Tag: programming

Treasury Secretary Scott Bessent vets Treasury employee on Musk's government efficiency team, assures no data tampering. Bessent expresses confidence in Musk's team's abilities, highlighting their professionalism and potential cost savings.

Published on: February 07, 2025, 06:01 PM UTC

Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, owns 30.3 million shares of Uber Technologies Inc.

Published on: February 07, 2025, 05:01 PM UTC

US stocks drop on higher inflation expectations and weaker jobs report. The S&P 500 fell 0.1%, Nasdaq Composite dropped 0.5%, and Dow Jones Industrial Average declined 0.1% as consumer sentiment sank to a seven-month low and inflation expectations surged. Amazon shares plummeted after disappointing earnings outlook, but the major indices remain on track for weekly gains.

Published on: February 07, 2025, 04:04 PM UTC

The Hundred, a cricket tournament in England, attracts significant investment from India and the United States. Billionaire tech investors, including Google CEO Sundar Pichai and Microsoft CEO Satya Nadella, have purchased a stake in London Spirit. Indian investors from the IPL, such as Sunrisers Hyderabad, have also acquired shares in other franchises. The investment is expected to raise over 500 million pounds ($620 million) for English cricket.

Published on: February 07, 2025, 04:04 PM UTC

Amazon stock (AMZN) dropped 3% in premarket trading after mixed Q1 guidance and plans for increased AI infrastructure spending in 2025. Despite a miss on revenue estimates, analysts remain bullish on Amazon's sales reacceleration in AWS and the company's strong quarter, including three straight quarters of 19% sales growth for AWS and record operating income.

Published on: February 07, 2025, 04:02 PM UTC

US stocks fell on Friday after a report showed consumer inflation expectations rose and job growth was slower than expected, erasing earlier gains.

Published on: February 07, 2025, 04:01 PM UTC

Mortgage rates unlikely to fall, say consumers, as pessimism grows about affordability

Published on: February 07, 2025, 04:01 PM UTC

U.S. consumer sentiment dropped to a 7-month low in February on inflation fears amid tariffs threatened by President Trump, according to the University of Michigan Surveys of Consumers.

Published on: February 07, 2025, 04:00 PM UTC

US stocks edged higher Friday, boosted by jobs data showing resilience in the labor market. The S&P 500 gained 0.1%, while the Nasdaq Composite added 0.3%. Amazon's disappointing revenue outlook weighed on shares, dropping 2% in early trading. The monthly jobs report showed the US economy added 143,000 jobs in January, below expectations but indicating a resilient labor market. The unemployment rate ticked down to 4.0% from 4.1% in December.

Published on: February 07, 2025, 03:02 PM UTC

Ahead of Super Bowl LIX, analysts predict a surge in demand for chicken wings and pizza. Domino's and Wingstop are top picks due to their value and innovation, while Molson Coors and Mondelēz are expected to benefit from increased beverage and snack sales.

Published on: February 07, 2025, 03:01 PM UTC