Posts with tag: tech
Oil prices rise on concerns of trade war and tariff threats
Published on: February 07, 2025, 03:00 AM UTC
Microchip's Q4 forecast falls short of estimates, with net sales and profit expectations below Wall Street's average due to weak automotive demand and excess inventory.
Published on: February 06, 2025, 11:05 PM UTC
President Trump outlines his tax priorities to Republican lawmakers, including ending the carried interest tax break and expanding the state and local tax deduction.
Published on: February 06, 2025, 11:01 PM UTC
SS&C Technologies reported fourth-quarter earnings of $248.2 million, or 98 cents per share, beating expectations of $1.32 per share. Revenue of $1.53 billion also topped forecasts of $1.48 billion. For the year, the company reported profit of $760.5 million, or $3 per share, on revenue of $5.89 billion.
Published on: February 06, 2025, 10:05 PM UTC
Earnings drive mixed US stocks as investors await Amazon results
Published on: February 06, 2025, 10:01 PM UTC
Stay up-to-date on the latest market movements with our comprehensive analysis of the mixed performance of US stocks. Delve into earnings reports from Amazon, Eli Lilly, Peloton, Qualcomm, and more, and track the impact on key indices like the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite.
Published on: February 06, 2025, 04:02 PM UTC
Volvo Cars CEO Jim Rowan says government subsidies for electric vehicles are a bad idea, echoing Tesla boss Elon Musk. He warns of a challenging year for the auto industry amid trade tensions and the withdrawal of US government support for EVs.
Published on: February 06, 2025, 03:05 PM UTC
MDU Resources Group Inc. (MDU) reported fourth quarter earnings of $55.2 million, or 27 cents per share. For the year, the company reported profit of $281.1 million, or $1.37 per share. Revenue was reported as $1.76 billion.
Published on: February 06, 2025, 02:05 PM UTC
Zimmer Biomet forecasts below-estimate profit due to currency headwinds, despite strong Q4 results.
Published on: February 06, 2025, 02:04 PM UTC
Yum! Brands Q4 Revenue Up 16%, Meets Expectations; Earnings Beat. Read now for analysis of same-store sales, operating margin, franchise growth, and valuation.
Published on: February 06, 2025, 01:09 PM UTC