Posts with tag: software development
Starbucks reports mixed first-quarter results, with revenue flat and earnings per share beating estimates. Same-store sales and foot traffic decline, but the company sees progress in its turnaround plan, which includes a focus on core products, better pricing, and faster service. Despite challenges in China, Starbucks plans to improve mobile orders and reduce beverage and food offerings on the menu.
Published on: January 29, 2025, 08:01 AM UTC
Discover the pros and cons of 10-year certificates of deposit (CDs) and explore alternative investment options like high-yield savings accounts, money market accounts, and Treasury notes to find the best fit for your savings goals.
Published on: January 29, 2025, 12:01 AM UTC
LendingClub Corp. reports Q4 net income of $9.7 million, topping Wall Street expectations, with revenue of $217.2 million.
Published on: January 28, 2025, 10:06 PM UTC
The US dollar rallies again on tariff talk, showing its strength in this environment. Trump's promise of "much bigger" tariffs and the recent market wobble related to AI contribute to demand for the world's reserve currency.
Published on: January 28, 2025, 10:04 PM UTC
The Nasdaq and S&P 500 rebounded on Tuesday after a steep stock sell-off sparked by Chinese startup DeepSeek and the potential impact its cheaper AI model could have on Big Tech. Nvidia surged almost 9%, recovering from a record $589 billion loss in market cap. With Nvidia's gains, the tech-heavy Nasdaq Composite rose by over 2%, while the S&P 500 gained around 0.9%. Notably, the tech sector experienced its biggest two-day reversal in over two years after posting its worst day since March 2020 on Monday.
Published on: January 28, 2025, 10:02 PM UTC
Smithfield Foods CEO says no further US pork plant closures planned
Published on: January 28, 2025, 07:00 PM UTC
Chinese AI model challenges Big Tech dominance, sparking sell-off in S&P 500 and Nasdaq Composite. Investors worry about the impact on Nvidia, Broadcom, and US hyperscalers, as AI earnings estimates may not meet expectations.
Published on: January 28, 2025, 06:01 PM UTC
Americans pay less in taxes than other developed countries, but it comes at a cost. The US relies heavily on state and local taxes, has a smaller safety net, and lacks a federal sales tax like VAT.
Published on: January 28, 2025, 02:03 PM UTC
Nvidia stock rebounds from AI-led sell-off; analysts assess DeepSeek impact
Published on: January 28, 2025, 02:02 PM UTC
Netflix Surges with Record Growth, Ad-Tier Revenue Expected to Rise in 2026 as Streaming Wars Intensify
Published on: January 28, 2025, 01:04 PM UTC