Posts with tag: storytelling
Garrett Motion reports Q4 profit of $100 million, revenue of $844 million; expects full-year revenue of $3.3-3.5 billion.
Published on: February 20, 2025, 01:10 PM UTC
U.S. stock futures fall on Thursday, as investors digest the latest sign the Federal Reserve is unlikely to cut rates anytime soon.
Published on: February 20, 2025, 01:02 PM UTC
Mercedes-Benz expects its carmaking margin to drop to as low as 6% this year due to competition and uneven demand. The company plans to reduce production costs by 10% and work with suppliers to lower material expenses. Despite shifting upmarket, weak demand for top-end models in China has weighed on the strategy.
Published on: February 20, 2025, 12:04 PM UTC
TikTok lays off trust and safety staff as part of restructuring
Published on: February 20, 2025, 10:01 AM UTC
Palantir (PLTR) stock plummeted 10% on news of potential Pentagon budget cuts, with AI software company heavily reliant on government contracts.
Published on: February 20, 2025, 02:02 AM UTC
Defense Secretary Pete Hegseth plans to cut military spending by 8% over the next five years, with specific exemptions.
Published on: February 20, 2025, 12:00 AM UTC
Orion S.A. reports $17.2 million net income in the fourth quarter, with a profit of 30 cents per share. The chemical additive carbon black producer saw revenue of $434.2 million in the period.
Published on: February 19, 2025, 11:08 PM UTC
Triple Flag Precious Metals reports Q4 profit of $41.3 million, beating expectations.
Published on: February 19, 2025, 11:06 PM UTC
US stocks opened lower Wednesday as investors weighed President Trump's latest 25% tariff salvo and awaited Federal Reserve minutes for insight into future policy. The benchmark S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) each slipped roughly 2% while the Dow Jones Industrial Average (^DJI) fell 0.3%.
Published on: February 19, 2025, 05:03 PM UTC
US stock futures dipped Wednesday as investors considered President Trump's 25% tariff threat and awaited Federal Reserve minutes for policy insights. S&P 500 and Dow futures slipped ~0.1%, while Nasdaq 100 futures were marginally higher. Markets remain cautious amid speculation over the impact of Trump's tariffs, despite the S&P 500 reaching a fresh record Tuesday. Investors await Fed minutes for clues on inflation and rate cut prospects, and earnings from Etsy, Carvana, Microsoft, and Apple are expected.
Published on: February 19, 2025, 02:03 PM UTC