Tag: robotics

Gold prices reached a new record of $2,900 on Monday as tensions regarding trade and tariffs continue to drive up demand for the precious metal.

Published on: February 10, 2025, 06:01 PM UTC

Rockwell Automation reports Q1 earnings beat, exceeding Wall Street estimates with $184 million net income and $1.83 adjusted EPS. Revenue reaches $1.88 billion, topping forecasts. The company projects full-year earnings between $8.60 to $9.80 per share.

Published on: February 10, 2025, 01:06 PM UTC

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you get your podcasts. AI's impact on the workforce: experts share their perspectives on AI's role in the future of work, from replacing routine tasks to creating new jobs.

Published on: February 10, 2025, 01:02 PM UTC

Rockwell Automation (NYSE:ROK) missed Q4 revenue estimates but exceeded earnings per share (EPS) expectations, leading to a 6.2% stock surge. Despite falling revenue, profitability metrics improved, including operating margin and adjusted EPS beat, indicating operational efficiency.

Published on: February 10, 2025, 01:00 PM UTC

Jiangsu Lopal Tech and Contemporary Amperex Technology are restarting their lithium refinery in China after a five-month halt, potentially further suppressing lithium prices.

Published on: February 10, 2025, 12:00 PM UTC

Artificial intelligence's role in the workplace has been debated at the World Economic Forum. Experts from Morgan Stanley, Nasdaq, and more share their perspectives on AI's impact on jobs and productivity.

Published on: February 10, 2025, 11:02 AM UTC

US equity futures rose as markets processed President Trump's tariffs on steel and aluminum. The S&P 500 and Nasdaq 100 gained at least 0.3%, while aluminum and steel companies rose in premarket trading. BP Plc surged 6.7% after an activist investor revealed a stake. Trump's tariffs may boost inflation, potentially limiting the Federal Reserve's ability to cut interest rates. Gold advanced to a record high, while 10-year Treasury yields remained steady.

Published on: February 10, 2025, 10:00 AM UTC

Chancellor Olaf Scholz and conservative leader Friedrich Merz engaged in a televised debate ahead of Germany's election, discussing economic growth, immigration, and foreign policy. Scholz faced criticism from Merz, but maintained his stance on keeping far-right parties out of power. Poll results suggest Merz is still favored to win, with coalition negotiations likely to be challenging.

Published on: February 09, 2025, 10:00 PM UTC

Super Bowl LIX will see a surge in chicken wing and pizza consumption. Domino's and Wingstop are top picks for delivery, while Molson Coors and Mondelēz are expected to perform well among beverages and snacks. Inflation has impacted chicken wing prices, leading to moderate price increases to ensure supply.

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

Published on: February 07, 2025, 03:05 PM UTC