Posts with tag: robotics
US stocks retreated on Thursday as investors digested Walmart's earnings report and remained cautious amid President Trump's planned tariffs and policy shifts.
Published on: February 20, 2025, 05:03 PM UTC
CEO Confidence Hits Three-Year High Amid Positive Business Outlook, Survey Finds
Published on: February 20, 2025, 05:02 PM UTC
Jobless claims rise slightly, but labor market remains healthy. Weekly applications for jobless benefits increased by 5,000 to 219,000, but the four-week average fell to 215,250. Despite layoffs at some high-profile companies, the labor market is still strong with plentiful jobs and a low unemployment rate. The Federal Reserve is monitoring inflation and the labor market for signs of a weakening economy.
Published on: February 20, 2025, 02:04 PM UTC
BigCommerce reports a Q4 loss of $2.4 million, surpasses Wall Street expectations with revenue of $87 million. For the year, the company's loss narrowed to $27 million, while revenue reached $332.9 million.
Published on: February 20, 2025, 01:08 PM UTC
Wayfair's (W) Q4 beats on revenue but stock drops. Revenue was flat year on year at $3.12 billion, but non-GAAP loss of $0.25 per share was below estimates. Active customers declined by 1 million year on year to 21.4 million. Guidance to come on the earnings call shortly.
Published on: February 20, 2025, 01:04 PM UTC
US stocks advanced on Wednesday, driven by investors' deliberations over President Trump's latest 25% tariff salvo and insights from the Federal Reserve minutes regarding future policy adjustments. The benchmark S&P 500 (^GSPC) rose about 0.2%, reaching a fresh record high of 6,144.15 after recording a high on Tuesday as well. Both the Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) rose approximately 0.1%.
Published on: February 20, 2025, 12:03 PM UTC
Elon Musk's government efficiency commission claims billions in savings through canceled and renegotiated contracts, but experts question the accuracy of those figures and the impact on the federal workforce and economy.
Published on: February 20, 2025, 12:02 PM UTC
Hasbro forecasts 2025 revenue below Wall Street estimates, citing subdued demand and impact of US tariffs on imports from China.
Published on: February 20, 2025, 12:00 PM UTC
Saudi Arabia's SMC Hospitals, a leading healthcare provider, plans an initial public offering (IPO) in Riyadh, following a wave of healthcare IPOs in the kingdom. The company operates multiple hospitals and clinics and aims to capitalize on the growing healthcare sector in Saudi Arabia. The IPO is part of Vision 2030, promoting healthcare development and economic diversification.
Published on: February 20, 2025, 08:00 AM UTC
US future markets slump on Wednesday as investors reacted to the latest sign the Federal Reserve is unlikely to cut rates anytime soon and digested minutes from its January meeting.
Published on: February 20, 2025, 07:01 AM UTC