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Blue Origin Lays Off 10% of Workforce

Blue Origin, Jeff Bezos' rocket company, is cutting 10% of its workforce to streamline manufacturing and launch operations.

Hennessy Advisors Q1 2023 Earnings Report

Hennessy Advisors Inc. reports a net income of $2.8 million in its fiscal first quarter, with a profit of 36 cents per share and revenue of $9.7 million.

Mortgage Rates Tick Lower, but Remain Close to 6.9%

30-year mortgage rates inched slightly lower this week, averaging 6.87%, but remain close to 6.9%. Experts predict rates may stay around these levels due to volatile financial markets and inflation concerns.

VinFast Delivers Nearly 100,000 Cars in 2023, Plans to Double Sales Globally in 2025

Vietnamese electric vehicle maker VinFast delivered ~97K cars in 2024, nearly three times more than in 2023, but primarily in its domestic market. Aiming to double sales this year, it sold 53K units in Q4'24, exceeding its revised 80K target.

CBRE Q4 Earnings Top Estimates

CBRE Group Inc. (CBRE) reported Q4 profit of $487 million, surpassing Wall Street expectations with EPS of $2.32. Revenue was $10.4 billion, also topping forecasts. For the year, CBRE reported $968 million profit and $35.77 billion revenue.

Trump-Putin Talks Ease Oil Supply Risk Concerns

Oil prices fall as Trump and Putin agree to talk, raising hopes of easing Russian supply disruptions

January Consumer Price Index: Test for Inflation and Fed Rate Cut Expectations

January's Consumer Price Index report is expected to show a 2.9% inflation rate, with core inflation rising to 3.1%. Investors are watching for signs that inflation pressures are easing, as the Federal Reserve considers future interest rate cuts.

U.S. Stocks Rise Amid Tariff Concerns

US stocks rose Monday, aiming for a rebound as investors looked beyond President Trump's latest tariff threats, including new levies on steel and aluminum imports.

Freyr Abandons Plan for Atlanta Battery Factory, Shifts Focus to Texas Solar Plant

Freyr Battery abandons plans for Atlanta electric battery factory, focusing on Texas solar panel plant. The $2.6 billion factory would have been the second-largest battery factory worldwide, but Freyr has shifted its focus to a newly opened solar panel factory in Texas.

Palantir (PLTR) Stock Soars as AI Giant Delivers Strong Financials

Palantir's stock surges as analysts debate its valuation and growth potential. Some see its AI software dominance and improving financials as justification for its premium valuation, while others question its sustainability and high volatility.