Tag: opinion

Posts with tag: opinion

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Reddit's Stock Plummets After Earnings Report

Reddit stock has plunged 23% since earnings, as Google Search traffic and regulatory scrutiny weigh on the social media platform. CEO Steve Huffman and his trust sold $70.5 million worth of shares this week.

Top Miner Rio Backs Emissions Cuts, Says Greener Can Be Profitable

Rio Tinto, the world's second-largest mining company, supports corporate efforts to curb emissions, believing that pursuing green targets can add value.

Innovative Industrial Properties Reports Q4 Earnings

Innovative Industrial Properties, Inc. (IIPR) reported funds from operations of $63.4 million in its fourth quarter, or $2.22 per share. For the year, the company reported funds from operations of $256.1 million.

Amplats Declares R15.7 Billion Payout Ahead of Anglo American Exit

Anglo American Platinum Declares Extra Cash Payout Before Anglo American Exit

Apple's iPhone SE: cautious optimism amidst AI partnership with Alibaba

Apple reportedly plans to launch the new iPhone SE next week and partner with Alibaba to roll out Apple Intelligence in China, despite skepticism from some analysts who question the impact of the AI offering and the potential challenges in the Chinese market.

Zimmer Biomet Q4 Profit Beats Estimates

Zimmer Biomet (ZBH) reports Q4 EPS of $2.31, beats estimates by $0.01. Revenue of $2.02B exceeds consensus of $2.01B.

Asian Gold Flows to U.S. on Arbitrage Rush

Global gold banks ship gold from Asia to the US amid high premiums on Comex futures over spot prices, creating an arbitrage opportunity.

US Factory Activity Expands in January as Orders Rise

US factory activity expanded for the first time since 2022, with orders and production increasing, suggesting a brighter manufacturing outlook despite tariff threats.

US Takes First Antitrust Action Under Trump to Block Juniper Deal

The US Justice Department is suing to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks, citing concerns that the deal would harm competition in the market for enterprise wireless equipment.

Google Maps to Rename Gulf of Mexico to 'Gulf of America'

Google Maps to Rename Gulf of Mexico and Denali Mountain Per Trump Order