Tag: culture

Mortgage rates remained largely unchanged this week despite a stock market sell-off, with the average 30-year rate at 6.95% and 15-year rates at 6.12%.

Published on: January 31, 2025, 12:03 PM UTC

President Donald Trump's tariff threats aim to reshape US trade policy, with potential ramifications for inflation and interest rates. As a Feb. 1 deadline approaches, markets and global trading partners await the latest updates on potential tariffs against Mexico, Canada, and China.

Published on: January 31, 2025, 12:02 PM UTC

Shares of Malibu Boats (NASDAQ:MBUU) jumped 9.3% in the morning session after the company reported strong fourth-quarter results. Access our full analysis report here, it’s free.

Published on: January 30, 2025, 07:04 PM UTC

Parker-Hannifin (PH) stock jumped 6.2% after reporting strong Q4 results, beating EPS estimates despite revenue miss. Demand indicators improved, especially in Aerospace, and overall order rate increased. Read more to know why PH stock is up.

Published on: January 30, 2025, 07:00 PM UTC

US stocks struggled to make headway on Thursday as investors digested earnings from megacap tech companies and awaited results from Apple for further clues on the outlook for large technology stocks. The S&P 500 (^GSPC) added 0.3%, while the Dow Jones Industrial Average (^DJI) also rose 0.3%. The Nasdaq Composite (^IXIC) fell by 0.19%, dragged down by losses in Nvidia and Microsoft of 3% and 6%, respectively. Investors turned to parsing earnings reports after the Federal Reserve left interest rates unchanged as expected, with a particular focus on the first wave of results from the "Magnificent Seven" companies that have driven broader stock market gains. Tesla's stock ticked higher despite missing earnings as investors accepted its promise to return to growth in 2025. Meanwhile, Meta's quarterly earnings beat helped lift its shares, but Microsoft's stock fell after its cloud revenue came in below expectations.

Published on: January 30, 2025, 06:02 PM UTC

Civista Bancshares Inc. (CIVB) reported Q4 earnings of $9.9 million ($0.63/share), exceeding Wall Street estimates of $0.53/share. Revenue reached $62.2 million, also topping expectations. For the full year, the company reported profit of $31.7 million ($2.01/share) and revenue of $154.5 million.

Published on: January 30, 2025, 01:05 PM UTC

Meta CEO Mark Zuckerberg predicts AI assistant success in 2025, plans to invest billions in AI infrastructure. Learn about Meta's AI strategy and the impact of DeepSeek's recent advancements.

Published on: January 30, 2025, 10:00 AM UTC

Liberty Oilfield Services Inc. (LBRT) reports fourth-quarter profit of $51.9 million, exceeding Wall Street expectations.

Published on: January 29, 2025, 11:09 PM UTC

The Nasdaq and S&P 500 rebounded on Tuesday, following a steep stock sell-off spurred by Chinese startup DeepSeek and the ripple effect its potentially cheaper AI model could have on Big Tech. Bellwether Nvidia (NVDA) was the standout of the trading day, with shares finishing the day up nearly 9% after it shaved off a record $589 billion from its market cap in the previous session.

Published on: January 28, 2025, 11:02 PM UTC

Princeton Bancorp reports fourth-quarter net income of $5.2 million, missing revenue estimates.

Published on: January 28, 2025, 10:09 PM UTC