Tag: students

President Trump plans to tackle a hedge fund deduction loophole, a move likely to be met with resistance from the industry but attract support from Democrats.

Published on: February 06, 2025, 09:01 PM UTC

Qualcomm shares plunged 6% after reporting Q4 results, despite beating estimates. Analysts cite Huawei competition, Apple business loss, and handset revenue decline as reasons for the drop.

Published on: February 06, 2025, 09:00 PM UTC

Roblox Q4 revenue tops estimates but stock drops 21.5% on weak guidance. Daily active users increase to 85.3 million, but revenue per user growth slows. Explore the full report for expert analysis and valuation insights.

Published on: February 06, 2025, 02:07 PM UTC

Filing taxes in the US versus Sweden is a stark contrast for Jens Peter de Pedro. In Sweden, he receives a pre-filled tax return from the government and can file it with a text message. In the US, his wife spends days on their taxes, and he finds the system complex and opaque. The US tax code's complexity contributes to many not claiming valuable tax credits. Experts attribute this to historical changes and social policies woven into the tax system. While other countries have streamlined taxes for regular employees, the US lags behind due to complexities like joint filing status, various credits/deductions, and catering to special interests. However, recent steps like the TCJA and the IRS's Direct File program have simplified the process for some. To move to a system like Sweden's, requiring government-populated tax returns and automatic tax calculations, legislative changes would be necessary.

Published on: February 06, 2025, 12:03 PM UTC

STERIS (STE) reported Q4 revenue below analyst estimates but in line with EPS estimates. Revenue grew 5.6% YoY to $1.37 billion. The company lowered its full-year adjusted EPS guidance to $9.10 at the midpoint. Margins improved, with operating margin increasing to 17.9% from 16.7%. The stock traded down 1.2% post-earnings.

Published on: February 05, 2025, 11:04 PM UTC

Tech investors buy the dip as Nvidia ETF sees $1.6 billion inflow, retail traders pour $4.25 billion into the market.

Published on: February 05, 2025, 12:01 PM UTC

European firms with operations in North America, like tire-maker Michelin, are assessing the potential impact of U.S. tariffs on Canada and Mexico on their supply chains and investments.

Published on: February 05, 2025, 11:01 AM UTC

China's services sector activity slowed in January as the Lunar New Year holiday impacted employment. Business sentiment improved despite concerns over rising competition and trade uncertainties. The Caixin/S&P Global services PMI fell to 51.0 but remained in expansion territory.

Published on: February 05, 2025, 02:00 AM UTC

Snap Revenue Surges, User Growth Beats Estimates on Ad Overhaul

Published on: February 05, 2025, 12:04 AM UTC

New U.S. tariffs on products made in China are expected to increase the cost of various goods, including electronics, home supplies, car parts, and inexpensive apparel. The tariffs will also impact e-commerce platforms that sell low-cost items shipped from China.

Published on: February 05, 2025, 12:00 AM UTC