Tag: sustainability

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Ne Zha 2 Box Office Bonanza: China's Record-Breaking Animation

The sequel to the Chinese animated blockbuster Ne Zha grossed over $1 billion in its first 10 days in cinemas, setting a new box office record for the country.

Rodney Hood named acting head of U.S. national bank regulator OCC

Rodney Hood, a former credit union regulator, will take over as the acting head of a leading national bank regulator, the Office of the Comptroller of the Currency (OCC).

Hertz Wins Dismissal of Lawsuit Over Stock Warrants

Hertz wins dismissal of lawsuit over shareholder warrants

McDonald's Q4 Earnings Preview: Sales Dip, Value Menu Hopes Fade

McDonald's (MCD) Q4 2024 earnings preview: analysts expect revenue growth, EPS decline, and weak same-store sales.

Fortive Beats on Earnings, Misses on Revenue

Fortive Corp. (FTV) beats Q4 earnings estimates: reported EPS of $1.17, revenue of $1.62B; view Zacks' report: https://www.zacks.com/ap/FTV

Jobs Report to Drive Market Action as Stocks Tread Water

Traders await the monthly US jobs report, which will impact interest rate decisions. Amazon falls after a weak outlook. Stocks, bonds, and the dollar fluctuate amidst anticipation.

Stocks Mixed as Market Awaits Amazon Earnings, Tracks Earnings Season

US stocks were mixed on Thursday as investors assessed earnings and awaited Amazon's results. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 rose 0.3% and the Nasdaq Composite popped 0.5%. Investors are watching earnings for company warnings, and tech results are being scrutinized for signals about AI demand. Treasury Secretary Bessent relieved pressure on the Fed, saying Trump wants to bring down 10-year Treasury yields to ease borrowing costs rather than push for lower interest rates. Jobless claims jumped to 219,000 last week, slightly above estimates. Amazon's revenue forecast disappointed, sending shares down. Nvidia shares rose 3% as stocks rallied. AI mentions are at an all-time high on earnings calls. Ford fell 7% after muted guidance. Apple supplier Skyworks stock plummeted as the iPhone maker turns to a competitor. A tariff threat on lumber poses risks to builders' margins. Americans looking for work haven't had it this hard in almost 3 years. The Dow drops 150 points, weighed by Salesforce and Honeywell. Arm and Qualcomm stocks fall as investors wait for AI to drive demand for their chips. The labor market could be the only hope for another Fed rate cut. Roblox tumbles 13% as key metrics disappoint Wall Street. Tesla stock extends losses, down more than 2%. Peloton stock soared 23% as quarterly sales came in better than expected. Qualcomm shares were down 5% on Thursday after the chipmaker's quarterly earnings came in better than expected, but guidance for its licensing business disappointed Wall Street. Honeywell shares fell 4% on Thursday after the conglomerate ended months of speculation by announcing it would split into three listed companies. Stocks opened higher as earnings poured in. Eli Lilly reports mixed earnings, increases 2025 guidance. Europe stocks rise, FTSE 100 surges after BOE rate cut. Oil prices return from losses with Saudi price increase.

Google Abandons Diversity Hiring Goals Amidst Legal and Political Scrutiny

Google faces scrutiny for diversity hiring targets amid intensifying debate in Washington, D.C., while Microsoft and Apple maintain their commitment to DEI despite criticism and legal challenges.

Palantir Stock Soars Post-Earnings as Analysts Debate Valuation

Palantir Technologies (PLTR) stock surges 41% year-to-date, outperforming the tech-heavy Nasdaq Composite. Recent earnings reports show strong financial growth, including a 52% surge in US revenue and doubling of adjusted operating profits in 2024. Analysts' expectations for earnings per share in 2025 and 2026 have also been revised upward.

Asian Shares Higher After Wall Street Rally on Earnings Reports

Asian shares are mostly up as Wall Street rallies on earnings reports. Japan's Nikkei 225 gained 0.5%, Australia's S&P/ASX 200 surged 1.2%, South Korea's Kospi edged up 0.7%, Hong Kong's Hang Seng rose 0.8%, and the Shanghai Composite added 1.0%. In Japan, Honda Motor stock pared some gains after talks of a joint venture unraveling. Meanwhile, Nissan shares recovered. On Wall Street, the S&P 500 rose 0.4%, the Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 0.2%. Toymaker Mattel jumped 15.3%, while Alphabet sank 7.3% amid concerns about its cloud business. Uncertainty about tariffs hangs over the global economy, but trade war concerns have eased after Trump gave reprieves to Mexico and Canada. Yields in the bond market fell due to weaker growth in U.S. services businesses.