Tag: shopping

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AI Drives Big Tech Earnings, Despite Mixed Results

Big Tech earnings season wraps up, with AI emerging as the star of the show. Despite mixed reports from companies like Microsoft, Meta, Apple, and Google, analysts remain optimistic about the long-term potential of AI investments.

Layoffs at Salesforce, Meta, Microsoft, and Other Companies in 2025

Despite a strong financial performance, tech giant Salesforce is cutting more than 1,000 jobs from its 73,000-strong workforce. The layoffs come amid a wave of job cuts in the tech sector, as companies grapple with economic uncertainty and technological change.

MicroStrategy Rebrands, Underscoring Bitcoin Strategy

MicroStrategy rebrands as Strategy, embraces Bitcoin with logo change and massive investment plans. Track MSTR stock performance and earnings updates here.

Home Insurance Crisis in California: FAIR Plan vs. Private Coverage

California's home insurance crisis is leaving many homeowners underinsured, forcing them to turn to the state's FAIR Plan for coverage. The FAIR Plan provides a lifeline for those unable to secure private insurance, but with higher premiums and limited coverage. State officials have enacted regulations to give insurers more latitude in high-risk areas, but experts say serious mitigation efforts are needed to address the underlying fire risk.

Kentucky Lawmakers Pass Income Tax Cut

Kentucky lawmakers pass bill to lower personal income tax to 3.5% starting in 2026, continuing a downward trend since Republicans gained control of the legislature in 2017.

US Futures Steady as Traders Weigh Tariffs and Earnings

US futures steady, dollar weakens as traders assess tariffs and earnings

Estee Lauder Cuts Jobs, Posts Smaller-Than-Expected Sales Drop

Estee Lauder expands restructuring plan, cuts up to 7,000 jobs amid falling sales

Centene Earnings Top Estimates in Q4

Centene Corp. reported Q4 net income of $283 million, earnings of 80 cents per share, and revenue of $40.81 billion, topping Wall Street expectations.

U.S. Futures Steady, Dollar Weakens on China Trade Restraint

US stock futures steadied and the dollar weakened as investors speculated that China's restraint in retaliatory tariffs may help avoid a worst-case scenario in the emerging trade war.

Canadian Money Managers Brace for More Turbulence Amid Escalating Trade War

Canadian money managers are shifting to safer assets and bracing for more volatility in trading due to escalating trade tensions between the US and Canada.