Posts with tag: productivity
General Motors reported strong fourth-quarter 2024 results and a 2025 earnings forecast, exceeding expectations. The automaker sees continued demand for its gas-powered trucks and SUVs, while projecting narrowing EV losses, China business improvements, and Cruise savings. GM's fourth-quarter revenue of $47.7 billion and EPS of $1.92 surpassed analyst estimates.
Published on: January 28, 2025, 12:05 PM UTC
Despite a lower start due to AI trade concerns, the S&P 500 shows resilience with gains in healthcare, consumer staples, and telecommunications sectors. Big Tech's AI spending concerns weigh on stocks, with information technology and energy sectors witnessing declines.
Published on: January 27, 2025, 04:04 PM UTC
Goldman Sachs Hires Stefan Duffner to Lead EMEA Activism and Shareholder Advisory
Published on: January 27, 2025, 04:00 PM UTC
Tesla investors will be looking for updates on the company's lower-priced model when it reports quarterly results on Wednesday. The cheaper car is expected to help the company hit its goal to increase deliveries by up to 30% this year.
Published on: January 27, 2025, 12:05 PM UTC
President Trump's latest executive order aims to make the U.S. a hub for cryptocurrency innovation. The order establishes a working group to develop a regulatory framework for digital assets, including stablecoins and potential government stockpiles.
Published on: January 24, 2025, 10:00 PM UTC
US Manufacturing Outlook Improves with Trump's Policies: PMI Hits 7-Month High
Published on: January 24, 2025, 05:02 PM UTC
NextEra Energy's plans to expand natural gas and nuclear generation to meet rising electricity demand, partnering with GE Vernova and restarting the Duane Arnold plant.
Published on: January 24, 2025, 05:01 PM UTC
Burberry shares surge after posting better-than-expected third-quarter sales, signaling a potential recovery in the luxury sector.
Published on: January 24, 2025, 02:00 PM UTC
Google pledged to crack down on fake online reviews, with tougher punishments for businesses and reviewers who try to profit from them.
Published on: January 24, 2025, 01:04 PM UTC
The S&P 500 set a record high after President-elect Donald Trump called for lower oil prices and interest rates. Stocks rose as Trump said he'd sign an executive order delaying the TikTok ban and would consider talking to the Fed about rates. Investors also await the Federal Reserve's policy meeting next week.
Published on: January 24, 2025, 08:03 AM UTC