Tag: big data

Karman Holdings raises $506 million in IPO, valuing the defense and space systems maker at nearly $3 billion.

Published on: February 13, 2025, 12:04 PM UTC

US stocks were mostly lower on Wednesday as investors digested a hotter-than-expected January inflation reading and pared back bets on Federal Reserve interest rate cuts in 2025. The Dow Jones Industrial Average (^DJI) dropped 0.5%, while the benchmark S&P 500 (^GSPC) slipped nearly 0.3%. The tech-heavy Nasdaq Composite (^IXIC) finished just above the flatline.

Published on: February 13, 2025, 07:03 AM UTC

US stock futures climbed on strong earnings, despite a hot inflation report that dashed hopes of an interest rate cut; Reddit (RDDT) and Robinhood (HOOD) reported contrasting results, while the PPI and earnings from ABNB, ROKU, and COIN are on tap Thursday.

Published on: February 13, 2025, 02:01 AM UTC

Oil dips amid talk of Trump-Putin Ukraine talks easing Russian supply risks

Published on: February 13, 2025, 12:00 AM UTC

Service International (NYSE:SCI) reported Q4 CY2024 results beating Wall Street's revenue expectations, with sales up 3.5% year on year to $1.09 billion. The company narrowly tops analysts' revenue estimates, but its EBITDA falls short, and full-year guidance misses. Is now the time to buy Service International? Find out in our full research report.

Published on: February 12, 2025, 11:05 PM UTC

January inflation data indicates a higher-than-forecasted 0.5% monthly increase and a 3% annual increase in consumer prices, driven by persistent food and gas costs and core inflation remaining elevated. This complicates the Federal Reserve's path forward and market expectations of interest rate cuts.

Published on: February 12, 2025, 06:00 PM UTC

Indian Premier League owners GMR buy 49% of Southern Brave for £50m, taking the total value of The Hundred franchises past £960m and raising close to £500m for the game.

Published on: February 12, 2025, 03:04 PM UTC

Crocs (CROX) reports Q4 earnings tomorrow. Analysts expect revenue to be flat year over year at $962.6 million and adjusted earnings of $2.26 per share. Crocs has missed Wall Street's revenue estimates three times over the last two years. Deckers and Skechers, two of Crocs' peers, have already reported their Q4 results, with Deckers beating analysts' expectations and Skechers in line with consensus estimates. Crocs is down 14.8% over the last month and has an average analyst price target of $129.67.

Published on: February 12, 2025, 02:10 PM UTC

Global stocks inch higher ahead of key US inflation data. Stoxx 600 gains, boosted by Heineken's strong results; Asian shares advance; US futures steady. Eurozone industrial production, US retail sales, and Fed speakers in focus this week.

Published on: February 12, 2025, 09:01 AM UTC

Customers Bank, founded in 2009, provides a range of financial services to individuals, entrepreneurs, and small businesses. Its personal banking offerings include checking and savings accounts, loans, cash management solutions, and specialized lending products.

Published on: February 11, 2025, 10:00 PM UTC