Posts with tag: fashion
Essent Group Ltd. reported Q4 earnings of $1.67 per share, missing Wall Street expectations. For the year, the company reported profit of $729.4 million or $6.85 per share on revenue of $1.24 billion.
Published on: February 14, 2025, 12:05 PM UTC
US stock futures are on hold as investors reflect on a busy week of tariff developments and inflation updates, ahead of retail data and earnings announcements.
Published on: February 14, 2025, 12:01 PM UTC
Airlines for America, representing Delta and American, urges the Trump administration to halt a review into cash compensation for flight delays, citing increased ticket prices and canceled flights as potential consequences.
Published on: February 14, 2025, 12:00 PM UTC
US investors withdraw from equity funds in the second consecutive week amid inflation concerns, weak economic data, and concerns over reciprocal tariffs.
Published on: February 14, 2025, 12:00 PM UTC
Global equity funds saw major inflows after a rally in European shares due to a Bank of England rate cut, with investors purchasing a net $5.66 billion worth of funds.
Published on: February 14, 2025, 12:00 PM UTC
US futures fluctuated as Trump imposed reciprocal tariffs, with Nasdaq futures rising 0.1%. Airbnb and GameStop surged after hours on positive news, while Palo Alto Networks fell 5% despite strong demand for its cybersecurity solutions. Sony stocks jumped 11% in Tokyo on a raised operating profit forecast and strong gaming division performance.
Published on: February 14, 2025, 08:01 AM UTC
Indian music labels including T-Series, Saregama and Sony join copyright lawsuit against OpenAI for improper use of recordings to train AI models, citing concerns over unauthorized usage and breach of copyright.
Published on: February 14, 2025, 08:00 AM UTC
Chinese President Xi Jinping to chair symposium on private sector as economy sputters
Published on: February 14, 2025, 07:00 AM UTC
US futures climb as Trump imposes reciprocal tariffs, while investors await retail sales data and Moderna earnings.
Published on: February 14, 2025, 05:01 AM UTC
Chinese stocks surge in Hong Kong on AI optimism, with the Hang Seng China Enterprises Index jumping 2.7%, driven by Xiaomi, Tencent, and Meituan. Despite concerns about AI rally overextension, analysts see Deutsche Bank calling it a "Sputnik moment" and Goldman Sachs noting hedge fund buying. Beijing's Two Sessions meeting is expected to provide further stimulus, with the Hang Sang gauge of Chinese stocks up 12% YTD.
Published on: February 14, 2025, 05:01 AM UTC