Tag: creativity

Indian refiners are reconfiguring supply chains to continue importing discounted Russian crude despite US sanctions, working with merchants, shippers, and middlemen to replace sanctioned entities and vessels.

Published on: February 12, 2025, 02:04 PM UTC

Tesla stock is down 33% since hitting a record high in December 2024. Analysts say the drop is due to concerns about Tesla's sales in important overseas markets, the company's close proximity to Trump, and fresh tariffs from the Trump administration.

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

OPEC forecasts robust global oil demand growth of 1.45 million barrels per day in 2025, supported by air and road travel, despite uncertainty from US trade policy.

Published on: February 12, 2025, 02:00 PM UTC

President Trump's advisors discuss shifting billions from USAID to a government-run agency headed by the dealmaker son of Apollo Global Management co-founder Leon Black, overhauling how the US wields economic power internationally.

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

Avis Budget Group reports a fourth-quarter loss of $1.96 billion, despite beating Wall Street expectations. The car rental company reported revenue of $2.71 billion, falling short of Street forecasts.

Published on: February 11, 2025, 10:06 PM UTC

Adaptive Biotechnologies Corp. (ADPT) reports a Q4 loss of $33.7 million, or 23 cents per share, beating analyst estimates of a 26 cents per share loss. The life-sciences research company also topped revenue expectations with $47.5 million.

Published on: February 11, 2025, 10:06 PM UTC

Zillow Home Loans combines mortgage lending with real estate search, offering a convenient solution for homebuyers. They provide various mortgage options, including conventional, FHA, and VA loans, along with educational resources and tools. While they have competitive loan costs, their interest rates are slightly higher than some rivals. Additionally, their loan selection may appear more extensive than it actually is, as some mortgages are sourced through their lender marketplace. Overall, Zillow Home Loans offers a comprehensive experience for homebuyers seeking multiple mortgage options in one place.

Published on: February 11, 2025, 10:01 PM UTC

Slowdown in M&A deals, antitrust concerns, and political scrutiny impacting Wall Street in early days of Trump 2.0

Published on: February 11, 2025, 04:03 PM UTC

Big Tech companies' hefty AI spending — a collective $325 billion — is driving the stock market's AI trade. Tracking these investment plans offers a tangible way to monitor AI's impact on the market.

Published on: February 11, 2025, 04:03 PM UTC

US stocks rebounded on Monday as investors looked beyond President Trump's latest tariff threats. The Dow Jones Industrial Average gained nearly 0.4%, the S&P 500 rose roughly 0.6%, and the Nasdaq Composite popped nearly 1%. Investors weighed Trump's recent pledge to introduce additional 25% tariffs on steel and aluminum from all countries, with the official announcement expected on Monday. The new metals tariffs are likely to benefit US steel companies, whose stock jumped. Shares in Cleveland-Cliffs, Nucor and US Steel all jumped. Aluminum producer Alcoa's stock also gained. On the corporate front, 78 S&P 500 companies are set to report earnings this week.

Published on: February 11, 2025, 02:03 PM UTC