Posts with tag: history
Major homebuilders face challenges in the spring season due to a potential trade war and high mortgage rates. DR Horton reports a decline in orders, Toll Brothers lowers guidance. Rising land prices, competition, and tariff concerns add to industry uncertainties.
Published on: February 22, 2025, 01:00 PM UTC
Trump's 25% steel tariffs threaten to further inflate construction costs and raise rents for apartments and condos, especially high-rise buildings. Developers may delay projects or seek exemptions as the US faces a housing shortage.
Published on: February 22, 2025, 10:00 AM UTC
Coinbase's case with the SEC was dismissed, boosting shares by 3%. Coinbase claimed the win on social media, but the SEC has not confirmed the decision.
Published on: February 21, 2025, 03:01 PM UTC
Resideo Q4 2024 results beat revenue estimates, with sales up 20.9% year-on-year to $1.86 billion. The company's non-GAAP profit of $0.59 per share was also 6.3% above consensus estimates. Despite this, the stock traded down 2.2% after reporting due to concerns over its full-year EBITDA guidance.
Published on: February 20, 2025, 11:06 PM UTC
Altair Engineering Inc. (ALTR) reported Q4 EPS of $0.01, versus the Zacks Consensus Estimate of $0.53. Revenue came in at $192.6 million, exceeding the consensus of $177.7 million.
Published on: February 20, 2025, 10:07 PM UTC
Delta Air Lines to pay each passenger on crash-landed flight $30,000
Published on: February 20, 2025, 05:01 PM UTC
US stocks poised for modest decline amid trade tariff concerns; gold hits all-time high as geopolitical tensions escalate.
Published on: February 20, 2025, 01:05 PM UTC
Eastern European assets rally halted as Trump comments shatter hopes for Ukraine peace deal
Published on: February 20, 2025, 12:04 PM UTC
U.S. stock futures slip as investors digest Fed minutes and await earnings results.
Published on: February 20, 2025, 12:01 PM UTC
President Trump proposes 20% of federal cost-cutting savings be returned to taxpayers, with another 20% going to national debt reduction. Critics question authority and effectiveness of Trump's cost-cutting effort, while Trump and Musk claim it's necessary due to $29 trillion debt load. Trump also discusses tariffs, crypto, and Saudi investments at Future Investment Initiative Institute summit in Miami.
Published on: February 20, 2025, 01:00 AM UTC