Posts with tag: development
Oil prices fell after US President Donald Trump said he spoke with Russian President Vladimir Putin, sparking speculation that risks to crude supplies in the region may ease.
Published on: February 12, 2025, 09:01 PM UTC
New and used car prices saw mixed results in January's CPI report, with used car prices continuing their upward trend and reaching their highest monthly jump since May 2023.
Published on: February 12, 2025, 07:02 PM UTC
Intel's stock surged after VP Vance promoted domestic chip manufacturing, highlighting the company's role as a leading US hope for AI chip production despite facing challenges and internal issues.
Published on: February 12, 2025, 06:02 PM UTC
Super Micro Computer stock soared 12% premarket after outlining an ambitious revenue goal of $40 billion by 2026 and confirming plans to file delayed SEC reports by Feb. 25 deadline to avoid Nasdaq delisting.
Published on: February 12, 2025, 04:03 PM UTC
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Published on: February 12, 2025, 04:00 PM UTC
Super Micro Computer (SMCI) stock surges on Nasdaq delisting avoidance and ambitious revenue goal for 2026. Despite missing earnings estimates, company expects to file SEC reports by February 25th deadline.
Published on: February 12, 2025, 03:02 PM UTC
CME Group Inc. reports fourth-quarter profit, beating Wall Street expectations. The Chicago-based company says it had net income of $2.40 per share. Revenue was $1.53 billion.
Published on: February 12, 2025, 01:08 PM UTC
Kroger appoints PepsiCo's David Kennerley as CFO, effective April 3, succeeding interim CFO Todd Foley.
Published on: February 12, 2025, 01:05 PM UTC
Japan's Eneos aims to raise at least $2.61 billion in the nation's biggest IPO in seven years by listing its metals unit JX Advanced Metals (JXAM) on the Tokyo Stock Exchange.
Published on: February 12, 2025, 06:02 AM UTC
January's Consumer Price Index (CPI) report is expected to show headline inflation at 2.9%, matching December's annual gain and a slight deceleration in monthly increases. Core inflation, excluding food and gas, is seen at 3.1%, the lowest since April 2021, but core services are forecast to tick higher. The report will be closely watched for any impact from Donald Trump's presidency and his protectionist trade policies on inflation expectations.
Published on: February 12, 2025, 06:01 AM UTC