Posts with tag: imagination
Indian refiners are reconfiguring supply chains to continue importing discounted Russian crude despite US sanctions, working with merchants, shippers, and middlemen to replace sanctioned entities and vessels.
Published on: February 12, 2025, 02:04 PM UTC
OPEC forecasts robust global oil demand growth of 1.45 million barrels per day in 2025, supported by air and road travel, despite uncertainty from US trade policy.
Published on: February 12, 2025, 02:00 PM UTC
Avis Budget Group reports a fourth-quarter loss of $1.96 billion, despite beating Wall Street expectations. The car rental company reported revenue of $2.71 billion, falling short of Street forecasts.
Published on: February 11, 2025, 10:06 PM UTC
Big Tech companies' hefty AI spending — a collective $325 billion — is driving the stock market's AI trade. Tracking these investment plans offers a tangible way to monitor AI's impact on the market.
Published on: February 11, 2025, 04:03 PM UTC
Baidu CEO Robin Li highlights ongoing need for data center and cloud infrastructure investment, despite DeepSeek's efficient AI language models.
Published on: February 11, 2025, 08:00 AM UTC
Morgan Stanley sells $3 billion in loans for X Corp. to repay a loan from Elon Musk's 2022 purchase of a social media platform.
Published on: February 10, 2025, 08:01 PM UTC
US President Donald Trump orders Treasury Secretary Scott Bessent to cease production of the penny, citing its high manufacturing cost exceeding its face value.
Published on: February 10, 2025, 04:01 AM UTC
Mortgage rates remain high, and consumers are becoming less optimistic about the housing market. Fannie Mae's latest survey shows that fewer people expect mortgage rates to fall, while more expect them to rise. This is in line with economists' warnings that rates may not fall much this year. Despite the pessimism about mortgage rates, Fannie Mae's overall Home Purchase Sentiment Index rose slightly, as buyers and sellers grew more optimistic about buying and selling conditions and home prices in the next 12 months.
Published on: February 07, 2025, 05:01 PM UTC
Powell's Q4 revenue exceeds estimates, but stock drops. Revenue up 24.4% to $241.4 million, EPS beats by 9.4% to $2.86. Mixed results, with EBITDA missing estimates. Market focuses on negatives, sending stock down 6%. Full analysis available in our research report.
Published on: February 06, 2025, 11:06 PM UTC
Advanced Drainage Systems (WMS) reports Q4 revenue beat estimates of $690.5 million, despite a 9.8% miss in non-GAAP earnings per share of $1.09. Full-year revenue guidance remains at $2.94 billion, in line with analysts' estimates. Assess the company's financial performance, long-term growth prospects, and investment potential in our comprehensive research report.
Published on: February 06, 2025, 01:04 PM UTC