Tag: blog

Citigroup announced it promoted over 8,500 employees as part of its year-end process, in addition to the 23,000 promotions made throughout 2024.

Published on: February 06, 2025, 12:04 AM UTC

Oil steadies near yearly low as Trump's geopolitics, tariff threats weigh on outlook.

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

Omega Healthcare Investors Inc. (OHI) reports fourth-quarter FFO of $0.74 per share, exceeding Wall Street estimates of $0.73. Revenue of $279.3 million also outperforms expectations.

Published on: February 05, 2025, 11:06 PM UTC

Morgan Stanley and other banks sell $5.5 billion in debt tied to Elon Musk's X platform, marking a milestone in efforts to reduce their exposure to the company. Despite initial plans to sell $3 billion, strong investor demand allowed the banks to sell the entire remaining slug of the highest-ranking borrowings used to fund Musk's buyout of Twitter. The loan was priced at 97 cents on the dollar, with a margin of 6.5 percentage points over the Secured Overnight Financing Rate.

Published on: February 05, 2025, 11:04 PM UTC

U-Haul (NYSE: UHAL) reports surprise Q4 sales increase of 3.7% to $1.39 billion, exceeding estimates. Despite a 37.5% miss in EPS, the company's moving and storage services continue to see high demand. Analyst consensus is pending, and U-Haul's long-term revenue growth stands at 7.9%, while earnings per share have grown at 5.2% annually over the past five years.

Published on: February 05, 2025, 10:04 PM UTC

President Trump's priorities in office have not addressed the issues that voters care about most, such as inflation, affordable housing, and insurance costs. Despite promising to tackle these problems, Trump has instead focused on immigration and trade policies that are unlikely to provide meaningful solutions.

Published on: February 05, 2025, 10:01 PM UTC

BlackRock to launch Bitcoin exchange-traded product in Europe in response to growing demand.

Published on: February 05, 2025, 07:04 PM UTC

Disney's Q1 earnings beat expectations, with its streaming segment turning a profit and parks facing setbacks due to hurricanes. Disney+ subscribers declined by 700,000, but revenue and earnings per share exceeded estimates. Despite price increases, Disney expects continued streaming growth and reaffirmed its guidance for high-single-digit earnings per share growth in fiscal 2025.

Published on: February 05, 2025, 07:03 PM UTC

Ford (F) set to report Q4 earnings, with focus on cost control and EV progress. Revenue is expected to decline, but adjusted EPS is seen rising; investors will watch for updates on cost containment and EV profitability path.

Published on: February 05, 2025, 07:01 PM UTC

Big Tech firms Meta, Microsoft, and Google plan to collectively spend $228 billion on AI infrastructure, with Meta confirming it will invest "hundreds of billions of dollars" long-term.

Published on: February 05, 2025, 07:01 PM UTC