Tag: food

Posts with tag: food

Latest Posts

Japanese Household Spending Surges 2.7% in December

Tokyo household spending climbed 2.7% in December from a year earlier, the first increase in five months and much faster than the expected 0.5%.

Franklin Templeton Plans Crypto ETF to Tap Trump Bitcoin Boost

Franklin Templeton seeks regulatory approval to launch a new crypto index exchange-traded fund, as asset managers hope to cash in on the crypto wave amid Donald Trump's victory in U.S. presidential elections.

Palantir (PLTR) Stock Soars as AI Giant Delivers Strong Financials

Palantir's stock surges as analysts debate its valuation and growth potential. Some see its AI software dominance and improving financials as justification for its premium valuation, while others question its sustainability and high volatility.

January Jobs Report: Hiring Slows, Unemployment Rate Flat

The January jobs report is expected to show that hiring slowed to start 2025, with non-farm payrolls rising by 170,000 and the unemployment rate holding steady at 4.1%. Economists say the report will likely send a positive signal about the health of the economy despite recent tariff concerns.

Cemex Sees US Cement Demand Recovery After Hurricane Impact

Cemex shares rally as the cement maker sees improving demand in the US, its largest market, despite lower volumes impacting 2024 sales. The company announces a $350 million cost-cutting plan and expects a boost from infrastructure projects under the Biden administration's Infrastructure Investment and Jobs Act.

Elon Musk's Legal Battle With OpenAI CEO Sam Altman Could Take Years

Elon Musk's legal battle with OpenAI CEO Sam Altman over the future of the AI research company could last until 2027, as per a California federal district judge.

Fed Likely to Cut Rates if Labor Market Weakens, Wall Street Says

The Fed's next move uncertain as investors navigate Trump's trade policy and search for clarity on the labor market.

Boeing Forecasts India, South Asia Airlines to Add 2,835 Aircraft Over 20 Years

Boeing forecasts that Indian and South Asian airlines will add 2,835 aircraft over 20 years, driven by rising middle class and economic growth.

Big Tech's AI Bets: Hits and Misses Amid Earnings Reports

Big Tech earnings season is coming to an end, with Amazon and Nvidia left to report. Despite uneven reports, AI remains a major focus for Wall Street. Microsoft missed on cloud revenue, Meta said sales growth would slow, Apple fell short of iPhone revenue estimates, and Google disappointed on cloud growth. However, analysts remain optimistic about Big Tech's long-term AI bets.

RMR Group Reports Q1 Earnings

RMR Group Inc. (RMR) reports earnings of $6.3 million in fiscal Q1, with a net income of 38 cents per share.