Tag: lifestyle

Meta reports Q4 earnings that beat expectations but forecasts slower revenue growth in the current quarter and higher expenses in 2025, leading to an initial stock drop followed by a slight gain.

Published on: January 29, 2025, 10:04 PM UTC

United Rentals (URI) tops Q4 revenue estimates with $4.10 billion in sales, exceeding analyst expectations by 9.8%. The equipment rental company's adjusted EPS of $11.59 aligns with consensus estimates, while EBITDA of $1.9 billion narrowly beats forecasts. Despite strong revenue growth, United Rentals faces challenges as its operating margin declined to 26.5% and its full-year EBITDA guidance slightly misses expectations. Read our full research report to determine if URI is a compelling investment opportunity.

Published on: January 29, 2025, 10:01 PM UTC

DeepSeek, a Chinese AI company, faces scrutiny from Italy's data protection watchdog over its handling of user data, including data of Irish citizens. Euroconsumers has filed a complaint, citing concerns about GDPR compliance. The Italian and Irish data protection authorities have sent letters requesting information on data processing practices and legal basis. DeepSeek's mobile app has been removed from app stores in Italy, but its website remains accessible.

Published on: January 29, 2025, 09:03 PM UTC

Fed Chair Powell says the central bank is in no rush to lower interest rates, waiting to see further progress on inflation following a string of rate reductions last year.

Published on: January 29, 2025, 09:00 PM UTC

Milan mayor backs Mediobanca against MPS in political takeover battle

Published on: January 29, 2025, 07:04 PM UTC

Meme coins inspired by Trump and Melania draw skepticism from investors, including famed short seller Carson Block, who warns of the lack of intrinsic value and the dangers of shorting speculative assets like these.

Published on: January 29, 2025, 06:02 PM UTC

Meta to report Q4 earnings; analysts expect strong showing on AI spend

Published on: January 29, 2025, 12:03 PM UTC

Investors fear a cheaper AI model from China could hurt earnings for US tech giants, such as Nvidia and Broadcom, and challenge the dominance of US hyperscalers in AI. This has sparked a sell-off in the S&P 500 and Nasdaq Composite, indicating a potential shift in market leadership away from Big Tech towards broader stock market returns in the future.

Published on: January 28, 2025, 10:03 PM UTC

GM posted revenue of $47.70 billion in Q4, with EPS of $1.92. Full-year profit came in at the high end of its range, but challenges remain due to potential new White House regulations and the loss of federal EV tax credits.

Published on: January 28, 2025, 07:03 PM UTC

The latest in Pres. Trump's trade policy as he moves toward imposing tariffs on Canada, Mexico, and China on Feb. 1st. Also, how business leaders are reacting.

Published on: January 28, 2025, 07:01 PM UTC