Posts with tag: software development
Germany's private sector output improved, led by a slowdown in the decline of manufacturing new orders. The composite PMI rose to 51 in February, indicating growth above the 50 threshold. Despite this improvement, the outlook remains subdued due to potential US trade tariffs and structural challenges.
Published on: February 21, 2025, 09:00 AM UTC
Boeing CEO Kelly Ortberg calls Elon Musk a "brilliant guy" and says he's helping with delayed Air Force One planes. Musk criticized Boeing's previous CEO and has said the company is "on a much better track" with Ortberg at the helm. Boeing has lost billions on the Air Force One project and is facing delays.
Published on: February 21, 2025, 07:00 AM UTC
Asian stocks rose after Alibaba reported fast revenue growth, the yen weakened past 150 per dollar, and the Bank of Japan signaled readiness to curb bond yields.
Published on: February 21, 2025, 05:01 AM UTC
Australia's Reserve Bank is cautious about further rate cuts due to labor market pressures, but will respond if inflation slows more than expected.
Published on: February 21, 2025, 03:03 AM UTC
Walmart CFO seeks to calm investor concerns about 2025 guidance, citing strong January performance and prudent approach amid market uncertainty.
Published on: February 20, 2025, 11:03 PM UTC
RingCentral reports Q4 loss of $7.2 million, but beats estimates with adjusted EPS of 98 cents. Revenue of $614.5 million also tops forecasts. Company expects Q1 earnings of 93-97 cents per share on revenue of $607-612 million. Full-year earnings projected at $4.13-4.27 per share.
Published on: February 20, 2025, 10:05 PM UTC
Call center software provider Five9 beats Q4 revenue estimates, with sales up 16.6%. Its non-GAAP profit of $0.47 per share was below consensus, but it provides solid guidance for the upcoming year and key areas of upside.
Published on: February 20, 2025, 10:01 PM UTC
US stocks fell on Thursday as investors weighed Walmart's cautious outlook and the potential impact of President Trump's planned tariffs and policy shifts. The Dow Jones Industrial Average (^DJI) fell about 500 points, or around 1.1%. The S&P 500 (^GSPC) dropped 0.5%, coming off its second record close in a row on Wednesday, while the tech-heavy Nasdaq Composite (^IXIC) backed off about 0.5%.
Published on: February 20, 2025, 09:02 PM UTC
Federal Reserve officials discuss concerns about inflation amid talk of higher tariffs and changing immigration policies from the Trump administration.
Published on: February 20, 2025, 09:01 PM UTC
Citigroup will no longer require a diverse slate of candidates for job interviews, its CEO said in a memo on Thursday.
Published on: February 20, 2025, 09:00 PM UTC