Posts with tag: future
Elon Musk's government efficiency commission claims billions in savings through canceled and renegotiated contracts, but experts question the accuracy of those figures and the impact on the federal workforce and economy.
Published on: February 20, 2025, 12:02 PM UTC
US stock index futures dip as investors seek safety amid trade war threats, geopolitical concerns, and a cautious Federal Reserve. Safe-haven assets like gold and the yen rise, while Treasury yields ease.
Published on: February 20, 2025, 11:00 AM UTC
South Korea will impose tariffs on Chinese steel, steel producers
Published on: February 20, 2025, 10:01 AM UTC
Saudi Arabia's SMC Hospitals, a leading healthcare provider, plans an initial public offering (IPO) in Riyadh, following a wave of healthcare IPOs in the kingdom. The company operates multiple hospitals and clinics and aims to capitalize on the growing healthcare sector in Saudi Arabia. The IPO is part of Vision 2030, promoting healthcare development and economic diversification.
Published on: February 20, 2025, 08:00 AM UTC
US future markets fell as the S&P 500 hit a record high for a second day and investors considered the latest sign the Federal Reserve will not cut rates soon.
Published on: February 20, 2025, 06:01 AM UTC
Lenovo's quarterly profit beats projections, driven by AI infrastructure spending and PC market recovery. Investors bet on AI PCs and government subsidies boosting demand, while potential tariffs and economic challenges remain.
Published on: February 20, 2025, 05:01 AM UTC
Online car dealer Carvana reported a beat on revenue and profit for the fourth quarter, with strong retail unit sales and adjusted EBITDA. Shares initially rose after hours but later pulled back, despite the company's record full-year sales and adjusted EBITDA margin.
Published on: February 20, 2025, 01:01 AM UTC
US futures drop after S&P 500 hits record high, Fed signals pause in rate cuts.
Published on: February 20, 2025, 01:00 AM UTC
Carvana (CVNA) defies estimates with revenue and profit beat but faces post-market pullback after hitting a 52-week high. Despite growing 32% YoY, revenue falls short of Q3 and shares dip in after-hours trading.
Published on: February 20, 2025, 12:02 AM UTC
Exxon Mobil and SLB seek lithium investment opportunities in Chile, world's second-biggest lithium producer. The companies, under pressure to reduce carbon emissions, see parallels between conventional oil and gas drilling methods and lithium extraction from brine.
Published on: February 20, 2025, 12:01 AM UTC