Posts with tag: innovation
Birkenstock beats Wall St expectations with a profit of 19 cents per share. Revenue also exceeded forecasts, coming in at $385.9 million.
Published on: February 20, 2025, 11:05 AM UTC
US stock index futures dip as investors seek safety amid trade war threats, geopolitical concerns, and a cautious Federal Reserve. Safe-haven assets like gold and the yen rise, while Treasury yields ease.
Published on: February 20, 2025, 11:00 AM UTC
Investors are looking beyond traditional defense stocks towards industrial companies poised to benefit from increased military spending, including Thyssenkrupp, Iveco Group, and Fincantieri, whose shares have surged recently as defense budgets rise.
Published on: February 20, 2025, 11:00 AM UTC
South Korea will impose tariffs on Chinese steel, steel producers
Published on: February 20, 2025, 10:01 AM UTC
Saudi Arabia's SMC Hospitals, a leading healthcare provider, plans an initial public offering (IPO) in Riyadh, following a wave of healthcare IPOs in the kingdom. The company operates multiple hospitals and clinics and aims to capitalize on the growing healthcare sector in Saudi Arabia. The IPO is part of Vision 2030, promoting healthcare development and economic diversification.
Published on: February 20, 2025, 08:00 AM UTC
US future markets slump on Wednesday as investors reacted to the latest sign the Federal Reserve is unlikely to cut rates anytime soon and digested minutes from its January meeting.
Published on: February 20, 2025, 07:01 AM UTC
US future markets fell as the S&P 500 hit a record high for a second day and investors considered the latest sign the Federal Reserve will not cut rates soon.
Published on: February 20, 2025, 06:01 AM UTC
Airbus forecasts 7% rise in commercial deliveries to 820 jets in 2025, confirms A350 freighter delay, and takes fresh charge for troubled Space business.
Published on: February 20, 2025, 06:00 AM UTC
CVS, PFE, GDRX, LLY, HIMS stocks surge as pharma battle with PBMs heats up in Washington. Amid scrutiny, CVS Health defends its role in reducing drug costs, citing 90% generic prescriptions and $8 average out-of-pocket costs.
Published on: February 20, 2025, 05:01 AM UTC
Lenovo's Q3 revenue surges 20%, driven by global PC recovery and AI demand. The company maintains its position as the largest PC vendor with a 24.5% market share and diversifies into software, services, and AI solutions.
Published on: February 20, 2025, 05:01 AM UTC