Posts with tag: programming
The Container Store Emerges From Bankruptcy: Company Now Private, Aims for Profitable Growth
Published on: January 28, 2025, 10:02 PM UTC
The Nasdaq and S&P 500 rebounded on Tuesday after a steep stock sell-off sparked by Chinese startup DeepSeek and the potential impact its cheaper AI model could have on Big Tech. Nvidia surged almost 9%, recovering from a record $589 billion loss in market cap. With Nvidia's gains, the tech-heavy Nasdaq Composite rose by over 2%, while the S&P 500 gained around 0.9%. Notably, the tech sector experienced its biggest two-day reversal in over two years after posting its worst day since March 2020 on Monday.
Published on: January 28, 2025, 10:02 PM UTC
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Published on: January 28, 2025, 10:00 PM UTC
President Trump's trade policy is sending mixed messages, leaving markets and businesses confused about the future of tariffs. With a Feb. 1 deadline looming, Trump's public signals often appear at odds with his own statements, making it difficult to predict the actual implementation of tariffs.
Published on: January 28, 2025, 08:02 PM UTC
The Container Store emerges from bankruptcy with a healthier balance sheet, having secured new financing and reduced debt obligations. Despite stiff competition from Amazon, Walmart, and Target, the home goods retailer remains optimistic about a profitable future.
Published on: January 28, 2025, 08:01 PM UTC
Tesla set to report Q4 and full-year results amidst concerns over sales growth, new model expectations, and CEO Elon Musk's commitment to the company.
Published on: January 28, 2025, 07:01 PM UTC
Smithfield Foods CEO says no further US pork plant closures planned
Published on: January 28, 2025, 07:00 PM UTC
Truckload carrier Heartland Express posts sixth straight net loss but sees improvement in fundamentals in 2025.
Published on: January 28, 2025, 07:00 PM UTC
Oil prices stabilize as Russia tests sanctions effectiveness, countering risks from potential tariffs and easing supply concerns in Libya.
Published on: January 28, 2025, 06:03 PM UTC
Nvidia Stock Recovers After AI Chipmaker's Massive Decline
Published on: January 28, 2025, 06:03 PM UTC