Tag: crafts

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Wolverine World Wide Q4 profit tops expectations

Wolverine World Wide Inc. reports Q4 profit of $24.6 million, topping analysts' expectations. The footwear maker also posted revenue of $494.7 million, exceeding Street forecasts.

CVS Stock Surges on Conservative 2025 Outlook

CVS stock rose nearly 15% after the company reported a beat on earnings and a conservative 2025 financial outlook. CEO David Joyner defended the company's pharmacy benefit manager unit, which has been under fire. CVS is also pivoting away from the traditional system of negotiating drug prices.

China's Antitrust Blitz Targets Apple, Google and Nvidia in Trade War Escalation

President Trump's trade war with China has drawn Silicon Valley giants like Apple, Google, Intel, and Nvidia into a tit-for-tat economic battle. Apple faces tariffs and antitrust probes in China, while Google, Intel, and Nvidia could face similar antirust investigations. Despite the challenges, analysts believe Apple's financial impact will be limited, while Intel and Nvidia face greater headwinds from China.

FTAI Aviation: Stock Surges Despite Muddy Waters Report, Analysts Defend

FTAI Aviation (FTAI) stock jumps 7.6% as investors gain confidence despite Muddy Waters short report. Analysts defend stock, average target price at $180.

January Jobs Report Likely to Show Another Solid Month of Growth in US

The US labor market likely added 170,000 jobs in January, while annual revisions to payroll data may show a more moderate pace of hiring in recent years. The revisions will adjust for business births and deaths and align payrolls with a more comprehensive job count. The data will be closely watched by the Federal Reserve as it assesses the labor market and the need for further interest rate adjustments.

Baker Hughes Signs Agreement with Venture Global for LNG Projects

Baker Hughes partners with Venture Global to provide technology and equipment for LNG projects in the United States.

MicroStrategy Plans New Bitcoin Purchase, Surpassing U.S. Holdings

MicroStrategy Plans New Bitcoin Purchase, Surpassing U.S. Government Holdings; Digital Asset Policy Development Continues