Posts with tag: coding
Hotter-than-expected inflation pushed back Fed rate cut expectations and made one cut in 2025 too dovish, according to experts.
Published on: February 12, 2025, 07:03 PM UTC
Meta's strong start to 2023 contrasts with struggles faced by other tech giants. The social media company's investments in AI are paying off, driving growth in ad sales and user engagement. Meta's open-source approach to AI models is also attracting attention, with the potential for future revenue streams.
Published on: February 12, 2025, 07:01 PM UTC
Hotter-than-expected January inflation data fuels concerns among investors and the Federal Reserve, leading to a potential shift in rate hike expectations and market volatility.
Published on: February 12, 2025, 07:01 PM UTC
Chevron plans to cut 15%-20% of its global workforce, impacting up to 9,000 employees, as part of a cost reduction strategy aiming for $2-$3 billion in savings by 2026 to enhance efficiency and competitiveness.
Published on: February 12, 2025, 06:04 PM UTC
Intel's stock surged after VP Vance promoted domestic chip manufacturing, highlighting the company's role as a leading US hope for AI chip production despite facing challenges and internal issues.
Published on: February 12, 2025, 06:02 PM UTC
Fed Chair Powell says Trump's calls for lower interest rates won't change Fed rate decisions. Powell spoke during his semiannual testimony to Congress
Published on: February 12, 2025, 05:06 PM UTC
CVS Q4 and FY2024 Earnings Beat Estimates, Stock Jumps in Pre-Market Trading
Published on: February 12, 2025, 04:03 PM UTC
Breakfast staples like eggs, orange juice, and coffee see inflationary pressures as egg prices surge 53%, orange juice 7.7%, and coffee 3.1% year over year. Inflationary factors include bird flu, weather events, and macroeconomic conditions, leading to potential price increases and shortages.
Published on: February 12, 2025, 04:03 PM UTC
Tesla's stock has been on a downward trend in February, dropping 33% since its December high. The company's fourth quarter earnings missed analyst estimates, and its sales in China and Australia have declined. The Trump administration's tariffs on steel and aluminum could also raise costs for Tesla.
Published on: February 12, 2025, 03:03 PM UTC
Elon Musk and President Trump outline ambitious goals for Musk's Department of Government Efficiency (DOGE), including $1 trillion in budget cuts and an end to inflation. Despite legal challenges and public resistance, both men remain determined to make significant changes.
Published on: February 12, 2025, 03:02 PM UTC