Posts with tag: beginner
US future markets dip as Fed minutes suggest rate cuts unlikely; Walmart earnings due Thursday
Published on: February 20, 2025, 03:01 AM UTC
Fed Vice Chair Jefferson says the Federal Reserve has time to consider its next monetary policy move given the robust economy and still-elevated inflation.
Published on: February 19, 2025, 11:05 PM UTC
Intel (INTC) stock plunged 6% Wednesday, reversing a five-day rally that notched its biggest gain as a publicly traded company. Analysts question potential deals with TSMC and Broadcom.
Published on: February 19, 2025, 07:01 PM UTC
Perion Network reported a Q4 profit of $4.9 million, below estimates, while revenue came in at $129.6 million. For the year, profit was $12.6 million, with revenue reaching $498.3 million.
Published on: February 19, 2025, 01:07 PM UTC
Japanese trading house Mitsui will acquire a 40% interest in the Rhodes Ridge iron ore project in Australia for $5.34 billion. Rhodes Ridge is one of the world's largest undeveloped iron ore deposits with 6.8 billion tons of mineral resources.
Published on: February 19, 2025, 04:00 AM UTC
JPMorgan Chase removes references to DEI from annual report as Wall Street faces scrutiny over such programs, amid activist pressure and Washington scrutiny.
Published on: February 18, 2025, 06:02 PM UTC
Low-cost airlines are facing increasing costs and competition, eroding their budget-friendly business model. Despite merger attempts, the industry is struggling as traditional airlines offer more comfortable options and passengers prioritize amenities.
Published on: February 17, 2025, 01:02 PM UTC
Live events and sports are becoming increasingly important for streaming services to prevent customer churn. Netflix and Amazon are investing heavily in acquiring rights to live events in order to compete with traditional TV players like Disney and Comcast. PwC estimates that by 2025, over 90 million US viewers will stream a sports event at least once per month. This growing demand for live sports content is expected to continue to drive growth for streaming services.
Published on: February 17, 2025, 01:01 PM UTC
BlackRock CEO Larry Fink granted additional compensation in carried interest tied to private markets expansion.
Published on: February 14, 2025, 07:00 PM UTC
China's AI Industry: Key Players and Their AI Services, including Alibaba, Baidu, Tencent, DeepSeek, and More
Published on: February 14, 2025, 12:04 PM UTC