Tag: programming

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Rockwell Automation Beats Profit Estimates on Lifecycle Services Demand

Rockwell Automation's Q1 profit beat estimates, with higher demand for its lifecycle services helping boost sales.

Major US Pipeline Operator to Supply Natural Gas to CloudBurst Data Center

Energy Transfer and CloudBurst Data Centers Sign Long-Term Natural Gas Supply Agreement for Central Texas Data Center

MicroStrategy Buys $742 Million of Bitcoin, Resumes Weekly Purchases

MicroStrategy amassed $742.2M in Bitcoin over the past week, owning 2.5% of the circulating supply. Despite reporting a $670.8M Q4 loss, the company remains profitable due to accounting changes.

Dollar Strengthens as Trump Tariffs Jolt Markets, Gold Hits Record

Dollar strengthens as Trump's steel and aluminum import tariffs shake markets, pushing gold to record high. US stock futures rebound, metals stocks surge, and BP shares jump on activist investment stake news.

CFPB Chief Orders Staff to Stop Work

Acting CFPB Director Russell Vought has directed all of the agency's workers to desist from performing any work.

Monday.com Q4 Earnings Beat, Revenue Tops Estimates

Monday.com beats Q4 earnings expectations with $1.08 EPS on $268M revenue, exceeding analyst estimates and posting a $274-276M revenue forecast for Q1 2023.

BYD Equips Best-Selling Models with Advanced Autonomous Features

China's BYD to equip affordable models with Tesla-like autonomous driving features, intensifying competition in the smart EV market.

EU warns of united response to possible US trade restrictions

Europe prepared to act against trade restrictions, Habeck says

Dollar Gains Against Most G-10 Peers as Investors Rush to Safe Haven

Global markets react to Trump's tariff threats, leading to a surge in safe-haven assets and a strengthening US dollar.

Elliott Investment Management Builds Stake in BP, Looks to Reshape Oil Giant

BP's shares rise after Elliott Management takes a stake in the energy giant. The activist investor is known for pushing for significant changes at companies, including strategy shifts, CEO departures, and even corporate breakups. BP has struggled in recent years, and Elliott is likely to pressure the company to improve its performance and shareholder value.