Tag: inspiration

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Trump Tariffs: Inflationary Pain at a Time of Unprecedented Price Sensitivity

A 10% increase in the cost of purchases that account for less than 2% of GDP shouldn't disrupt the US economy. However, President Donald Trump's tariff "pain" is imposed on American consumers during a period of extreme price hike sensitivity. Trump's first tariff action was a new 10% tariff on Chinese imports.

Analysts Sour on Alphabet After Cloud Miss, Big Capex

Google parent, Alphabet, disappoints in latest earnings as cloud services underperform; analysts weigh in on the concerns and lowered estimates after the stock tanks in pre-market trading.

Trump Tariffs: Inflation Fatigue Could Derail US Economy

A 10% tariff on imports will cost American consumers $45 billion, adding to inflation fatigue and making them more likely to forego purchases. Trump's tariff policies are fueling concerns about reflation and raising costs for families by up to $2,600 per year.

Jobless Rate Climbs to Four-Year High in New Zealand

New Zealand's unemployment rate reaches four-year high of 5.1% in Q4 2023, driven by a sharp recession, but modest recovery is expected with interest rate cuts and slowing wage inflation.

Midwest Refineries Eye Domestic Oil as Canada-US Trade War Looms

Marathon Petroleum is considering switching to domestic oil if a trade war limits access to foreign supply, potentially impacting US refiners' reliance on Canadian crude.

AZEK Q1 Earnings Top Estimates on Strong Revenue

AZEK Q1 earnings top estimates, revenue also beats; raises full-year guidance

Enova International Inc. (ENVA) Q4 Earnings Beat Estimates

Enova International (ENVA) reported Q4 EPS of $2.30, $0.28 above the Zacks Consensus Estimate. Revenue came in at $729.6 million, versus the consensus of $714 million.

Waffle House Adds 50-Cent Egg Surcharge Amid Bird Flu Outbreak

Waffle House adds 50-cent surcharge for eggs due to bird flu-driven price increases.

Salesforce Cuts Jobs as It Ramps Up Hiring for AI Products

Salesforce cuts jobs to boost productivity amid AI hiring spree

Hubbell Q4 Earnings Top Estimates, Revenue Misses

Hubbell Inc. (HUBB) reported Q4 earnings of $197 million, or $3.64 per share, topping analysts' expectations of $4.02 per share. Revenue of $1.33 billion missed estimates of $1.4 billion. For the year, Hubbell reported earnings of $777.8 million, or $14.37 per share, on revenue of $5.63 billion. The company expects full-year earnings in the range of $17.35 to $17.85 per share.