Tag: current events

United Airlines forecasts higher-than-expected profit in Q1 2023 on strong travel demand and pricing power, with adjusted earnings of $0.75-$1.25 per share, exceeding analyst estimates of $0.54 per share.

Published on: January 21, 2025, 10:04 PM UTC

Tech giants cozy up to Trump after a contentious first term, seeking to mend fences and address potential risks. The cybersecurity sector has seen positive performance since Trump's election, driven by factors such as favorable policies and increasing digital risks.

Published on: January 21, 2025, 09:01 PM UTC

Pork producer Smithfield Foods targets up to $10.73 billion valuation in U.S. IPO. The offering is part of WH Group's plan to create a separate fundraising platform for its U.S. and Mexico businesses.

Published on: January 21, 2025, 01:04 PM UTC

Netflix Q4 earnings: Strong results expected amid content slate, sports dominance

Published on: January 21, 2025, 12:01 PM UTC

Goldman Sachs is increasingly embracing private markets, offering executives carried interest and establishing a capital solutions group focused on private credit. This shift aligns with the convergence of public and private markets, where companies are opting to stay private longer due to increased regulatory burdens and investor demand for less volatility.

Published on: January 21, 2025, 09:01 AM UTC

Baillie Gifford U.S. Growth Trust says its six-month share price and net asset value performance outpaced the S&P 500 in sterling terms, rejecting criticism from activist investor Saba Capital, which is pushing for board changes.

Published on: January 21, 2025, 09:01 AM UTC

Singapore's central bank may loosen monetary policy this week amid easing inflation and strong economic growth, but some analysts expect it to remain unchanged.

Published on: January 21, 2025, 07:00 AM UTC

Trump's first day back in office was one without major action on tariffs, but he made clear that historic new duties are coming. He suggested 25% tariffs on Mexico and Canada could happen on February 1st, and that blanket tariffs remain on the table for other countries. He declined to offer details on new tariffs for China, but said that tariffs are on the table. Trump signed an order establishing an 'America First Trade Policy' and directed various figures in his administration to "undertake a review of, and identify, any unfair trade practices by other countries and recommend appropriate actions to remedy such practices."

Published on: January 21, 2025, 03:01 AM UTC

Charts offer a convenient method for analysts to assess the relationship between two variables by plotting a sample as scatterplots and carrying out a linear regression analysis. Through this process, a line of best fit is established, and the R-squared value is computed. This value reflects the extent to which the line captures the relationship between the variables. The R-squared value indicates the degree to which changes in one variable predict changes in the other variable. While some analyses yield high R-squared values (e.g., stock prices versus earnings), others may show low values, as we will demonstrate below. Statistical analyses like these are crucial for market analysis because they reveal that intuitive assumptions about the relationship between variables may not always align with actual observations.

Published on: January 20, 2025, 01:01 AM UTC

Analysts often analyze the relationship between two variables using a scatterplot and linear regression, using the R-squared to measure the explained relationship. However, sometimes the R-squared value is negligible, highlighting the need to consider more than just a single metric when analyzing complex systems like the economy and markets.

Published on: January 19, 2025, 06:00 PM UTC