Tag: programming

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GM Profit Jumps 11% Despite EV Challenges

General Motors earnings beat estimates, boosted by strong EV sales and China operations; however, the automaker faces future challenges from potential government regulations.

S&P 500 Slumps on AI Model Fears, Challenging Big Tech Dominance

Chinese AI model challenges Big Tech dominance, sparking sell-off in S&P 500 and Nasdaq Composite. Investors worry about the impact on Nvidia, Broadcom, and US hyperscalers, as AI earnings estimates may not meet expectations.

Starbucks Adds Former Taco Bell Execs in CEO's Ongoing Revamp

Starbucks brings in former Taco Bell executives as part of CEO Brian Niccol's plan to revamp the coffee giant's business, focusing on streamlining operations and elevating the in-store experience.

Tariffs Haunt Auto Sector Stocks Amid Lingering Trade Tensions

GM CEO Mary Barra discusses tariffs with President Trump, emphasizing the need for a strong manufacturing sector. Despite tariffs casting a shadow over auto stocks, GM remains optimistic about its 2025 earnings guidance and assumes a stable policy environment.

Microsoft Q2 Earnings: AI Investments Under Scrutiny Amid DeepSeek Challenge

Microsoft earnings report looms as Wall Street digests DeepSeek's AI impact and Big Tech's infrastructure race. Analysts expect revenue growth driven by Cloud and Azure segments, but focus remains on AI profitability and justification for heavy infrastructure investments.

JetBlue Shares Dive on Cost Concerns, Outlook Cut

JetBlue shares plunge 24% on cost concerns, projects 2025 revenue growth

Tesla Q4 Earnings: Production Woes, Trump Effect and EV Competition in Focus

Tesla's Q4 Earnings Preview: Revenue, EPS Estimates, Delivery Data, and Analyst Expectations.

Dollar Gains Extend on Trump Tariff Hawks

The dollar extended gains after President Trump favored "much bigger" tariffs than previously suggested, sparking trade war concerns and boosting the currency's haven status.

Understanding the Prime Rate: What It Is, How It Works, and How It Affects You

The prime rate is the interest rate banks charge their best customers, and it influences interest rates on loans, mortgages, and more. Learn more about what the prime rate is, where it comes from, and how it affects your wallet.

Gunvor Crude Trading Head Benoit Roulon Departs

Benoit Roulon, Gunvor's global head of crude oil trading, has left the company after just two years in the role, joining a spate of departures from the Geneva-based energy trading house.