Posts with tag: baking
CorVel Corp. (CRVL) reports $23.8 million in profit for its fiscal third quarter with a net income of 46 cents per share.
Published on: February 04, 2025, 12:07 PM UTC
US stock futures steadied Tuesday after China's retaliatory tariffs to US President Donald Trump's latest trade move. Tech stocks like Apple and Nvidia felt the burn, while Palantir surged after strong earnings.
Published on: February 04, 2025, 09:01 AM UTC
Google challenges court verdict in antitrust case involving Android app store; Epic Games defends jury decision.
Published on: February 03, 2025, 11:00 PM UTC
Investors were surprised by President Trump's tariffs on Canada, Mexico, and China, leading to an early market sell-off. The tech-heavy Nasdaq Composite (^IXIC) fell about 1%, the S&P 500 (^GSPC) lost 0.8%, and the Dow Jones Industrial Average (^DJI) dropped 0.4%. Investors are now reassessing the potential risks of tariffs, with some analysts predicting a near-term downside of 5% for the S&P 500 if the tariffs are sustained.
Published on: February 03, 2025, 06:03 PM UTC
FASB rule change helps Tesla book $600m bitcoin profit, but MicroStrategy faces tax risk due to unrealized gains.
Published on: February 01, 2025, 01:01 AM UTC
Brinker International (EAT) stock has surged 348% in the past year, outperforming rivals like Nvidia (NVDA) and Dine Brands (DIN). CEO Kevin Hochman credits value marketing and investments in higher quality food for the chain's comeback, which includes new menu items and store-level initiatives.
Published on: January 31, 2025, 03:02 PM UTC
U.S. stocks gained momentum on Thursday afternoon as investors digested megacap tech earnings and awaited Apple (AAPL) results for more clues on prospects for Big Tech. The S&P 500 (^GSPC) rose 0.25%, while the Dow Jones Industrial Average (^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) was up nearly 0.3%.
Published on: January 31, 2025, 02:02 PM UTC
Spanish travel platform HBX is set to raise €750m through an IPO. The company offers travel technology, connecting hotels with travel agencies, airlines and tour operators. HBX plans to use the proceeds to reduce debt and for incentive plans and bonuses.
Published on: January 31, 2025, 09:01 AM UTC
Bitcoin rises after Fed meeting, with Chair Powell's crypto comments seen as supportive
Published on: January 30, 2025, 07:04 AM UTC
Starbucks reports better-than-expected quarterly results, driven by coffee-focused ads, removal of nondairy milk upcharge, and improved store experience. Same-store sales fell 4%, an improvement from the prior quarter.
Published on: January 29, 2025, 01:00 AM UTC