Posts with tag: Artificial intelligence
Uber CEO Dara Khosrowshahi backs President Trump's initiative to eliminate taxes on tips received by drivers.
Published on: February 21, 2025, 08:00 PM UTC
Federal Reserve Governor Adriana Kugler says she believes the Fed should hold its target for short-term borrowing costs in its current range to fight inflation.
Published on: February 20, 2025, 11:04 PM UTC
The Cheesecake Factory exceeds Q4 sales targets, reporting revenue of $921 million, a 5% increase year-on-year, and a 13.7% beat on non-GAAP profit per share. Despite a slight miss on adjusted EBITDA, the company's long-term sales growth and expansion of restaurant locations indicate its strong market position. Find out if now is the right time to invest in this renowned restaurant chain in our full research report.
Published on: February 19, 2025, 10:05 PM UTC
KKR acquires an additional 5% stake in Italy's Enilive biofuel business for €587.5 million, bringing its total stake to 30%.
Published on: February 18, 2025, 08:00 AM UTC
President Trump's promise to curb inflation faces complications after hotter-than-expected Consumer Price Index (CPI) in January. Economists warn that Trump's proposed tariffs and push for rate cuts could clash with the Federal Reserve's stance on inflation and economic growth.
Published on: February 17, 2025, 07:01 AM UTC
Honda and Nissan terminate merger agreement, Nissan seeks new partnership options amidst financial challenges.
Published on: February 13, 2025, 11:03 PM UTC
Anywhere Real Estate Inc. (HOUS) reported a fourth-quarter loss of $64 million, or 58 cents per share. Adjusted for non-recurring costs, the loss was 45 cents per share. Revenue for the quarter was $1.36 billion.
Published on: February 13, 2025, 01:05 PM UTC
Meta's (META) fundamentals, including user engagement and advertising improvements, drive stock performance, not the relationship between Mark Zuckerberg and former President Trump.
Published on: February 12, 2025, 07:02 PM UTC
US stocks rise premarket after Trump's steel, aluminum tariff announcement, with steelmakers rallying. Investors await inflation data and earnings reports this week, as tariffs raise concerns and market impact remains uncertain.
Published on: February 10, 2025, 01:02 PM UTC
The US labor market remains resilient, with low unemployment, rising wages, and stronger-than-expected job growth. This reduces the likelihood of the Fed cutting interest rates and suggests the market may see fewer cuts this year.
Published on: February 07, 2025, 08:01 PM UTC