Q4 Earnings Preview: Revenue growth expected to slow to 13.8% YoY; adjusted earnings seen at $7.74 per share.