Tag: innovation

Posts with tag: innovation

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Capri Holdings Revenue Outlook Falls Short Amid Luxury Goods Slump

Capri Holdings shares fell as the Michael Kors owner forecasts annual revenue below estimates amid slowing luxury demand.

Hapag-Lloyd to Weather U.S. Tariffs on China, Says CEO

Hapag-Lloyd, the fifth-largest container company, says it can handle US tariffs on Chinese products and expects shipping volumes to grow in 2025.

DeepSeek AI Models Gain Momentum in China, Fueling Industry Growth

Chinese companies embrace DeepSeek AI models, hailing 'watershed moment' for industry

Pfizer CEO on RFK, Vaccines, and the Trump Administration

Pfizer CEO Albert Bourla weighs in on Robert F. Kennedy Jr.'s nomination for HHS secretary, discussing Kennedy's views on vaccines and the potential impact on the pharmaceutical industry.

Chipotle Meets Expectations Despite Headwinds, CEO Scott Boatwright Provides Conservative Guidance

Chipotle meets expectations for its fourth quarter with a 5.4% increase in same-store sales and a 7.4% increase in full-year earnings, despite headwinds such as inclement weather and tough comparisons. The company plans to open 315-345 locations this fiscal year and expects low- to mid-single-digit same-store sales growth in 2025.

OpenAI CEO Meets with India's IT Minister to Discuss AI Ecosystem

OpenAI CEO Meets with India's IT Minister to Discuss Low-Cost AI Ecosystem

Chipotle beats on earnings, posts strong same-store sales growth

Chipotle reported strong fourth quarter and full-year earnings, driven by consistent sales growth and expanding margins. Despite facing headwinds, the company met expectations and is optimistic about the future, with plans for store expansion and new product launches.

Toyota to Establish EV and Battery Facility in Shanghai

Toyota to produce Lexus EVs and batteries in new Shanghai factory

Yuan Plunges, Yen Gains on BOJ Rate Hike Bets Amid Sino-US Trade War

China's yuan sinks, yen jumps amid Sino-U.S. trade war fears; Japan inflation data boosts yen on BOJ rate hike bets.

US stocks gain as Big Tech shines, investors eye China retaliation to Trump's tariffs

Stock Market News: US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's retaliation to US tariffs and potential trade war risks. Job openings declined more than expected in December, indicating a stabilizing labor market. Alphabet, Snap, and AMD reported mixed earnings results after the bell.