Posts with tag: government
Reddit stock has plunged 23% since earnings, as Google Search traffic and regulatory scrutiny weigh on the social media platform. CEO Steve Huffman and his trust sold $70.5 million worth of shares this week.
Published on: February 21, 2025, 10:03 PM UTC
Consumer sentiment dimmed in February with inflation expectations jumping to 4.3% from 3.3%, and long-run expectations reaching the highest in 28 years. Consumers anticipate price increases due to concerns over tariffs and trade policies.
Published on: February 21, 2025, 06:02 PM UTC
Holcim introduces Amrize, its North American building materials company planned for a public listing in 2025. Amrize aims to drive innovation and growth in the construction industry.
Published on: February 21, 2025, 02:05 PM UTC
US Justice Department begins investigating UnitedHealth over Medicare billing practices
Published on: February 21, 2025, 01:00 PM UTC
Natural gas is leading energy stocks higher, with the S&P 500 Energy ETF (XLE) up more than 7% year to date. Plains All American Pipeline (PAA), Baker Hughes (BKR), and MPLX (MPLX) are among the top performers, while ExxonMobil (XOM) and Chevron (CVX) have also seen gains. Investors are rotating into the sector on expectations of increased stock buybacks and dividends.
Published on: February 21, 2025, 12:02 AM UTC
Comfort Systems reports $145.9 M Q4 net income, up from $123.5 M in Q4 2021; revenue of $1.87 B. Full-year net income of $522.4 M, up from $417.7 M in 2021; revenue was $7.03 B.
Published on: February 20, 2025, 11:06 PM UTC
Gold surges to record high amid geopolitical risks, trade war fears, and US gold verification plans. Market experts predict further gains as central bank demand and speculative positioning drive prices towards $3,300 by year-end.
Published on: February 20, 2025, 09:02 PM UTC
Integer Holdings Corp. (ITGR) reported fourth-quarter profit of $32.7 million, or 90 cents per share, missing Wall Street expectations. Revenue was $449.5 million, exceeding forecasts.
Published on: February 20, 2025, 02:06 PM UTC
European banks' rally extends as share buybacks fuel momentum, with Societe Generale and Banco de Sabadell leading gains. Consolidation, resilient economy, and falling interest rates support bullish trend.
Published on: February 20, 2025, 11:04 AM UTC
Iron ore futures surged as robust steel consumption data fueled optimism and drove short covering. Investors anticipate increased demand for iron ore, providing relief to major producers amid a challenging property market in China.
Published on: February 20, 2025, 09:00 AM UTC