Tag: poetry

Guardant Health reports a Q4 loss of $111 million, missing estimates but beating revenue expectations, with projections of $850-860 million for the full year.

Published on: February 20, 2025, 10:05 PM UTC

Electric vehicle maker Nikola Corp. files for bankruptcy, listing assets between $500 million and $1 billion and liabilities between $1 billion and $10 billion.

Published on: February 19, 2025, 02:01 PM UTC

Elon Musk may explore the issues affecting Social Security, but fraud is minimal and not the key problem. The challenge lies in the imbalance between younger workers and retirees. Musk could leverage his influence to facilitate Congressional action, but his commission's focus on cost-cutting may be driven by Trump's proposed tax cuts rather than a genuine desire to improve the program. The consequences of disrupting Social Security payments could be dire for Trump's popularity, emphasizing the delicate nature of addressing the program's challenges.

Published on: February 18, 2025, 10:02 PM UTC

US Treasuries stabilized after a turbulent week, with the two-year yield unchanged at 4.29% and the 10-year yield slightly above 4.50%. A potential slowdown in retail sales due to extreme cold could support bonds.

Published on: February 14, 2025, 12:04 PM UTC

French electrical group Legrand does not see U.S. tariffs as a strategic issue and expects the financial impact to be around $30 million.

Published on: February 13, 2025, 07:06 AM UTC

Fed Chair Powell reiterates cautious stance on interest rates, noting strong economy and stubborn inflation. Powell faces questions on monetary policy and Trump administration's economic policies. Fed policymakers plan to move slowly and assess inflation and impact of Trump's policies before adjusting rates.

Published on: February 11, 2025, 08:03 PM UTC

US stocks rebounded on Monday as investors looked beyond President Trump's latest tariff threats. The Dow Jones Industrial Average gained nearly 0.4%, the S&P 500 rose roughly 0.6%, and the Nasdaq Composite popped nearly 1%. Investors weighed Trump's recent pledge to introduce additional 25% tariffs on steel and aluminum from all countries, with the official announcement expected on Monday. The new metals tariffs are likely to benefit US steel companies, whose stock jumped. Shares in Cleveland-Cliffs, Nucor and US Steel all jumped. Aluminum producer Alcoa's stock also gained. On the corporate front, 78 S&P 500 companies are set to report earnings this week.

Published on: February 11, 2025, 02:03 PM UTC

OpenAI CEO Sam Altman declines Elon Musk's $97.4 billion bid for the organization, seeking a higher valuation. Musk and Altman's past conflicts and OpenAI's complex legal and financial landscape are examined.

Published on: February 11, 2025, 02:03 PM UTC

Germany's gas market manager contemplates subsidies to refill storage sites as Europe faces another supply crunch. Learn about the discussions and the possible launch date of the subsidy.

Published on: February 11, 2025, 12:01 PM UTC

Asian stocks and US stock index futures fell, while gold rose as investors reacted cautiously to President Trump's announcement of tariffs on steel and aluminum imports.

Published on: February 11, 2025, 07:00 AM UTC