Posts with tag: news
Airbnb (ABNB) stock surged 14% after CEO Chesky unveiled plans to expand the app beyond vacation rentals, adding new businesses adjacent to travel.
Published on: February 14, 2025, 11:01 PM UTC
Billionaire investor William Ackman made notable changes to his portfolio during Q4, increasing his stake in Nike by 15% and reducing his investment in Chipotle Mexican Grill by 14%.
Published on: February 14, 2025, 11:00 PM UTC
Linda McMahon, nominee for Secretary of Education, pledges to continue the Public Service Loan Forgiveness program, despite criticism from Republicans. The Biden administration has made it easier for borrowers to qualify and has forgiven over 1 million debts. Some advocates worry that the Trump administration could slow the program down again.
Published on: February 14, 2025, 11:02 AM UTC
JPMorgan Chase CEO Jamie Dimon advocates for restructuring financial regulatory agencies, including the CFPB. He highlights concerns over debanking and anti-money laundering rules, calling for a comprehensive review of the regulatory landscape.
Published on: February 13, 2025, 11:01 PM UTC
DraftKings Missed Q4 Revenue Estimates but Beat Earnings; Guidance Raised, Stock Soars
Published on: February 13, 2025, 10:09 PM UTC
New Zealand's manufacturing sector expands for first time in two years, with production and new orders rising.
Published on: February 13, 2025, 10:04 PM UTC
Yelp (NYSE: YELP) reported strong Q4 results, beating analysts' revenue expectations. Revenue grew 5.7% year-over-year to $362 million, driven by growth in the Advertising segment. The company also reported better-than-expected EPS of $0.62, a 17.9% beat. For the full year, Yelp expects revenue of $1.48 billion, in line with analysts' estimates. Management's revenue guidance for the upcoming financial year 2025 is $1.48 billion at the midpoint, implying 4.6% growth. Adjusted EBITDA guidance for the upcoming financial year 2025 is $352.5 million at the midpoint, below analyst estimates of $362.9 million.
Published on: February 13, 2025, 10:04 PM UTC
The United States is treated unfairly by trading partners, leading to a large trade deficit. To address this, the "Fair and Reciprocal Plan" will counter non-reciprocal trading arrangements by determining equivalent reciprocal tariffs and examining non-reciprocal trade relationships with all US trading partners, including tariffs, discriminatory taxes, and other unfair practices.
Published on: February 13, 2025, 09:00 PM UTC
Reddit's shares dropped after missing user growth expectations in Q4, with analysts citing Google algorithm changes impacting search traffic and competition from Meta and Google.
Published on: February 13, 2025, 03:01 PM UTC
RFR Holding Refinances Seagram Building Debt with $1.2 Billion CMBS
Published on: February 13, 2025, 03:00 PM UTC