Tag: object-oriented

Posts with tag: object-oriented

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Walmart's Tariff Fears Offset Profit Beat

Walmart's stock falls over 6% on conservative guidance amid tariff concerns. The company says it's not immune to tariffs but will work with suppliers to keep prices low. Walmart imports two-thirds of its products from the US, giving it lower exposure to tariffs than other companies. However, analysts say tariffs could reverse deflation in general merchandise and hurt Walmart's business in Mexico.

Trump gives more focus to reciprocal tariffs

President Trump's trade policy now emphasizes reciprocal tariffs rather than universal tariffs. Studies of unfair trade practices will begin, and negotiations with potentially impacted nations will commence. The focus on reciprocity is seen as a potential shift in strategy, with selective tariffs possibly limiting consumer impacts but creating political challenges. Non-tariff measures are also being considered.

US Stock Futures Edge Higher Ahead of Inflation Report

US Stock Futures Flat Ahead of January Inflation Report, Reddit Earnings

SEC seeks court stay in lawsuit over climate change disclosure rule

The SEC is asking a court to pause proceedings in a lawsuit over a climate disclosure rule passed by the previous chair and swiftly stayed amid controversy.

BP's new strategy under scrutiny as activist investor takes stake

BP's share price has fallen 9.3% over the last 12 months, leaving it vulnerable to a takeover bid. The oil giant is set to announce its new strategy on February 26th.

US Jobs Data in Focus as Markets Await Direction

European and U.S. stock futures edged lower in muted trade as investors await U.S. jobs data that could influence interest rate expectations. Asian stocks gained, led by mainland China, while the Hang Seng Tech Index neared a technical bull market.

Factory Orders Fall in December Due to Aircraft Decline

New orders for U.S.-manufactured goods fell 0.9% in December, led by a decline in civilian aircraft orders. Despite the drop, demand elsewhere remained firm, and factory orders were unchanged year-on-year.

Revvity reports Q4 earnings, beats estimates

Revvity (RVTY) surpasses Wall Street earnings expectations in Q4 with a net income of $94.6 million ($1.42 adjusted) on revenue of $729.4 million. Despite falling short of revenue forecasts, the company remains optimistic with projected full-year earnings in the range of $4.90 to $5 per share and revenue between $2.8 billion and $2.85 billion.

Viavi Solutions Q2 Earnings Surpass Estimates

Viavi Solutions Inc. (VIAV) reported a fiscal second-quarter profit of $9.1 million, or 4 cents per share. Adjusted earnings were 13 cents per share, exceeding Wall Street expectations. Revenue was $270.8 million, also topping forecasts.

Vale CEO Meets Brazil's Lula, Touts Convergence on Development

Vale CEO discusses alignment with Brazil's development agenda in meeting with President Lula da Silva