Posts with tag: imagination
Rivian (RIVN) reported positive Q4 results, achieving gross profit, beating EBITDA loss estimates, and providing 2025 guidance. Despite strong results, RIVN stock dipped in early trading after Q1 delivery expectations fell short.
Published on: February 21, 2025, 10:02 PM UTC
Japan, South Korea, Taiwan, and others may purchase more U.S. gas to secure energy supplies, strengthen US-Asia ties, and reduce reliance on Russia and the Middle East.
Published on: February 21, 2025, 04:00 AM UTC
Mercedes-Benz expects its carmaking margin to drop to as low as 6% this year due to competition and uneven demand. The company plans to reduce production costs by 10% and work with suppliers to lower material expenses. Despite shifting upmarket, weak demand for top-end models in China has weighed on the strategy.
Published on: February 20, 2025, 12:04 PM UTC
Palantir (PLTR) stock plummeted 10% on news of potential Pentagon budget cuts, with AI software company heavily reliant on government contracts.
Published on: February 20, 2025, 02:02 AM UTC
Gas prices are expected to rise in the coming weeks due to refinery maintenance and outages, particularly in California. The national average is currently $3.16 per gallon, up $0.04 from a month ago. The West Coast is expected to see the highest prices, with California already having the most expensive gasoline in the US at $4.85 per gallon.
Published on: February 19, 2025, 07:02 PM UTC
US stocks opened lower Wednesday as investors weighed President Trump's latest 25% tariff salvo and awaited Federal Reserve minutes for insight into future policy. The benchmark S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) each slipped roughly 2% while the Dow Jones Industrial Average (^DJI) fell 0.3%.
Published on: February 19, 2025, 05:03 PM UTC
US stock futures drift higher as S&P 500 hits fresh record high, boosted by AI-driven after-hours trade. Earnings season continues with ETSY and CVNA reports expected Wednesday.
Published on: February 19, 2025, 08:01 AM UTC
New home prices in China remain unchanged in January, despite government efforts. The property sector continues to struggle, with year-on-year prices falling 5.0%.
Published on: February 19, 2025, 02:00 AM UTC
Homebuilders' optimism drops to five-month low amid concerns over tariffs, high mortgage rates, and elevated housing costs, according to the NAHB/ Wells Fargo Housing Market Index.
Published on: February 18, 2025, 06:03 PM UTC
NBA player Evan Turner shares the biggest financial mistake he made: taking out a line of credit before receiving his first paycheck, putting him in massive debt.
Published on: February 18, 2025, 11:02 AM UTC