Tag: programming

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Leggett & Platt Q4 profit meets expectations

Leggett & Platt Inc. (LEG) reported fourth-quarter profit of $14.2 million, meeting Wall Street expectations. Revenue exceeded Street forecasts at $1.06 billion. For the year, the company reported a loss of $511.5 million on revenue of $4.38 billion.

Stocks Near Highs, Dollar Slips as Trump Weighs Tariffs

Stocks hit new highs as US considers reciprocal tariffs, dollar weakens

Nissan, Honda Terminate Merger, Leaving Nissan Scrambling for Options

Honda and Nissan's proposed merger is off, with both companies deciding to mutually terminate their memorandum of understanding. Honda claims they will form a strategic partnership to collaborate on electric vehicles and other technologies, but the loss of the deal is a huge blow to Nissan.

Amazon's Robotics Push: Widening Lead, Boosting Margins

Amazon's investment in robotics gives it a competitive advantage in retail, potentially leading to billions in savings and improved profit margins.

Gold Nears Record on Dollar Weakness, Tariff Threat

Gold climbs toward another record as the dollar pushes lower after President Trump orders reciprocal tariffs

Institutional Investors Return to Nvidia as Retail Investors Dump

Nvidia recovers as smart money nibbles, Palantir attracts retail investors despite insider selling

SailPoint IPO Raises $1.38 Billion as Cybersecurity Makes Return to Public Markets

SailPoint (SAIL) raised $1.38 billion in its Nasdaq IPO, valuing the identity management tech firm at $12.6 billion. The company expects revenue growth of 41% in 2025, but is still operating at a loss.

Google's humanoid robot play: Apptronik raises $350 million

Google joins the humanoid robot race with a $350 million funding round for Apptronik, a company developing humanoids for industrial and manufacturing use cases.

US Stocks Rise as Tariffs Looming, Inflation Heats Up

US stocks rebound on Trump's tariff announcement, hotter inflation data

Elon Musk Threatens to Withdraw OpenAI Bid If Nonprofit Status Not Preserved

Elon Musk threatens to withdraw his $97.4 billion bid for OpenAI if directors proceed with plans to transform the ChatGPT maker into a for-profit enterprise.