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New and Used Car Prices Continue to See Ups and Downs

New and used car prices saw mixed results in January's CPI report, with used car prices continuing their upward trend and reaching their highest monthly jump since May 2023.

BASF Considers Agrichemical Unit Listing in US, Germany

BASF explores agricultural chemicals division IPO in the US or Germany

Intel Stock Gains on Support for Domestic Chip Manufacturing

Intel's stock surged after VP Vance promoted domestic chip manufacturing, highlighting the company's role as a leading US hope for AI chip production despite facing challenges and internal issues.

Grocery Price Surges: Eggs, Orange Juice, and Coffee Hit Shoppers Hard

Breakfast staples like eggs, orange juice, and coffee see inflationary pressures as egg prices surge 53%, orange juice 7.7%, and coffee 3.1% year over year. Inflationary factors include bird flu, weather events, and macroeconomic conditions, leading to potential price increases and shortages.

CME beats Q4 estimates

CME Group Inc. reports fourth-quarter profit, beating Wall Street expectations. The Chicago-based company says it had net income of $2.40 per share. Revenue was $1.53 billion.

Kroger Names PepsiCo's David Kennerley as CFO

Kroger appoints PepsiCo's David Kennerley as CFO, effective April 3, succeeding interim CFO Todd Foley.

Generac profit beats expectations

Generac Holdings Inc. (GNRC) reported fourth-quarter net income of $117.2 million, beating Wall Street expectations. Adjusted earnings came to $2.80 per share, on revenue of $1.23 billion, meeting forecasts. For the year, GNRC reported profit of $316.3 million, or $5.39 per share, on revenue of $4.3 billion.

Ofwat Investigating Thames Water Over Environmental Scheme Delays

Water regulator Ofwat is investigating Thames Water for potential breach of obligations due to delayed environmental protection schemes, putting the heavily indebted company at risk of penalties.

Muted Premarket as Investors Await Inflation Data and Powell Testimony

U.S. stock index futures remain muted as investors await crucial inflation data, core inflation expected to ease to 3.1% year-on-year and Fed Chair Jerome Powell's testimony.