Posts with tag: short story
Guardant Health reports a Q4 loss of $111 million, missing estimates but beating revenue expectations, with projections of $850-860 million for the full year.
Published on: February 20, 2025, 10:05 PM UTC
US future markets drop after record highs; Fed minutes suggest pause in rate cuts
Published on: February 20, 2025, 05:01 AM UTC
US stock futures dipped Wednesday as investors considered President Trump's 25% tariff threat and awaited Federal Reserve minutes for policy insights. S&P 500 and Dow futures slipped ~0.1%, while Nasdaq 100 futures were marginally higher. Markets remain cautious amid speculation over the impact of Trump's tariffs, despite the S&P 500 reaching a fresh record Tuesday. Investors await Fed minutes for clues on inflation and rate cut prospects, and earnings from Etsy, Carvana, Microsoft, and Apple are expected.
Published on: February 19, 2025, 02:03 PM UTC
JPMorgan Chase removes "diversity, equity, and inclusion" from annual report amid increased scrutiny of DEI programs on Wall Street. Goldman Sachs also dropped a pledge to avoid taking companies with all-white male boards public.
Published on: February 18, 2025, 08:02 PM UTC
Intel stock surges on reports of potential deals with Broadcom and TSMC, who may seek to split the chipmaker into two. These talks are preliminary, and no formal bids have been made. Intel's manufacturing struggles and recent leadership change have made it an acquisition target.
Published on: February 18, 2025, 08:02 PM UTC
High interest rates could be the biggest enemy of Trump's second term. The Federal Reserve is set to raise short-term interest rates, which will likely send long-term rates higher. This could hurt consumers and businesses, and it could even lead to a credit crunch.
Published on: February 14, 2025, 02:01 PM UTC
Nissan and Honda's proposed merger is off, leaving Nissan in search of new partnerships. Honda CEO says the companies will still collaborate on EVs and other technologies. Nissan CEO warns of difficulties for Nissan without a major partner.
Published on: February 13, 2025, 09:02 PM UTC
Fed Chair Powell reiterates cautious stance on interest rates, noting strong economy and stubborn inflation. Powell faces questions on monetary policy and Trump administration's economic policies. Fed policymakers plan to move slowly and assess inflation and impact of Trump's policies before adjusting rates.
Published on: February 11, 2025, 08:03 PM UTC
Strattec Security Corp. (STRT) reports Q2 net income of $1.3 million, or 32 cents per share. Adjusted earnings were 65 cents per share, on revenue of $129.9 million.
Published on: February 06, 2025, 10:08 PM UTC
Trump's tariffs may hit consumers hard, especially those who shop online for cheap Chinese goods. The end of the de minimis exemption will add tariffs and fees to Chinese packages, costing consumers billions of dollars. The legality of the tariffs is also unclear, with some experts predicting lawsuits to overturn them.
Published on: February 05, 2025, 02:03 PM UTC