Tag: learning

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Germany's Private Sector Activity Stabilizes as Services Growth Offsets Manufacturing Decline

Germany's private sector activity stabilizes in January, ending a six-month contraction driven by services growth offsetting a manufacturing decline.

Boeing Reports Large Operating Cash Flow Loss in Q4

Boeing (BA) reports preliminary Q4 results, estimates $3.5B operating cash flow loss due to IAM work stoppage, workforce reductions, and defense business changes. Revenue of $15.2B expected vs. $16.76B consensus. BA shares down 1% after hours.

Yen Strengthens as BOJ Hikes Rates for First Time in Months

Bank of Japan's interest rate hike strengthens yen and raises bond yields, signaling faster inflation expectations.

Trump Scraps Biden's $2 Generic Drug List Effort

President Trump reversed a Biden administration executive order aimed at lowering prescription drug prices, scrapping a plan to offer generic drugs to Medicare patients for $2.

Trump Accuses US Banks of De-Banking Conservatives

Trump confronts banks over claims they're 'de-banking' conservatives amid GOP takeover of Washington. Bank of America and JPMorgan deny allegations.

Trump Scraps Biden's $2 Generic Drug Plan for Medicare

President Trump reversed a Biden administration executive order to lower drug prices, including a plan to provide generic drugs for $2 to Medicare patients.

Wall Street Closes Higher, S&P 500 Hits Record as Investors Digest Trump's Davos Remarks

US stocks closed higher on Thursday, with the S&P 500 closing at a fresh record as investors digested remarks from President Donald Trump at the World Economic Forum in Davos. The S&P 500 gained 0.53%, the Dow Jones Industrial Average rose 0.92%, and the Nasdaq Composite finished 0.22% higher. Trump said he will "demand that interest rates drop immediately" and that he will ask OPEC to bring down the price of oil.

Dr. Doom Sounds Alarm on Humanoid Robots at World Economic Forum

Dr. Doom warns of potential job loss and inflation as humanoid robots and tariffs loom large at the World Economic Forum in Davos.

Indian Software Firm Mphasis Posts Strong Q3 Earnings

Indian software services company Mphasis posts a profit surge in third-quarter earnings, supported by strong performance in its banking segment and technology, media, and telecom sectors.

Big Tech Earnings Season: AI Revenue, Trump Factor, and TikTok's Fate

Big Tech's earnings season kicks off next week with AAPL, META, and MSFT reporting. Expect updates on AI revenue and spending, the impact of the Trump administration, and the fate of TikTok.