Posts with tag: exploration
Meta stock fell over 2% on Tuesday, ending a 20-session winning streak despite strong AI investments and positive earnings. The company's spending on AI and revenue from generative AI tools are keeping investors bullish compared to its struggling Big Tech rivals.
Published on: February 19, 2025, 12:03 PM UTC
US stocks have underperformed global equities in recent months as investors grow less confident in the US "exceptionalism" trade. European stocks have outperformed the S&P 500, and strategists cite declining optimism about Fed rate cuts and a weaker growth outlook for the US. Investors are also attracted to the improving growth story in economies outside the US, where valuations are more attractive.
Published on: February 19, 2025, 12:01 PM UTC
Thailand's stock exchange tightens curbs on short selling and high-frequency trading amid declining investor confidence.
Published on: February 19, 2025, 12:00 PM UTC
Oil prices extend gains on supply uncertainties from Russia, Kazakhstan, and OPEC+ alliance.
Published on: February 19, 2025, 11:00 AM UTC
Indonesia's central bank pauses interest rate cuts to steady the rupiah amid global uncertainties and US trade threats.
Published on: February 19, 2025, 10:00 AM UTC
Pershing Square offers to buy $900M stake in Howard Hughes, Ackman to become CEO
Published on: February 19, 2025, 08:02 AM UTC
Bloomberg's Supply Lines newsletter tracks global trade. President Trump threatens 25% tariffs on auto, semiconductor, and pharmaceutical imports, potentially widening the trade war. Mexico, South Korea, Malaysia, and Singapore are among the most exposed countries. These tariffs could disrupt supply chains and increase consumer prices.
Published on: February 19, 2025, 05:00 AM UTC
Japan's Resonac Holdings looks to make deals, eyes JSR stake
Published on: February 19, 2025, 03:00 AM UTC
Mondelez CEO warns of price hikes due to 'Make America Healthy Again' movement's reformulation requirements, including ingredient swaps and removal of food dyes.
Published on: February 18, 2025, 11:00 PM UTC
Rush Enterprises Inc. (RUSHA) reports fourth-quarter earnings of $74.8 million, or 91 cents per share, on revenue of $2.01 billion. For the year, the company reported profit of $304.2 million, or $3.72 per share, on revenue of $7.8 billion.
Published on: February 18, 2025, 10:10 PM UTC