Posts with tag: education
Freddie Mac reports a decline in average 30-year mortgage rate to 6.85%, marking the fifth consecutive week of reduction.
Published on: February 20, 2025, 06:05 PM UTC
Alibaba posts fastest revenue growth in a year as Chinese internet giant recovers from turbulence, showcasing strong e-commerce and cloud services performance, rising stock value, and focus on artificial intelligence to drive future growth.
Published on: February 20, 2025, 03:04 PM UTC
The Takeaway: The S&P 500's all-time highs are threatened by trade war concerns, consumer anxiety, and a potential inflation uptick. Despite negative investor sentiment, the market remains calm. But underlying concerns about economic growth, stock market performance, and inflation suggest a brewing storm.
Published on: February 20, 2025, 02:02 PM UTC
US stocks anticipate a modest decline despite mixed corporate results, including disappointing forecasts from Walmart, as markets grapple with geopolitical uncertainties and await key economic data and events.
Published on: February 20, 2025, 02:00 PM UTC
The Shyft Group reports a fourth-quarter loss, with adjusted earnings of $0.15 per share and revenue of $201.4 million.
Published on: February 20, 2025, 01:07 PM UTC
Somnigroup International Inc. (SGI) reported fourth-quarter earnings of $71.9 million, exceeding Wall Street expectations. Earnings per share were 40 cents, and adjusted earnings were 60 cents per share. Revenue for the period was $1.21 billion, also beating estimates. For the year, the company reported a profit of $384.3 million, or $2.16 per share, on revenue of $4.93 billion. Somnigroup expects full-year earnings in the range of $2.60 to $3 per share.
Published on: February 20, 2025, 12:06 PM UTC
Birkenstock sandals, a German summer staple, fail to qualify as art in the eyes of Germany's highest court, which ruled that functionality takes precedence over aesthetics in this case.
Published on: February 20, 2025, 11:04 AM UTC
Palantir stock (PLTR) plunges 10% on report of Pentagon budget cuts. The Trump administration has told the Pentagon to plan for large budget cuts over the next five years, according to a Washington Post report.
Published on: February 20, 2025, 09:02 AM UTC
One of Indonesia's largest nickel smelters, Gunbuster Nickel Industry, faces closure after the collapse of its Chinese parent company. Production has been slashed due to payment delays and ore procurement issues.
Published on: February 20, 2025, 09:01 AM UTC
CVS, PFE, GDRX, LLY, HIMS stocks surge as pharma battle with PBMs heats up in Washington. Amid scrutiny, CVS Health defends its role in reducing drug costs, citing 90% generic prescriptions and $8 average out-of-pocket costs.
Published on: February 20, 2025, 05:01 AM UTC