Tag: coding

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Google Suspends Diversity Hiring Targets as Silicon Valley Divides on DEI

Google and Meta back away from diversity hiring targets amid political scrutiny, while Apple, Microsoft, and JPMorgan remain committed despite increasing pressure.

Iran's Khamenei Rejects Trump's Nuclear Deal Offer

Iran's Supreme Leader rules out new nuclear talks with US after President Trump suggests new deal.

US Stocks Mixed Ahead of Amazon's Quarterly Report

Stay up to date with all the latest stock market news. Find out how leading companies performed in their recent earnings quarters, including Amazon, Salesforce, Honeywell, and more. Get insights into market trends, potential risks and opportunities, and how economic factors are impacting stock movements. Follow us for the latest financial news and expert analysis.

US Jobs Data in Focus as Markets Await Direction

European and U.S. stock futures edged lower in muted trade as investors await U.S. jobs data that could influence interest rate expectations. Asian stocks gained, led by mainland China, while the Hang Seng Tech Index neared a technical bull market.

Japan Faces Challenges from Global Market Volatility, BOJ Rate Hikes: IMF

Japan should monitor spillover risks from global volatility and remain vigilant about fallout from BOJ rate hikes, IMF says.

US Stocks Mixed Ahead of Amazon Earnings

US stocks saw mixed performances on Thursday, as investors awaited Amazon's quarterly results amidst an earnings season marked by company warnings and concerns over AI demand. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 and tech-heavy Nasdaq Composite rose 0.3% and 0.5%, respectively. Investors eagerly anticipated Amazon's earnings report, following disappointing cloud sales from Alphabet. Treasury Secretary Scott Bessent eased pressure on the Federal Reserve, indicating Trump's desire to lower 10-year Treasury yields rather than push for lower interest rates. Jobless claims rose slightly to 219,000, ahead of the monthly jobs report on Friday, which will provide insights for Fed decision-making. Tech-related results are also being scrutinized for signals about AI demand strength.

IMF Warns Japan of Spillover Risks from Market Volatility

Japan should monitor the impact of rising foreign market volatility and the Bank of Japan's interest rate hikes on its financial system, the IMF says.

Mohawk Industries beats estimates in Q4, profit rises

Mohawk Industries (MHK) beats Q4 earnings and revenue estimates. Earnings per share: $1.95 adj. Revenue: $2.64B. Zacks Consensus: EPS: $1.88, Revenue: $2.57B.

Werner falls short of Wall Street estimates in Q4

Werner Enterprises Inc. (WERN) reported fourth-quarter profit of $11.9 million, below expectations, with earnings of 8 cents per share. Revenue missed forecasts at $754.7 million.

Powell Industries Reports Q1 Net Income of $34.8 Million

Powell Industries reports net income of $34.8 million in fiscal first quarter.