Posts with tag: future
Inflation stays hotter than expected, makes Fed rate cuts less likely this year
Published on: February 12, 2025, 06:02 PM UTC
Oracle Co-founder Larry Ellison says governments should consolidate national data for AI models. He claims that unifying data sets can improve public services, reduce costs, and prevent fraud.
Published on: February 12, 2025, 05:06 PM UTC
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Published on: February 12, 2025, 04:00 PM UTC
Donald Trump calls for lower interest rates despite rising US inflation, as Jerome Powell resists pressure and warns of 'risks and uncertainties' from new tariffs.
Published on: February 12, 2025, 03:00 PM UTC
Super Micro Computer (SMCI) shares surged after a positive business update. The company expects to avoid Nasdaq delisting, aims for $40B revenue by 2026, despite missing Q2 estimates.
Published on: February 12, 2025, 02:01 PM UTC
Tesla Stock Falls as Elon Musk's OpenAI Bid Raises Concerns about Distraction and Valuation Discord
Published on: February 12, 2025, 01:01 PM UTC
Generac Holdings Inc. (GNRC) reported fourth-quarter net income of $117.2 million, beating Wall Street expectations. Adjusted earnings came to $2.80 per share, on revenue of $1.23 billion, meeting forecasts. For the year, GNRC reported profit of $316.3 million, or $5.39 per share, on revenue of $4.3 billion.
Published on: February 12, 2025, 12:06 PM UTC
Temu is shifting to a "half-custody" framework in response to Trump's tariffs, which threatens to increase prices on the budget shopping app as merchants lose economies of scale and incur higher delivery costs. The shift may also result in fewer Chinese suppliers selling on the platform, especially smaller merchants unable to command favorable shipping rates or devote resources to managing logistics.
Published on: February 12, 2025, 03:00 AM UTC
Jinjiang International Group signs joint venture framework agreement with Warner Bros to develop a Harry Potter theme park in Shanghai, set to open in 2027.
Published on: February 12, 2025, 02:00 AM UTC
January inflation data expected: 2.9% headline, 3.1% core; Fed rate cut debate hinges on inflation trends
Published on: February 11, 2025, 10:10 PM UTC