Posts with tag: blog
TotalEnergies CEO Patrick Pouyanne urges European countries to secure free trade on US LNG amid US-China tariffs.
Published on: February 05, 2025, 10:00 AM UTC
US stocks rose on Tuesday, led by Big Tech companies, as investors assessed China's immediate retaliation to President Trump's additional tariffs and the potential risks of a trade war. Traders also considered new jobs data, which showed a larger-than-expected decline in job openings in December. Investors continue to watch for signs of a cooling labor market as the Federal Reserve considers future interest rate cuts amid persistent inflation.
Published on: February 05, 2025, 09:02 AM UTC
A 10% jump in the cost of purchases that represent less than 2% of GDP shouldn’t upend the US economy. Except that President Donald Trump is imposing this tariff “pain” on American consumers at a time of extraordinary sensitivity to price hikes.
Published on: February 05, 2025, 09:02 AM UTC
Google parent Alphabet beats on earnings but falls short on cloud revenue; stock dips in after-hours trading.
Published on: February 05, 2025, 08:01 AM UTC
A 10% tariff on imports will cost American consumers $45 billion, adding to inflation fatigue and making them more likely to forego purchases. Trump's tariff policies are fueling concerns about reflation and raising costs for families by up to $2,600 per year.
Published on: February 05, 2025, 06:02 AM UTC
Cheap fashion fans face higher prices as Trump closes loophole that allowed Chinese retailers to ship goods duty-free. The move targets discount retailers like Shein and Temu, which have grown rapidly in recent years thanks to the exemption.
Published on: February 05, 2025, 01:01 AM UTC
American Assets Trust (AAT) reported Q4 FFO of $0.55/share, beating estimates. Revenue was $113.5 million, while full-year FFO was $2.58/share and revenue was $457.9 million. AAT expects full-year 2023 FFO in the range of $1.87 to $2.01 per share.
Published on: February 04, 2025, 11:07 PM UTC
Aspen Technology Q2 earnings top estimates, revenue rises
Published on: February 04, 2025, 10:07 PM UTC
Enova International (ENVA) reported Q4 EPS of $2.30, $0.28 above the Zacks Consensus Estimate. Revenue came in at $729.6 million, versus the consensus of $714 million.
Published on: February 04, 2025, 10:06 PM UTC
Banks increase sale of loans tied to Elon Musk's social media platform to $5.5 billion due to strong investor demand.
Published on: February 04, 2025, 08:00 PM UTC