Tag: programming

Posts with tag: programming

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Hedge Funds Snap Up Chinese Stocks on AI-Hype

Chinese stocks are attracting global hedge funds due to DeepSeek's AI model, Beijing's policy easing, and the lighter-than-expected US tariff. The MSCI China index outperforms major markets, with Appaloosa LP raising stakes in Alibaba and JD.Com.

US Steel Shares Surge After Trump Announces Steel Tariffs

US Steel shares surged 6% after President Trump announced tariffs on steel imports, potentially benefiting domestic producers like Nucor and Cleveland-Cliffs due to reduced foreign competition and increased pricing power.

Leapmotor Launches EV With Smart Driving Tech Priced Under $21,000

Leapmotor launches new electric vehicle with smart driving technology priced under $20,535, following BYD's price cuts for smart EVs.

Equity Futures Fall, Dollar and Gold Rise Amid Risk Retreat on Trump Tariffs

Futures fall, dollar and gold rise as Trump's tariffs stoke risk aversion. The S&P 500 and Nasdaq 100 contracts decline, while the dollar index ticks up. Gold briefly tops $2,921 as investors seek havens. Asian equities are mixed, with Australian and South Korean shares edging higher.

Columbus McKinnon Misses Q3 Earnings Estimates

Columbus McKinnon Corp. (CMCO) reports a Q3 profit of $4 million, or 14 cents per share, missing estimates. Revenue came in at $234.1 million for the period.

Brixmor's Q4 Funds From Operations Miss Estimates

Brixmor Property Group Inc. (BRX) missed Wall Street's Q4 FFO estimates but beat revenue forecasts. It reported FFO of $0.53/share on revenue of $328.4 million.

Cincinnati Financial Beats Q4 Earnings, Revenue Estimates

Cincinnati Financial Corp. (CINF) reported fourth-quarter profit of $405 million, or $2.56 per share. Adjusted earnings were $3.14 per share, surpassing Wall Street expectations of $1.90. Revenue was $2.54 billion, with adjusted revenue at $2.65 billion, also beating forecasts.

Amkor Technology Q4 Earnings Top Estimates

Amkor Technology Inc. surpasses Wall Street's expectations in fourth-quarter earnings, reporting $105.6 million. Revenue missed forecasts at $1.63 billion.

Butterfield Reports Q4 Earnings of $59.6 Million

Bank of NT Butterfield reports $59.6 million net income for the fourth quarter, with a yearly profit of $216.3 million.

Inspire Medical Systems's Q4 Beat: Revenue Surpasses Estimates, Strong Outlook

Inspire Medical Systems (NYSE: INSP) beats revenue expectations in Q4 CY2024 with a 24.5% year-on-year growth to $239.7 million, driven by strong demand and increased sales volume. Its EPS of $1.15 exceeded analysts' estimates by 54%, indicating strong profitability. The company expects full-year revenue of $947.5 million, which is in line with analyst estimates and implies an 18% growth.