Tag: exploration

Posts with tag: exploration

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Stock Market in Focus: Futures Rise, Inflation Report Dashes Rate Cut Hopes

US stock futures gain after inflation report as investors await earnings and PPI data.

US Presents Economic Pact to Ukraine During Kyiv Visit

US Treasury Secretary Scott Bessent presents an economic partnership agreement to President Volodymyr Zelenskiy during his visit to Kyiv, outlining the importance of continued support from President Donald Trump's administration in exchange for the agreement.

Walgreens' VillageMD Explores Sale or Restructuring Options

VillageMD, backed by Walgreens, explores strategic options including a sale or restructuring, working with Evercore and Alvarez & Marsal. Walgreens aims to divest VillageMD, reduce debt, and enhance its financial position.

Equinix Misses on Revenue Estimates Amid Data Center Spending Scrutiny

Equinix forecasts lower-than-expected revenue due to a strong dollar and concerns about data center expansion costs amid generative AI adoption.

Intel Stock Jumps After VP Vance's Comments on Domestic AI Chip Production

Intel stock rose 3% after VP Vance's bullish comments on domestic chip manufacturing, as the company aims to boost AI chip production in the US amidst competition from TSMC and Samsung.

January Inflation Data Fuels Concerns, Complicates Fed's Trajectory

New inflation data shows consumer prices rose more than forecast in January, reversing last month's easing. Core prices climbed 0.4% over the prior month, the largest monthly rise since April 2023. Inflation has remained above the Federal Reserve's 2% target, complicating its path forward for interest rates.

Egg, Juice, Coffee Inflation Takes Bite Out of Shoppers' Wallets

Inflation is hitting shoppers' wallets, with key staples like eggs, orange juice, and coffee seeing significant price increases. Avian influenza has reduced egg production, while hurricanes and citrus greening have affected orange juice. Coffee prices are also on the rise due to weather events and supply chain issues.

Amazon Stock: Bulls Gain Ground Despite Lackluster Quarter

Despite a weak Q4, Amazon's (AMZN) stock is rising on support from bulls amid generative AI investments and margin improvement expectations in the retail business.

Intel Stock Jumps on Bullish Comments, Despite Internal Issues

Intel stock rose nearly 3% in early trading Wednesday, extending gains from the prior day when Vice President JD Vance made bullish comments about domestic chip manufacturing.

Procore Earnings Preview: Revenue Growth, Expectations, and Analyst Outlook

Procore (PCOR) Earnings Preview: Revenue Growth to Slow, Earnings Expected to Rise