Posts with tag: international affairs
Yelp (NYSE: YELP) reported strong Q4 results, beating analysts' revenue expectations. Revenue grew 5.7% year-over-year to $362 million, driven by growth in the Advertising segment. The company also reported better-than-expected EPS of $0.62, a 17.9% beat. For the full year, Yelp expects revenue of $1.48 billion, in line with analysts' estimates. Management's revenue guidance for the upcoming financial year 2025 is $1.48 billion at the midpoint, implying 4.6% growth. Adjusted EBITDA guidance for the upcoming financial year 2025 is $352.5 million at the midpoint, below analyst estimates of $362.9 million.
Published on: February 13, 2025, 10:04 PM UTC
Mortgage rates remain high, and consumers are losing hope that they will fall anytime soon. Fannie Mae's latest survey shows that only 35% of respondents expect rates to drop in the next 12 months, down from 42% in December. The share of consumers who think rates will rise jumped to 32%, from 25%.
Published on: February 07, 2025, 07:02 PM UTC
AI spending shows no signs of slowing down as Alphabet plans to invest $75 billion in capital expenditure in 2025, defying concerns raised by the emergence of China's DeepSeek. Despite Nvidia's initial stock sell-off, analysts remain bullish on the company and the AI chip sector overall.
Published on: February 05, 2025, 07:02 PM UTC
Five Point Holdings LLC reports $46.5 million profit in its fourth quarter, with revenue of $159.8 million.
Published on: January 23, 2025, 10:08 PM UTC
Singapore's central bank may loosen monetary policy this week amid easing inflation and strong economic growth, but some analysts expect it to remain unchanged.
Published on: January 21, 2025, 07:00 AM UTC
Trump's first day back in office was one without major action on tariffs, but he made clear that historic new duties are coming. He suggested 25% tariffs on Mexico and Canada could happen on February 1st, and that blanket tariffs remain on the table for other countries. He declined to offer details on new tariffs for China, but said that tariffs are on the table. Trump signed an order establishing an 'America First Trade Policy' and directed various figures in his administration to "undertake a review of, and identify, any unfair trade practices by other countries and recommend appropriate actions to remedy such practices."
Published on: January 21, 2025, 03:01 AM UTC