Posts with tag: science
Inflation data released today shows the CPI increased 3.0% over the prior year, and core prices jumped 0.4% over the month, posing challenges for the Federal Reserve's policy path.
Published on: February 12, 2025, 02:04 PM UTC
Healthcare is making a comeback in 2025, outperforming tech stocks and offering investors a potential hedge against tech's recent weakness.
Published on: February 12, 2025, 02:02 PM UTC
Kraft Heinz (KHC) reports Q4 earnings of $2.13 billion, or $1.76 per share, beating Wall Street estimates. Full-year revenue reached $25.85 billion and profit was $2.74 billion.
Published on: February 12, 2025, 01:09 PM UTC
Waters Corp forecasts Q1 profit below estimates due to a strong dollar; shares down 10% premarket.
Published on: February 12, 2025, 01:09 PM UTC
CME Group reports increased hedging activity in Q4, boosting profit by 6% to $1.53 billion, driven by geopolitical and economic uncertainty.
Published on: February 12, 2025, 01:04 PM UTC
Tesla Stock Falls as Elon Musk's OpenAI Bid Raises Concerns about Distraction and Valuation Discord
Published on: February 12, 2025, 01:01 PM UTC
Biogen forecasts below-expected 2025 profit, hurt by competition and a strong dollar. Stock falls 3% pre-market as investors sell due to slow launch of Leqembi, leading to concerns of slowing sales growth. Despite cost-cutting measures and acquisitions, Biogen predicts a mid-single-digit revenue decline in 2025, with adjusted earnings per share between $15.25 and $16.25, below analysts' estimates of $16.34.
Published on: February 12, 2025, 12:03 PM UTC
Billionaire Ken Griffin says Trump's tariffs are a "huge mistake," creating "chaos" and hindering economic growth. The Citadel CEO also praises Musk's efforts to reduce government bureaucracy but has concerns about the new antitrust cops and uncertainties surrounding Trump's policies.
Published on: February 12, 2025, 12:03 PM UTC
Wall Street bigwig Ken Griffin is not happy with Trump's trade policies. Griffin says the 'bombastic rhetoric' and 'uncertainty' created by the tariffs are an 'impediment to growth.'
Published on: February 12, 2025, 06:02 AM UTC
US stocks closed mixed on Tuesday as investors assessed more tariff policy shifts from President Donald Trump and looked ahead to upcoming inflation data. Traders also digested the start of Federal Chair Jerome Powell's two-day testimony in Congress.
Published on: February 12, 2025, 02:02 AM UTC