Posts with tag: blogger
Glaukos Corporation (GKOS) reported a Q4 loss of $33.6 million ($0.60 per share). Adjusted for non-recurring costs, the loss was $0.40 per share, exceeding Wall Street's estimates of a $0.43 per share loss. Revenue reached $105.5 million, also surpassing forecasts of $100.8 million. Glaukos projects full-year revenue between $475-$485 million.
Published on: February 20, 2025, 10:09 PM UTC
US stocks were mixed Wednesday as investors assessed President Trump's 25% tariff plan and digested the Federal Reserve's meeting minutes for insight into future policy. The S&P 500 moved slightly higher, the tech-heavy Nasdaq traded flat, and the Dow Jones Industrial Average rose slightly.
Published on: February 19, 2025, 09:00 PM UTC
Higher Mortgage Rates Sink in: Consumers Less Optimistic About Rate Drops, More Concerned About Rising Rents
Published on: February 07, 2025, 09:03 PM UTC
President Trump has warned Americans that his new tariffs on imports will cause "some pain" in the form of higher prices, swooning stock values, and economic uncertainty. However, economists warn that the tariffs could have wider-reaching consequences, pushing up the cost of food, energy, and many other products. Despite the potential for economic hardship, Trump claims that the tariffs will bring more manufacturing to the United States and increase revenue to offset the cost of tax cuts. However, most economists disagree, predicting that the tariffs will lead to higher inflation and slower growth.
Published on: February 04, 2025, 07:01 AM UTC
Tesla CEO Elon Musk clashes with major investor over pay, meeting request
Published on: January 28, 2025, 02:05 PM UTC