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Walmart's Tariff Fears Offset Profit Beat

Walmart's stock falls over 6% on conservative guidance amid tariff concerns. The company says it's not immune to tariffs but will work with suppliers to keep prices low. Walmart imports two-thirds of its products from the US, giving it lower exposure to tariffs than other companies. However, analysts say tariffs could reverse deflation in general merchandise and hurt Walmart's business in Mexico.

Strong Q4 for Rivian (RIVN), Gross Profit Achieved

Rivian (RIVN) reported strong Q4 results, posting a gross profit driven by cost improvements. The company projects a smaller EBITDA loss in 2024 and 2025, with vehicle deliveries between 46,000-51,000 in 2025. Rivian's partnership with Volkswagen and potential DOE loan support its growth plans. Regulatory changes, including the potential repeal of EV tax credits, remain a wildcard.

Number of Americans Applying for Unemployment Benefits Edges Up

Jobless benefit applications rose slightly last week, but layoffs remain low.

Innergex Renewable Energy Posts Q4 Profit

Innergex Renewable Energy Inc. reports fourth quarter 2022 earnings of $23.8 million

TCL replaces Panasonic as IOC global partner

TCL becomes the new Olympic sponsor replacing Panasonic in an eight-year deal through 2032. The Chinese company will provide home audiovisual equipment and appliances, AI solutions, and support for the Olympic Village.

Fed Rate Cuts Not Off the Table as Inflation Concerns Rise

Fed's Bostic: Rate Cuts Still on the Table as Economy, Trump Policies Assessed

Carvana Q4 Earnings Beat Estimates, But Shares Pull Back After Hours

Carvana beats on revenue and profit in Q4, but shares fall after hours as company cites 'significant growth' in 2025.

Oil Prices Rise on Trade Optimism, Strong Demand

Oil prices rise on higher fuel demand, U.S. tariff delay

Crocs Q4 Earnings Top Estimates, Revenue Surpasses Forecasts

Crocs Inc. (CROX) reports fourth-quarter earnings of $368.9 million, exceeding Wall Street expectations. Earnings per share were $6.36, adjusted to $2.52. Revenue reached $989.8 million, also topping forecasts.

DTE Q4 Earnings Top Estimates

DTE Energy Q4 Profit Tops Estimates at $1.41 Per Share