Posts with tag: news
Apple Q1 earnings beat EPS and revenue estimates but miss on iPhone sales. Greater China revenue also falls short. Shares initially rose 3% in pre-market trading.
Published on: January 31, 2025, 12:01 PM UTC
Yen strengthens with BOJ rate hike expectations; Peso and loonie under pressure ahead of Trump tariffs
Published on: January 31, 2025, 02:00 AM UTC
Olin Corp. (OLN) reported fourth-quarter profit of $10.7 million, or 9 cents per share, topping Wall Street expectations. Revenue was $1.67 billion, also surpassing forecasts.
Published on: January 30, 2025, 11:05 PM UTC
Starbucks faces pricing pressure as consumers perceive coffee costs too high, JP Morgan analysis shows. CEO Brian Niccol aims to improve value perception and drive turnaround, but challenges remain.
Published on: January 30, 2025, 03:06 PM UTC
OneWater Marine Inc. (ONEW) reports a smaller-than-expected loss in its fiscal first quarter, driven by higher-than-anticipated revenues.
Published on: January 30, 2025, 01:10 PM UTC
President Trump criticizes Federal Reserve for not controlling inflation, vows to address it through energy production, regulation cuts, and trade rebalancing.
Published on: January 30, 2025, 07:02 AM UTC
Microsoft's Azure cloud revenue growth slows to 31% as the company ramps up AI investments. Despite strong demand, data center capacity constraints impact sales. AI revenue reaches $13 billion annualized run rate, but monetization efforts take longer than expected.
Published on: January 29, 2025, 11:09 PM UTC
Federal funding freeze disrupts vital government services, from healthcare to housing and child care, highlighting the government's extensive role in American life. Despite administration's partial reversal, uncertainty remains over essential programs' funding.
Published on: January 29, 2025, 11:01 PM UTC
Apple's First Quarter Earnings: iPhone Sales and AI Innovation in Focus
Published on: January 29, 2025, 10:03 PM UTC
Stocks dropped on Wednesday, led by tech companies, after the Federal Reserve left interest rates unchanged and removed a reference to progress against inflation. Nasdaq led the decline, with Nvidia pressured by concerns over chip exports to China. Meta and Microsoft stocks declined after earnings results. Tesla rose in after-hours trading despite missing earnings estimates. Fed Chair Powell downplayed a change in language in the Fed's statement on inflation, stating it was "language cleanup" rather than a signal. IBM and Big Tech earnings will be released after the bell.
Published on: January 29, 2025, 10:02 PM UTC