Tag: Machine Learning

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Tariffs' Impact on Oil and Gas Prices Limited in Near Term: Goldman Sachs

New US tariffs on Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, according to Goldman Sachs.

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US Stock Futures Climb After Apple Earnings Boost

US stock futures climbed Friday on solid Apple earnings, braced for an inflation report shaping interest rates and looming tariff deadline with Canada and Mexico.

Apple Sales Dip in China Amidst Headwinds

Apple's China sales and iPhone 16 demand stumble as Trump weighs tariffs The California tech giant's sales in China fell by 11pc from $20.8bn to $18.5bn in the first quarter of its financial year, missing Wall Street estimates by a wide margin. Analysts had expected them to recover.

Comcast Struggles With Broadband Losses, Peacock Stagnation

Comcast stock fell over 10% after reporting a bigger-than-expected drop in broadband customers and stagnant Peacock subscriber growth. The company announced strategic changes to focus on its strengths amid competitive challenges.

Norway's Wealth Fund Stays Committed to Renewables Despite Setbacks

Norway's $1.8 trillion wealth fund remains committed to investing in renewable energy assets, both listed and private, despite recent market setbacks.

Parker-Hannifin's Q2 profit beats estimates, revenue misses

Parker-Hannifin Corp. reports $948.5 million in profit for fiscal second quarter; earnings beat estimates, revenue misses.

Flagstar Financial Reports Q4 Loss of $160 Million

Flagstar Financial reports a fourth-quarter loss of $160 million, or 41 cents per share. Adjusted for one-time items, the loss was 34 cents per share, beating analysts' expectations of a loss of 50 cents per share. Revenue was $1.52 billion, with net revenue of $625 million, both exceeding analysts' forecasts. For the year, the company reported a profit of $1.09 billion, or $3.40 per share, on revenue of $2.55 billion.

Tesla Q4 Earnings Miss Estimates, Revenue Falls Short

Tesla Reports Q4 Earnings: Misses Expectations with $2.32 Billion Profit