Tag: learning

Super Micro Computer (SMCI) stock seesawed on delayed SEC filings, missing earnings estimates, and legal controversies, including a DOJ probe and delisting risk.

Published on: February 12, 2025, 06:01 AM UTC

Rising climate disasters and insurance industry turmoil could make it harder to get a mortgage in certain parts of the country in the coming decades, warns Federal Reserve Chair Jerome Powell.

Published on: February 12, 2025, 12:03 AM UTC

Multi-manager hedge funds' growth poses financial stability risks as correlated activity and aggressive risk management could lead to a rush for exits during market shocks.

Published on: February 12, 2025, 12:00 AM UTC

Lyft missed Q4 revenue estimates, with revenue up 26.6% YoY to $1.55B. Despite beating EPS estimates, its EBITDA guidance for Q1 CY2025 fell short of expectations. Active riders rose 10% annually to 24.7 million, and ARPU grew 14.8% YoY to $62.77. Lyft's long-term revenue growth remains impressive at 21.7% annually over the past three years. Get our full research report for an in-depth analysis of Lyft's performance and investment potential.

Published on: February 11, 2025, 10:04 PM UTC

BP pivots away from renewables, refocuses on fossil fuels; CEO Auchincloss says it's 'a new direction for BP' amidst pressure from Elliott Management.

Published on: February 11, 2025, 08:04 PM UTC

Tesla stock tumbles 28% since December record high; analysts see further downside as demand and competition concerns mount.

Published on: February 11, 2025, 08:03 PM UTC

US stock markets saw mixed trading activity on Tuesday as investors assessed shifting tariff policies by President Trump and anticipated upcoming inflation data. Traders also digested the start of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress, where he reiterated the Fed's stance on not commenting on trade policy and their slow approach to interest rate adjustments. US stocks overall showed mixed performance, with the Dow Jones Industrial Average edging slightly higher while the tech-heavy Nasdaq Composite declined. The tone remained cautious as investors awaited Trump's announcement of universal tariffs, while inflation concerns persisted ahead of the release of the Consumer Price Index and its wholesale counterpart this week.

Published on: February 11, 2025, 08:01 PM UTC

IMCO writes down its $400 million investment in Northvolt, the electric vehicle battery maker that filed for bankruptcy protection last year.

Published on: February 11, 2025, 06:04 PM UTC

Oil gains on signs US sanctions hinder Russian crude supplies, with WTI rising to nearly $73 a barrel as sanctions impact Russian output and Chinese refiners seek Russian crude at larger discounts.

Published on: February 11, 2025, 04:04 PM UTC

Trump's new tariffs on steel and aluminum may boost investor confidence, but history suggests they won't reverse decades-long declines in domestic industry.

Published on: February 11, 2025, 03:04 PM UTC