Tag: eco-friendly

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KFC Uprooted From Kentucky, Corporate Office Moves to Texas

Kentucky Fried Chicken is moving its headquarters from Louisville to Plano, Texas, and Irvine, California, as part of a broader plan to designate two brand headquarters in the U.S.

FX Headwinds Impact Corporate Earnings: USD Strength Pressures Megacap Tech, Others

The surging US dollar impacts corporate earnings, with tech giants and consumer brands facing foreign exchange headwinds. Apple, Alphabet, Microsoft, Tesla, and Meta report significant overseas revenue, resulting in warnings about dollar strength. Amazon predicts slow revenue growth due to foreign exchange headwinds, while McDonald's, Coca-Cola, and Johnson & Johnson forecast currency headwinds.

WD Q4 Earnings Top Estimates

Walker & Dunlop reports $44.8 million profit in Q4, with EPS of $1.32 and revenue of $341.5 million. For the year, profit reached $108.2 million, EPS of $3.19, and revenue of $1.13 billion.

Tesla's Woes: Musk's Bid for OpenAI Distracts, Ignites Competition

Tesla CEO Elon Musk's attempt to acquire OpenAI faces criticism from analysts who see it as a distraction and potential risk to the company amid increasing competition and challenges.

Lyft Dips as Gross Bookings Forecast Falls Short

Lyft shares drop 12.5% on weaker-than-expected first-quarter outlook, despite aggressive competition against Uber.

Trump Media Plans Bitcoin ETF in Latest Crypto Venture

Trump Media & Technology Group, backed by former President Donald Trump, plans to launch a Bitcoin exchange-traded fund (ETF) as part of its Truth.Fi brand, aiming to give investors exposure to areas aligned with Trump's economic priorities. The announcement signals Trump's continued involvement in the cryptocurrency industry, which he has previously expressed support for.

Stocks Mixed as Market Awaits Amazon Earnings, Tracks Earnings Season

US stocks were mixed on Thursday as investors assessed earnings and awaited Amazon's results. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 rose 0.3% and the Nasdaq Composite popped 0.5%. Investors are watching earnings for company warnings, and tech results are being scrutinized for signals about AI demand. Treasury Secretary Bessent relieved pressure on the Fed, saying Trump wants to bring down 10-year Treasury yields to ease borrowing costs rather than push for lower interest rates. Jobless claims jumped to 219,000 last week, slightly above estimates. Amazon's revenue forecast disappointed, sending shares down. Nvidia shares rose 3% as stocks rallied. AI mentions are at an all-time high on earnings calls. Ford fell 7% after muted guidance. Apple supplier Skyworks stock plummeted as the iPhone maker turns to a competitor. A tariff threat on lumber poses risks to builders' margins. Americans looking for work haven't had it this hard in almost 3 years. The Dow drops 150 points, weighed by Salesforce and Honeywell. Arm and Qualcomm stocks fall as investors wait for AI to drive demand for their chips. The labor market could be the only hope for another Fed rate cut. Roblox tumbles 13% as key metrics disappoint Wall Street. Tesla stock extends losses, down more than 2%. Peloton stock soared 23% as quarterly sales came in better than expected. Qualcomm shares were down 5% on Thursday after the chipmaker's quarterly earnings came in better than expected, but guidance for its licensing business disappointed Wall Street. Honeywell shares fell 4% on Thursday after the conglomerate ended months of speculation by announcing it would split into three listed companies. Stocks opened higher as earnings poured in. Eli Lilly reports mixed earnings, increases 2025 guidance. Europe stocks rise, FTSE 100 surges after BOE rate cut. Oil prices return from losses with Saudi price increase.

Fed Officials Stress Caution Amid Tariffs, Inflation Concerns

Fed officials hold a unified message on responding to tariffs, expressing caution and a wait-and-see approach as inflation concerns linger due to trade policies.

Disney Aims to Rebound in Streaming Despite Netflix Dominance

Disney is aiming for streaming growth this year, despite Netflix's continued dominance. Disney+ subscriber numbers fell short of expectations, but the company remains optimistic due to upcoming content and initiatives like paid sharing. Despite better-than-expected earnings, Disney shares fell as investors weighed streaming growth concerns.

Chipotle Earnings: Execs Point to 'Strong Transaction' Growth, Conservative Guidance

Chipotle fights off headwinds, meets Q4 expectations, reports strong sales growth and margin expansion. The company forecasts continued growth in 2025, despite potential tariff impacts and plans to open new locations. Chipotle is also testing new technology to improve throughput and efficiency.