Tag: coding

Yum Brands (YUM) reported Q4 EPS of $1.49, beating estimates by $0.11. Revenue of $2.36B also surpassed forecasts by $40M.

Published on: February 06, 2025, 01:10 PM UTC

**Luxury Fashion Company Tapestry Reports Strong Q4 Sales, Beating Estimates** Tapestry (NYSE: TPR) announced better-than-expected revenue in Q4 2024, surpassing analysts' estimates by 4.2% and driving a 14.6% stock surge. Its full-year guidance also came in above expectations, with a 1.4% increase in revenue estimates and a 13% beat on EPS guidance. Explore Tapestry's financial highlights, business overview, and growth prospects in our research report.

Published on: February 06, 2025, 01:08 PM UTC

Ford's Q4 beats estimates, but muted guidance drives stock down after hours. Revenue up 5% YoY to $48.2B, EPS $0.39 vs $0.32 est. Company forecasts $7.0B-$8.5B in 2025 adjusted EBIT, below expectations.

Published on: February 06, 2025, 12:02 PM UTC

Vanguard has announced significant fee reductions across its mutual funds and ETFs, averaging 20%. This move has lowered Vanguard's overall expense ratio to an industry-leading 0.07%. Experts highlight the positive impact on investors' long-term returns, as lower fees allow for more compounding of investment gains. Despite already having low fees, Vanguard's strategic move could trigger fee competition within the industry. By aiming for cost minimization, Vanguard aligns with its founder's philosophy of maximizing investor returns.

Published on: February 06, 2025, 12:02 PM UTC

US index futures fluctuated Thursday as concerns about US stock valuations resurfaced amid disappointing corporate earnings, while 10-year Treasury yields ticked higher after an interview with Treasury Secretary Scott Bessent.

Published on: February 06, 2025, 12:01 PM UTC

Volvo Cars acquires 50% stake in battery venture Novo Energy from Northvolt for no upfront payment.

Published on: February 06, 2025, 12:00 PM UTC

Honeywell International (HON) is reportedly preparing to split into three independent companies, including an aerospace division, automation business, and advanced materials arm.

Published on: February 06, 2025, 11:01 AM UTC

Oil traders seek waivers on US crude, LNG tariffs, threatening flows to China

Published on: February 06, 2025, 11:00 AM UTC

Elon Musk and OpenAI CEO Sam Altman's legal battle over the future of AI company OpenAI could last until 2027. Musk claims OpenAI breached its nonprofit mission in pursuit of profits, while OpenAI denies the allegations. Microsoft, as an investor in OpenAI, is named as a defendant along with LinkedIn founder Reed Hoffman and Microsoft executive Deanna Templeton. The outcome of the lawsuit will shape the development of AI and the roles of Musk and Altman in the industry.

Published on: February 06, 2025, 10:01 AM UTC

Stocks rise as earnings season kicks off, with Treasury yields declining and boosting investor sentiment. The Stoxx Europe 600 reaches a record high, while Asian shares and US futures edge higher. Investors focus on interest rates, economic growth, and corporate earnings. Key events include the Bank of England's rate decision, US jobless claims data, and the highly anticipated nonfarm payrolls report.

Published on: February 06, 2025, 09:01 AM UTC