Posts with tag: software development
Trump's tariffs are a departure from his previous approach, with higher duties, a wider range of consumer goods affected, and a use of tariffs as leverage for other concessions. China, Canada and Mexico are preparing to retaliate, and the economic effects are expected to be felt quickly.
Published on: February 04, 2025, 06:02 PM UTC
Shares of vaccine-makers and food companies fell after President Trump's nominee for health secretary, Robert F. Kennedy, Jr., who has voiced concerns about vaccine safety and called out unhealthy ingredients in packaged foods, moved closer to confirmation.
Published on: February 04, 2025, 05:00 PM UTC
Spotify beats revenue expectations, posts first full-year profit; MAUs hit 675 million
Published on: February 04, 2025, 03:00 PM UTC
Palantir Technologies (PLTR) shares surged on a strong revenue forecast exceeding analysts' estimates, driven by robust demand for its AI software. The company projects $3.75 billion in sales and $1.56 billion in operating income by 2025, with significant growth in commercial and government customers.
Published on: February 04, 2025, 02:06 PM UTC
Trump threatens to cut off US funding to South Africa over land expropriation law,
Published on: February 04, 2025, 02:06 PM UTC
AMETEK missed Q4 revenue expectations but beat on EPS. Revenue grew 1.8% YoY to $1.76B, while non-GAAP EPS was $1.87 vs. estimates of $1.85. Despite a strong operating margin and cash flow margin, AMETEK's full-year EPS guidance missed analyst estimates by 2.8%.
Published on: February 04, 2025, 01:08 PM UTC
Aramark Holdings Corp. (ARMK) reported fiscal first-quarter profit of $105.6 million, or 39 cents per share. Adjusted earnings were 51 cents per share, exceeding Wall Street expectations of 48 cents. Revenue of $4.55 billion fell short of estimates of $4.61 billion. Aramark shares have increased 3% YTD and 29% in the last 12 months.
Published on: February 04, 2025, 12:06 PM UTC
Merck pauses Gardasil shipments to China, hurts 2025 revenue; Keytruda sales drive strong Q4 profit.
Published on: February 04, 2025, 12:00 PM UTC
China imposed new tariffs on some US goods after Trump imposed 10% tariffs on goods from Beijing. The translated Chinese statement: A 15% tariff will be imposed on coal and liquefied natural gas. A 10% tariff will be imposed on crude oil, agricultural machinery, large-displacement cars, and pickup trucks. For the imported goods listed in the appendix originating from the United States, corresponding tariffs will be levied on the basis of the current applicable tariff rates.
Published on: February 04, 2025, 10:01 AM UTC
Trump's tariffs will cause economic pain but do little to address the national debt, America's thorniest long-term economic problem.
Published on: February 04, 2025, 09:01 AM UTC