Tag: renewable energy

Posts with tag: renewable energy

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Donegal Group reports Q4 earnings of $24 million

Donegal Group Inc. (DGICA) reported fourth-quarter earnings of $24 million, or 70 cents per share. Adjusted earnings were 69 cents per share.

Oil Steady After API Reports Another US Crude Stockpile Build

Oil steadies after gains as industry report shows another build in US crude stockpiles.

Intel stock surges 16% on report of potential deals with Broadcom and TSMC

Intel stock surged 16% Tuesday on reports that Broadcom and TSMC may explore potential deals to split the company into two.

FX Headwinds Impact Corporate Earnings: USD Strength Pressures Megacap Tech, Others

The surging US dollar impacts corporate earnings, with tech giants and consumer brands facing foreign exchange headwinds. Apple, Alphabet, Microsoft, Tesla, and Meta report significant overseas revenue, resulting in warnings about dollar strength. Amazon predicts slow revenue growth due to foreign exchange headwinds, while McDonald's, Coca-Cola, and Johnson & Johnson forecast currency headwinds.

Bond Yields Fall on Weak Retail Sales, Reviving Fed Cut Bets

Bond yields declined as weak retail sales raised expectations of Federal Reserve rate cuts, leading to a rally in Treasuries and a decline in the dollar. The S&P 500 hovered near record highs, while company-specific factors have been driving stock movements more than macro factors.

Reddit Shares Slide on Missed User Growth, Google Search Impact

Reddit misses user growth estimates, sending shares down after hours

Lyft Dips as Gross Bookings Forecast Falls Short

Lyft shares drop 12.5% on weaker-than-expected first-quarter outlook, despite aggressive competition against Uber.

Tesla Stock Tumbles as Investors Focus on Fundamentals, Not Trump Proximity

Tesla stock has tumbled 28% since hitting a record high in December 2024, as investors focus more on the company's fundamentals than Elon Musk's close proximity to President Trump.

S&P Global Beats Estimates, Forecasts Higher Earnings

Financial information company S&P Global forecasts earnings above estimates, anticipates increased demand for data and analytics offerings amid macroeconomic uncertainty.

Rodney Hood named acting head of U.S. national bank regulator OCC

Rodney Hood, a former credit union regulator, will take over as the acting head of a leading national bank regulator, the Office of the Comptroller of the Currency (OCC).