Posts with tag: coding
Senior ANZ Group credit traders Ming Wo, Duncan Robinson, and Adam Hall have joined Standard Chartered as the region experiences a vibrant credit market.
Published on: January 28, 2025, 08:00 AM UTC
Investors Panic as Chinese AI Startup Sparks Tech Sell-Off, But Analysts Remain Optimistic
Published on: January 28, 2025, 06:01 AM UTC
Europe's top software maker SAP is now more optimistic about its full-year financial results, primarily due to the accelerated growth of cloud revenue. For 2025, the company projects an operating profit between €10.3 billion – €10.6 billion, with cloud revenue ranging from €21.6 billion to €21.9 billion.
Published on: January 28, 2025, 06:01 AM UTC
Oil prices near two-week low as China data, warm weather hurt demand
Published on: January 28, 2025, 03:00 AM UTC
A federal appeals court has struck down Biden administration rules intended to ban bait-and-switch tactics and prohibit auto dealers from charging for add-on costs that do not benefit new car buyers.
Published on: January 28, 2025, 01:00 AM UTC
Monday's market sell-off highlights the importance of Big Tech earnings for the bull market and investors' concerns about competition in the AI space.
Published on: January 27, 2025, 10:09 PM UTC
US tech stocks tumble as Chinese AI competitor emerges, with Nvidia down 17%. The S&P 500 fell 1.5%, while the Nasdaq composite lost 3.1%. However, stocks outside of AI-related industries held up better, with the Dow Jones Industrial Average rising 0.7%.
Published on: January 27, 2025, 10:07 PM UTC
Potlatch Corp. (PCH) reports Q4 profit of $5.2 million, surpassing Wall Street expectations. Revenue of $258.1 million also tops estimates. For the year, the company reports profit of $21.9 million, or 28 cents per share, on revenue of $1.06 billion. Zacks Investment Research provides further insights.
Published on: January 27, 2025, 10:07 PM UTC
Sanmina (SANM) beats estimates with $2.01 billion in Q4 sales, a 7% year-over-year increase. Despite lower-than-expected revenue guidance for Q1, the company reports solid earnings of $1.44 per share, exceeding analyst estimates. Sanmina's revenue growth projections remain strong, indicating potential top-line performance improvement.
Published on: January 27, 2025, 10:05 PM UTC
Venture Global Inc. shares tumbled 20% from its IPO price as investors remain cautious about companies without public track records.
Published on: January 27, 2025, 10:00 PM UTC