Posts with tag: algorithms
China's AI-fueled stock rally draws support from Wall Street strategists, who cite the country's newfound tech prowess and predict continued gains.
Published on: February 12, 2025, 04:01 AM UTC
Meta stock surges to record high after 16 consecutive days of gains amid AI spending plans and positive earnings.
Published on: February 12, 2025, 02:01 AM UTC
Coca-Cola expects minimal impact from aluminum tariffs on can prices, but will innovate with different can sizes and packaging.
Published on: February 11, 2025, 11:03 PM UTC
Zillow (ZG) reports Q4 2024 results, beating revenue expectations but missing on guidance. Revenue grew 16.9% YoY to $554 million, while non-GAAP EPS was $0.27, in line with estimates. Despite a 6.1% stock drop, analysts remain optimistic, predicting a 14.3% revenue growth over the next 12 months.
Published on: February 11, 2025, 11:00 PM UTC
The growing crisis in the insurance industry may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said on Tuesday.
Published on: February 11, 2025, 09:02 PM UTC
Federal Reserve Chair Jerome Powell reassures about the safety of the Treasury's payment system amid concerns raised by Elon Musk's access. He also addresses the Fed's role in overseeing the Consumer Financial Protection Bureau and bank regulations.
Published on: February 11, 2025, 06:01 PM UTC
OpenAI CEO Sam Altman rejects Elon Musk's $97.4 billion offer; Musk sues to prevent OpenAI's for-profit transition; experts weigh in on valuation challenges amidst legal battles.
Published on: February 11, 2025, 03:03 PM UTC
Vishay Precision (VPG) reports earnings tomorrow. Analysts expect revenue to decline 17.7% YoY to $73.64 million and adjusted earnings of $0.14 per share. Read our full analysis here.
Published on: February 11, 2025, 02:10 PM UTC
Leidos Holdings Inc. (LDOS) reported Q4 net income of $284 million, beating analysts' expectations by $0.14 per share. Revenue of $4.37 billion topped estimates by $250 million.
Published on: February 11, 2025, 12:06 PM UTC
Elon Musk, who is developing X into a digital payments platform, has expressed support for the dismantling of the CFPB, the agency that oversees such platforms. If the CFPB is eliminated or weakened, it could benefit Musk's company by reducing regulatory scrutiny and oversight. However, critics argue that Musk's involvement in dismantling the CFPB creates a conflict of interest, as his company would benefit financially from the agency's absence.
Published on: February 11, 2025, 11:02 AM UTC