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ANZ Credit Traders Depart for Standard Chartered as Asia Market Thrives

Senior ANZ Group credit traders Ming Wo, Duncan Robinson, and Adam Hall have joined Standard Chartered as the region experiences a vibrant credit market.

Nvidia's AI Rout Highlights 'Concentration Risk' in Markets, But Panic Selling May Be Overdone

Investors Panic as Chinese AI Startup Sparks Tech Sell-Off, But Analysts Remain Optimistic

SAP Raises Profit Outlook on Cloud Computing Momentum

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.

Oil Prices Hover Near Two-Week Low on Weak China Data, Warm Weather

Oil prices near two-week low as China data, warm weather hurt demand

Court Strikes Down FTC Rule to Ban Auto Sales Bait-and-Switch Tactics

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.

Big Tech Earnings In Focus After Monday's Market Sell-Off

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.

Wall Street's AI Giants Tumble as Chinese Rival Emerges

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%.

Potlatch Corp. beats earnings expectations in Q4

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.

Sanmina Q4 CY2024 Earnings Results: Beat Estimates, Mixed Guidance

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.

Venture Global Stumbles After Troubled IPO, Loses $12 Billion in Value

Venture Global Inc. shares tumbled 20% from its IPO price as investors remain cautious about companies without public track records.