Tag: programming

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Inflation Inches Higher Despite Fed Efforts

Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.

Tesla: Downward Spiral in Premarket as Stock Plunges 33%

Tesla's stock has been on a downward trend in February, dropping 33% since its December high. The company's fourth quarter earnings missed analyst estimates, and its sales in China and Australia have declined. The Trump administration's tariffs on steel and aluminum could also raise costs for Tesla.

CVS Beats Earnings, Stock Soars As Medical Loss Ratio Improves

CVS fourth-quarter earnings beat expectations, but profits continue to trend down. The company's health care benefits segment was down slightly, while its retail pharmaceutical business increased. CVS announced its guidance for 2025, estimating adjusted earnings per share of between $5.75 and $6.

Elon Musk's DOGE Reshapes Washington: Big Claims and Bigger Challenges

Elon Musk and President Trump outline ambitious goals for Musk's Department of Government Efficiency (DOGE), including $1 trillion in budget cuts and an end to inflation. Despite legal challenges and public resistance, both men remain determined to make significant changes.

Vontier Earnings Report Preview: Analyst Expectations and Peer Comparisons

Earnings Preview: Vontier (VNT) to Report Q4 Results Tomorrow, Analysts Expect Revenue Decline

Hyatt Hotels Earnings Preview: What to Expect

Hyatt Hotels (H) reports Q4 earnings tomorrow. Analysts expect flat revenue and adjusted earnings of $0.79 per share. Sentiment in the travel sector is positive, with peers United Airlines and Royal Caribbean reporting strong results.

Super Micro Shares Jump on Nasdaq Delisting Resolution, Ambitious Revenue Goal

Super Micro Computer (SMCI) stock soared after announcing plans to avoid Nasdaq delisting and setting a revenue goal of $40 billion for 2026, despite missing earnings estimates.

Lyft Plunges 14% as Bookings Fall Short Amidst Uber Price War

Lyft stock drops 14% after Q1 bookings forecast misses estimates amid price war with Uber; JPMorgan lowers price target to $16 from $19, citing competitive landscape concerns and loss of Delta partnership.

Conduent Reports Q4 Loss

Conduent Incorporated (CNDT) reported a Q4 loss of $12 million, or 9 cents per share. Adjusted for pretax gains, the loss was 15 cents per share on $800 million revenue. For the year, CNDT had a profit of $426 million, or $2.23 per share, on revenue of $3.36 billion.

CVS Earnings Beat: Revenue Tops Estimates, Shares Jump 8% in Premarket

CVS reports Q4 and full-year 2024 earnings beat, sending shares up 8% pre-market. Revenue and earnings details, impact of healthcare segments, medical loss ratio, and 2025 guidance provided.