Posts with tag: future
BP shares surge after Elliott's stake revealed, with investors hoping for change amid disappointing earnings predictions. Murray Auchincloss set to present new company strategy on February 26th.
Published on: February 10, 2025, 12:05 PM UTC
Mexico's central bank chief says the country's inflation slowdown allows for further interest rate cuts, but tariffs pose a risk.
Published on: February 10, 2025, 12:04 PM UTC
Jiangsu Lopal Tech and Contemporary Amperex Technology are restarting their lithium refinery in China after a five-month halt, potentially further suppressing lithium prices.
Published on: February 10, 2025, 12:00 PM UTC
US equity futures rose as markets processed President Trump's tariffs on steel and aluminum. The S&P 500 and Nasdaq 100 gained at least 0.3%, while aluminum and steel companies rose in premarket trading. BP Plc surged 6.7% after an activist investor revealed a stake. Trump's tariffs may boost inflation, potentially limiting the Federal Reserve's ability to cut interest rates. Gold advanced to a record high, while 10-year Treasury yields remained steady.
Published on: February 10, 2025, 10:00 AM UTC
Tariffs on steel and aluminum put currencies of exporting countries at risk, cause volatility in equities. Markets are tense ahead of Powell's testimony and potential retaliatory tariffs.
Published on: February 10, 2025, 03:01 AM UTC
JPMorgan Chase faces criticism over DEI initiatives from conservative activist Robby Starbuck, who alleges illegal hiring practices and ineffective training methods. CEO Jamie Dimon remains committed to the programs, citing their positive impact on business and shareholders despite increasing scrutiny of DEI policies nationwide.
Published on: February 10, 2025, 02:02 AM UTC
Listen to the Opening Bid podcast for expert perspectives on the future of AI in the workplace. From CEOs to economists, hear diverse opinions on how AI will impact productivity, job availability, and investment strategies. Join us for insightful conversations on the latest business trends and technology advancements.
Published on: February 10, 2025, 02:01 AM UTC
The sequel to the Chinese animated blockbuster Ne Zha grossed over $1 billion in its first 10 days in cinemas, setting a new box office record for the country.
Published on: February 09, 2025, 07:00 AM UTC
Defense tech firm Anduril Industries is in talks to raise $2.5 billion in a new funding round that would double its valuation to over $28 billion.
Published on: February 08, 2025, 02:00 PM UTC
McDonald's Q4 Results: Sales Miss, Outlook Uncertain Amid Value Menu Push
Published on: February 07, 2025, 10:02 PM UTC