Tag: nature

The S&P 500 hit a record high last week as inflation readings signaled the Federal Reserve's likelihood to cut rates. Alibaba, Walmart, and 46 other S&P 500 companies release quarterly earnings in the upcoming holiday-shortened week. Minutes from the Fed's January meeting and economic data updates will also be in focus.

Published on: February 17, 2025, 02:03 PM UTC

Penumbra (PEN) reports Q4 earnings tomorrow. Analysts expect revenue to grow 9.5% YoY to $311.7 million, with adjusted EPS of $0.89. Read our full analysis for insights and predictions.

Published on: February 17, 2025, 02:01 PM UTC

Even with economic headwinds like rising inflation and tariffs, the long-term outlook for the stock market remains positive due to expected earnings growth. Positive demand, a growing economy, and supportive actions by the Federal Reserve contribute to this favorable outlook. While sentiment is low, hard economic data shows ongoing growth. Companies' cost structure adjustments and investments in technology are resulting in robust earnings growth. Despite risks and potential volatility, the long-term trend of the stock market is expected to remain upward.

Published on: February 17, 2025, 12:01 PM UTC

Westpac, Australia's third-biggest lender, posted a 13% rise in first-quarter net profit to A$1.7 billion on the back of growth in customer deposits and housing and business loan volumes.

Published on: February 16, 2025, 09:00 PM UTC

UK inflation probably hit a 10-month high in January, driven by increased school fees and a reversal of factors that had lowered inflation in December. The figures support concerns among Bank of England policymakers that the inflation outlook is worsening, with consumer price growth expected to peak at 3.7% later this year.

Published on: February 16, 2025, 07:00 AM UTC

Big companies are moving out of the state of Delaware due to frustrations with the Chancery Court. In recent years, companies like Tesla, Dropbox, and Meta have moved their incorporations to other states, citing concerns over fairness and predictability in the Delaware court system.

Published on: February 15, 2025, 05:00 PM UTC

Uber sues DoorDash, alleging anti-competitive practices that drive up costs for restaurants and customers.

Published on: February 15, 2025, 04:00 PM UTC

Government-backed home loans are increasingly falling behind on payments, potentially signaling financial struggles for lower-income Americans. Delinquency rates on FHA and VA loans have surpassed pre-pandemic levels, highlighting the economic pressures faced by these borrowers amidst high home prices, inflation, and rising interest rates. Despite gradual increases in conventional mortgage delinquencies, they remain below pre-pandemic lows. Experts anticipate a potential rise in delinquencies outside the FHA sector, reflecting the vulnerability of lower-income households. Higher-income consumers are also facing the impact of inflation, with growing delinquencies observed in this group. However, current delinquency rates remain lower than during the 2008 financial crisis and the pandemic lockdowns, suggesting a stronger overall financial position among homeowners.

Published on: February 15, 2025, 02:00 PM UTC

Investors should be wary of a complacent market and emerging risks, such as a trade war, government spending deficit, and China's real estate crisis. Despite near-record S&P 500 levels, the "wall of worry" includes potential triggers like bond yield spikes, valuations concerns, and technical sell signals.

Published on: February 15, 2025, 03:00 AM UTC

Meta Platforms Soars, Extending Record Winning Streak to 20 Days, Up 25.8% YTD

Published on: February 14, 2025, 11:01 PM UTC