Tag: language learning

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Century Aluminum Swings to Profit in Q4

Century Aluminum Co. (CENX) reports $47.7 million in fourth-quarter net income, with a 47-cent per-share profit on $631 million revenue.

Betting on Yen Against European Currencies to Hedge Dollar Volatility

Investors are using European currencies to bet on the strengthening yen, as uncertainty over Trump's trade tariffs makes dollar-based strategies less appealing.

OpenAI Rejects $97.4B Bid from Musk-Led Consortium

OpenAI rejects Elon Musk's $97.4 billion bid, confirms non-profit status, aiming to ensure AI benefits humanity.

Musk's Department of Government Efficiency: Conservatives Mixed on Early Success

Amidst mixed reviews, the Department of Government Efficiency led by Elon Musk aims to slash federal workforce and programs. Conservative budget experts weigh in on its potential, citing both successes and concerns about targeting specific agencies instead of larger spending areas like defense or entitlement programs. Musk's access to Trump and social media influence are seen as potential drivers for change.

Rivian Opens Up Commercial Van Orders, Expanding EV Market Potential

Rivian opens up orders for its commercial van beyond its initial launch partners, creating a potential lucrative business for the pure-play EV maker.

China's Tech Stocks on the Rise as AI Powerhouse

China's AI advancements and tech innovation are fueling tech stock optimism, boosting the Hang Seng Tech Index and leading to bullish calls from Wall Street brokers.

Ford CEO Jim Farley Warns Trump Administration: Tariffs Will Hurt Auto Industry

Ford CEO warns Trump admin: Tariffs would be devastating to auto industry

Polestar CEO Warns Of Tariff Headwinds, Outlines Growth Strategy

Tariffs impact Polestar, an EV maker owned by Geely. The company feels the pain of China-originated goods tariffs and a 100% EV tariff levied by Biden. Despite these challenges, Polestar plans to expand its US manufacturing footprint and forecasts a 30-35% growth rate.

AbbVie Forecasts 2025 Profit Above Estimates on Strong Immunology Drug Sales

AbbVie forecasts strong profit growth in 2025, driven by the growth of Skyrizi and Rinvoq to offset the decline of Humira. The company expects to generate more than $31 billion from Skyrizi and Rinvoq by 2027.

Mexican Peso Tumbles Amid Renewed Trade Dispute Fears

The Mexican peso falls as investors worry about renewed trade disputes after President Trump's threat to impose tariffs on Colombia.