Posts with tag: algorithms
Toyota stock (TM) rises on upbeat guidance and China EV plans. Toyota reported a fiscal Q3 revenue of 12.39 trillion yen ($80.95 billion), up 2.9% despite lower vehicle sales.
Published on: February 05, 2025, 04:02 PM UTC
Chipotle will not raise prices on its guac or other menu items despite tariffs, CFO Adam Rymer told Yahoo Finance. The company is keeping a "close eye" on the fluid situation.
Published on: February 05, 2025, 04:00 PM UTC
Kennametal Inc. (KMT) reported Q2 EPS of $0.25, in-line with the Street estimate. Revenue missed the Street estimate. The company expects Q3 EPS between $0.20 and $0.30, and revenue between $480 million and $500 million.
Published on: February 05, 2025, 12:06 PM UTC
LG CNS, South Korea's largest IPO in two years, debuted weakly on the Seoul exchange, falling 9.9% to 55,800 won. Investors' skepticism over IPOs and LG CNS's lack of liquidity may have contributed to the decline.
Published on: February 05, 2025, 08:00 AM UTC
Xiaomi to launch luxury version of SU7 electric vehicle with 10,000 unit sales target for 2023, according to founder Lei Jun.
Published on: February 05, 2025, 07:02 AM UTC
US stock futures fell as the US-China trade war escalated, with major indices dipping. Alphabet, AMD, and Chipotle saw declines after earnings reports, while investors await Disney's results. Asian markets reacted to trade tensions, with China's CSI 300 initially rallying but then falling, while Japan's Nikkei slipped.
Published on: February 05, 2025, 04:01 AM UTC
Asian stocks were mixed as markets assessed the impact of US-China tariffs. Japan's Nikkei slipped, while Australia's S&P/ASX rose, and China's Shanghai Composite lost ground.
Published on: February 05, 2025, 04:00 AM UTC
Solar energy company Enphase Energy forecasts Q1 revenue above expectations due to strong demand, sending its shares up 6% after hours.
Published on: February 05, 2025, 12:04 AM UTC
A 10% increase in consumer costs (comprising 2% of GDP) shouldn't harm the US economy. However, President Trump is imposing this tariff burden on American consumers at a time of heightened price sensitivity. Morning Consult's price sensitivity index shows that reluctance to pay higher prices has reached a record high. Trump's tariff policies worsen inflation concerns, despite his 2024 promise to lower prices. Analysis predicts that Trump's planned tariffs on Canada, Mexico, and China could cost families up to $2,600 annually.
Published on: February 05, 2025, 12:02 AM UTC
Palantir stock soared 27% after reporting strong earnings and issuing bullish 2025 guidance. Analysts praised the company's AI growth strategy and raised price targets.
Published on: February 05, 2025, 12:00 AM UTC