Posts with tag: social media
Ahead of Nvidia's earnings, Wall Street analysts remain bullish, citing strong AI infrastructure demand and Nvidia's competitive edge in the market.
Published on: February 20, 2025, 02:01 PM UTC
LKQ Corp. reports Q4 profit of $156 million, beating estimates; revenue misses expectations. For the year, the company reports profit of $690 million, or $2.62 per share, on revenue of $14.36 billion. LKQ expects full-year earnings in the range of $3.40 to $3.70 per share.
Published on: February 20, 2025, 12:07 PM UTC
Atlanta Fed President Raphael Bostic says interest rate cuts are still possible in 2023, while acknowledging inflation concerns and the impact of Trump administration policies on the economy.
Published on: February 20, 2025, 12:02 PM UTC
Short sellers have lost $73 billion in US and Canadian markets in 2025 due to a surge in stock prices. Super Micro Computer (SMCI) is the top performer in the S&P 500, up 110% this year and triggering a short squeeze. Short squeezes occur when investors betting against a stock are forced to buy it to cover their positions, driving up prices. Hims & Hers Health (HIMS), Oklo (OKLO), and BigBear.ai (BBAI) are other stocks that have seen significant gains due to short squeezes.
Published on: February 20, 2025, 11:03 AM UTC
Analysts question potential deals for Intel (INTC) after stock's 6% drop, citing manufacturing process differences, regulatory concerns, and the company's insistence on its competitive manufacturing process.
Published on: February 20, 2025, 02:03 AM UTC
China left its benchmark lending rates unchanged on Thursday, keeping monetary stimulus in check amid yuan weakness and narrowing bank margins, as it prioritizes financial and currency stability.
Published on: February 20, 2025, 02:00 AM UTC
Federal Reserve Vice Chair Philip Jefferson said a strong economy gives policymakers room to assess data before considering more rate cuts.
Published on: February 20, 2025, 12:04 AM UTC
Cheesecake Factory Q4 earnings beat expectations with revenue of $921 million and earnings of $1.04 per share.
Published on: February 19, 2025, 10:10 PM UTC
President Trump's social media posts no longer focus on the stock market, instead emphasizing debt ceiling, government spending, and tariff benefits, according to JPMorgan strategist Antonin Delair's analysis.
Published on: February 19, 2025, 10:03 PM UTC
US stocks were mixed Wednesday as investors assessed President Trump's 25% tariff plan and digested the Federal Reserve's meeting minutes for insight into future policy. The S&P 500 moved slightly higher, the tech-heavy Nasdaq traded flat, and the Dow Jones Industrial Average rose slightly.
Published on: February 19, 2025, 09:00 PM UTC