Posts with tag: startups
American Airlines flight collides with helicopter near Reagan Washington National Airport
Published on: January 30, 2025, 04:01 AM UTC
Asian stocks fluctuated Thursday after the Federal Reserve held rates unchanged, with Chair Jerome Powell indicating no rush to lower borrowing costs. Some Asian markets remained closed for the Lunar New Year, while others saw mixed movement. The yen gained slightly, and US tech earnings were in focus, with Tesla and IBM reporting positive results. Meanwhile, investors monitored the start of megacap earnings season and concerns over tech sector concentration.
Published on: January 30, 2025, 01:00 AM UTC
JBS, the world's largest chicken producer, weighs a merger or acquisition to enter the US egg market, where prices are soaring due to an avian influenza outbreak.
Published on: January 29, 2025, 08:01 PM UTC
Virtu Financial Inc. (VIRT) reported fourth-quarter profit of $94.1 million, exceeding Wall Street expectations. Adjusted earnings were $1.14 per share on revenue of $834.3 million. For the year, the company reported profit of $276.4 million on revenue of $1.6 billion.
Published on: January 29, 2025, 01:07 PM UTC
Czech National Bank to consider investing in bitcoin, may cut interest rates
Published on: January 29, 2025, 08:01 AM UTC
Czech National Bank Governor Ales Michl plans to present a proposal to invest in Bitcoin and reduce interest rates by 25 basis points next week.
Published on: January 29, 2025, 07:00 AM UTC
Logitech Q3 earnings top estimates, with EPS at $1.32 and revenue at $1.34 billion. The company expects full-year revenue of $4.54 billion to $4.57 billion.
Published on: January 28, 2025, 10:10 PM UTC
Axos Financial reports Q2 net income of $104.7 million, surpassing analyst expectations. Revenue reached $483.9 million, with adjusted revenue at $307.9 million. Since the year's start, AX shares have risen nearly 4%.
Published on: January 28, 2025, 10:09 PM UTC
Big Tech earnings concerns sparked a sell-off Monday, raising questions about the sustainability of the bull market. DeepSeek's AI developments ignited fears of increased competition for Nvidia and other tech giants. The "Magnificent Seven" stocks, including Microsoft, Alphabet, and Tesla, saw declines of 2% or more. Strategists have warned of risks to the market due to high index valuations and concentration in Big Tech stocks.
Published on: January 28, 2025, 02:04 PM UTC
Read the latest in-depth analysis from Yahoo Finance experts on the current state of the stock market and economy, summarized by 50 charts.
Published on: January 28, 2025, 12:02 PM UTC