Posts with tag: gadgets
Stocks fell as President Donald Trump’s latest tariff threats stoked concern about a trade war. The S&P 500 slid from a record and homebuilders sank.
Published on: February 19, 2025, 03:04 PM UTC
Formula One, now in its 75th season, unveils new race cars and tech in London, showcasing its growing popularity due to Netflix's "Drive to Survive" and expanding into the US market with races in Miami, Las Vegas, and Austin.
Published on: February 19, 2025, 03:00 PM UTC
US single-family homebuilding plunged 8.4% in January due to severe weather and rising costs stemming from tariffs and high mortgage rates
Published on: February 19, 2025, 02:00 PM UTC
Trimble Navigation Ltd. (TRMB) reported fourth-quarter profit of $90.2 million, beating Street forecasts. For the year, the company reported profit of $1.5 billion, or $6.09 per share.
Published on: February 19, 2025, 01:08 PM UTC
Electric truck maker Nikola files for bankruptcy, listing assets between $500 million and $1 billion and liabilities between $1 billion and $10 billion.
Published on: February 19, 2025, 01:04 PM UTC
Global hedge funds buy Chinese stocks amid US-China trade tensions, seeing potential profits from geopolitical developments.
Published on: February 19, 2025, 10:00 AM UTC
China is likely to maintain steady lending rates, as policymakers balance financial stability with growth amid trade tensions and a recent surge in bank lending.
Published on: February 19, 2025, 08:00 AM UTC
Chinese investment in North America fell in late 2024 due to US hurdles and a wait-and-see stance before the Trump election. Despite an overall 10% decline, investment in renewable energy and energy sectors surged. However, transaction-level data raises questions about the accuracy of official outbound investment figures, suggesting a potential mismatch between firm-level data and national statistics.
Published on: February 19, 2025, 05:00 AM UTC
Asian stocks retreat, led by Hong Kong and Japan, after a five-day rally. Investors grow cautious amidst trade tensions and geopolitical uncertainty.
Published on: February 19, 2025, 05:00 AM UTC
CVR Energy Inc. (CVI) reported -$28 million in net income for its fourth quarter, with a loss per share of 13 cents. For the year, the company reported profit of $7 million, or 6 cents per share. Revenue for the year was $7.61 billion.
Published on: February 18, 2025, 11:05 PM UTC