Tag: marketing

Ahead of Nvidia's earnings, Wall Street analysts remain bullish, citing strong AI infrastructure demand and Nvidia's competitive edge in the market.

Published on: February 20, 2025, 02:01 PM UTC

Garrett Motion reports Q4 profit of $100 million, revenue of $844 million; expects full-year revenue of $3.3-3.5 billion.

Published on: February 20, 2025, 01:10 PM UTC

U.S. stock futures fall on Thursday, as investors digest the latest sign the Federal Reserve is unlikely to cut rates anytime soon.

Published on: February 20, 2025, 01:02 PM UTC

LKQ Corp. reports Q4 profit of $156 million, beating estimates; revenue misses expectations. For the year, the company reports profit of $690 million, or $2.62 per share, on revenue of $14.36 billion. LKQ expects full-year earnings in the range of $3.40 to $3.70 per share.

Published on: February 20, 2025, 12:07 PM UTC

Atlanta Fed President Raphael Bostic says interest rate cuts are still possible in 2023, while acknowledging inflation concerns and the impact of Trump administration policies on the economy.

Published on: February 20, 2025, 12:02 PM UTC

Short sellers have lost $73 billion in US and Canadian markets in 2025 due to a surge in stock prices. Super Micro Computer (SMCI) is the top performer in the S&P 500, up 110% this year and triggering a short squeeze. Short squeezes occur when investors betting against a stock are forced to buy it to cover their positions, driving up prices. Hims & Hers Health (HIMS), Oklo (OKLO), and BigBear.ai (BBAI) are other stocks that have seen significant gains due to short squeezes.

Published on: February 20, 2025, 11:03 AM UTC

The Bank of England's vast underground vaults hold $500 billion in gold, which has seen a recent surge in demand due to speculation of Trump tariffs. Traders have been seizing on an arbitrage opportunity by buying spot gold in London and selling futures in the US, leading to a record outflow of gold from the Bank's vaults. The logistical challenges and physical demands of moving this amount of gold have put a strain on the global gold market, with refineries and logistics companies working overtime. Despite the challenges, traders are betting on a return flight of gold to markets overseas, as the arbitrage opportunity closes.

Published on: February 20, 2025, 10:00 AM UTC

Palantir stock (PLTR) has slumped by 10% on news of the Trump administration planning budget cuts for the Pentagon. The cuts could affect Palantir, which makes AI software for surveillance used by the US government.

Published on: February 20, 2025, 04:01 AM UTC

US Future MarketSlumps, S&P 500 HitsRecord High, Fed MinutesShow Pause in Rate Cuts, Defense Cuts Affect Palantir, Walmart Earnings Preview

Published on: February 20, 2025, 02:01 AM UTC

Cheesecake Factory Q4 earnings beat expectations with revenue of $921 million and earnings of $1.04 per share.

Published on: February 19, 2025, 10:10 PM UTC