Posts with tag: nature
The European Union is facing increasing pressure to reduce its ESG reporting requirements, with France set to propose limiting the scope of the regulations. Amid concerns over the burden on businesses and Europe's competitiveness, the bloc is reconsidering its ESG ambitions, with the European Commission assessing options for significant cuts in reporting requirements.
Published on: January 22, 2025, 06:04 PM UTC
US stocks surge, led by tech on Netflix's record earnings and Trump's AI push, despite trade worries.
Published on: January 22, 2025, 05:02 PM UTC
Netflix stock surged to a new all-time high after reporting strong fourth-quarter earnings, with analysts praising the company's subscriber growth, revenue beat, and earnings per share. The streaming giant added a whopping 18.9 million users in the quarter, beating expectations and marking its biggest quarterly subscriber gain ever. Revenue and earnings also handily beat expectations, sending shares up as much as 13.6% in early trading.
Published on: January 22, 2025, 05:01 PM UTC
Johnson & Johnson beats estimates but stock dips on ongoing concerns and foreseen challenges. Sales rise 4.3% to $88.8 billion in 2024, while EPS increases 11% to $5.79. However, the talc lawsuit, foreign exchange impact, and generics for Stelara weigh on growth prospects.
Published on: January 22, 2025, 04:02 PM UTC
Stellantis to invest $1.5 billion in Belvidere, Illinois plant for new mid-size truck production, reversing August delay, after meeting with President Trump.
Published on: January 22, 2025, 04:00 PM UTC
The Trump effect at Davos: Excitement, optimism, and some skepticism
Published on: January 22, 2025, 01:01 PM UTC
The Nasdaq led US stock futures higher on Wednesday as strong earnings from Netflix (NFLX) outweighed fresh tariff threats from President Trump.
Published on: January 22, 2025, 01:01 PM UTC
Johnson & Johnson reports Q4 sales and profit above Wall Street estimates, driven by strong cancer drug sales. The company expects 2025 sales of $90.9-$91.7 billion and earnings of $10.75-$10.95 per share.
Published on: January 22, 2025, 12:04 PM UTC
President Trump says he's open to Oracle or Elon Musk purchasing TikTok as part of a joint venture with the US government.
Published on: January 22, 2025, 05:01 AM UTC
SoftBank Group Corp. teams up with AI heavyweights for a $500 billion project to build data centers and infrastructure in the US for ChatGPT creator.
Published on: January 22, 2025, 05:01 AM UTC