Tag: Digital marketing

Salesforce cuts over 1,000 jobs while hiring for AI products. Displaced workers can apply for other internal roles. Divisions affected by layoffs are unknown. Salesforce had 72,682 employees as of January 2024. CEO Marc Benioff previously announced closing deals for "Agentforce," a platform creating AI-powered virtual representatives. Quarterly earnings will be reported on February 26.

Published on: February 04, 2025, 01:01 AM UTC

Capital Southwest Corp. (CSWC) reports Q3 net income of $16.3 million, surpassing analyst estimates with adjusted EPS of 63 cents and revenue of $52 million.

Published on: February 03, 2025, 11:07 PM UTC

Oil prices surge as Trump delays Mexico tariffs, but investors worry about impact on global economy

Published on: February 03, 2025, 05:04 PM UTC

Stocks dipped after President Trump imposed tariffs, but a strong earnings season and potential for improvement in the manufacturing sector could provide tailwinds. The January jobs report, due out Friday, and ISM Manufacturing PMI on Monday will provide key updates on the economy's health.

Published on: February 03, 2025, 01:04 PM UTC

President Trump's crypto coin has generated an estimated $86 million to $100 million in trading fees in less than two weeks, according to blockchain analysis firms. The meme coin, known as $Trump, was launched by Trump on January 17th and quickly surged in value, reaching a peak of over $14.5 billion before slumping by two-thirds. The creators of the coin receive a share of the trading fees from Meteora, a crypto exchange where the coins were first sold. At least fifty of the largest investors in the coin have made profits in excess of $10 million each, while some 200,000 crypto wallets with small holdings have lost money.

Published on: February 03, 2025, 12:01 PM UTC

Canada's economy faces a severe shock due to a tariff war with the US, potentially leading to a recession. Economists predict a 2-4% decline in GDP, increased consumer prices, higher unemployment, and a weakened Canadian dollar. The economic consequences for Canada are significant, with some experts calling it an "existential threat" given the importance of exports to the US.

Published on: February 02, 2025, 10:00 PM UTC

Uncertainty around energy tariffs weighs on oil markets ahead of Trump's Feb. 1 deadline, with potential implications for US-Canada trade and the global economy.

Published on: January 31, 2025, 08:01 PM UTC

Beazer Homes USA Inc. (BZH) reported fiscal first-quarter earnings of $3.1 million, below analyst estimates of 31 cents per share. Revenue of $469 million beat expectations of $460.6 million. BZH shares have gained 1% YTD but fell 15% in the last 12 months.

Published on: January 30, 2025, 10:09 PM UTC

European Central Bank cuts interest rates, keeps more easing on the table due to weak economy and inflation concerns.

Published on: January 30, 2025, 02:08 PM UTC

Sirius XM posts strong Q4 revenue of $2.19B, topping estimates; reports loss for the year

Published on: January 30, 2025, 01:08 PM UTC