Posts with tag: digital transformation
Oil rebounds as escalating trade war weighs on market sentiment, with Brent at $75/barrel and WTI at $71/barrel. US-China tariffs, possible new aluminum and steel tariffs, and lackluster demand outlook all contribute to oil's downward trend.
Published on: February 10, 2025, 08:00 AM UTC
US stocks mixed on Thursday ahead of Amazon results as investors assess earnings and watch Trump's policy moves.
Published on: February 07, 2025, 02:03 PM UTC
Google is backing away from diversity hiring targets, joining Meta in reversing course on certain corporate diversity initiatives. Amidst intensifying scrutiny of DEI goals, many companies are withdrawing from such policies due to legal and political pressure.
Published on: February 07, 2025, 01:03 PM UTC
MasterCraft Boat Holdings reports $2.7 million in net income for the fiscal second quarter, with earnings of 10 cents per share and revenue of $63.4 million. The company expects Q3 earnings of 17 cents per share, revenue of $75 million, and full-year earnings of 64-86 cents per share with revenue of $275-295 million.
Published on: February 06, 2025, 01:06 PM UTC
Ford Q4 earnings top estimates; 2025 guidance muted due to market headwinds including potential EV tax credit loss, tariffs. Revenue up 5% YoY to $48.2B.
Published on: February 06, 2025, 11:02 AM UTC
Pfizer CEO Albert Bourla weighs in on Robert F. Kennedy Jr.'s nomination for HHS secretary, discussing Kennedy's views on vaccines and the potential impact on the pharmaceutical industry.
Published on: February 05, 2025, 09:02 AM UTC
Trump's tariffs on Canada could cost US households $690 each, raise prices on gas, cars, produce, and more. Experts warn of potential disruptions to the auto industry and the broader US economy. Read more.
Published on: February 03, 2025, 10:01 PM UTC
The US bond market warns President Trump that his tariffs may fuel inflation and slow economic growth. The risk of higher import prices rekindling inflation has hovered over markets since Trump's election. Traders expect the nascent trade war to deal a fresh shock to the resilient economy, narrowing the gap between 2- and 30-year bond yields.
Published on: February 03, 2025, 04:01 PM UTC
President Trump imposes tariffs on Canada, Mexico, and China, citing national emergency concerns over fentanyl and illegal migration. The tariffs take effect on February 4th, and retaliatory measures from the affected countries are expected. The economic impact is estimated to be significant, with potential job losses and price increases. The move has drawn criticism from business groups and some Republican allies.
Published on: February 03, 2025, 01:04 PM UTC
US stock futures plunge on Monday as Trump's tariffs on China, Mexico, and Canada send markets spiraling. Nasdaq 100 futures dive 2.3%, S&P 500 futures lose 1.9%, and Dow Jones futures stumble 1.5%.
Published on: February 03, 2025, 08:01 AM UTC