Tag: technology

Skyline Champion (SKY) is set to report earnings tomorrow. Analysts expect revenue to grow 5.5% YoY to $590.4 million, with adjusted EPS of $0.81. SKY beat revenue estimates by 5% last quarter. Read our full earnings preview here.

Published on: February 03, 2025, 02:10 PM UTC

AMD reports Q4 earnings tomorrow. Analysts expect revenue to grow by 22.3% year over year to $7.54 billion, and adjusted earnings to come in at $1.09 per share. Some of AMD's peers have already reported their Q4 results, with mixed results. Qorvo's revenues decreased 14.7% year on year, while Allegro MicroSystems reported a revenue decline of 30.2%. AMD is down 12.6% over the last month, but analysts have an average price target of $169.82 on the stock.

Published on: February 03, 2025, 02:09 PM UTC

Ecopetrol and Occidental Petroleum renew their oil joint venture in the US Permian basin in Texas. Read about the investment plan, development wells, and production targets.

Published on: February 03, 2025, 02:06 PM UTC

The dollar surged and stocks tumbled as the beginning of US tariffs ushered in a trade war threatening economic growth around the world. Most Read from Bloomberg: New York’s First ‘Passive House’ School Is a Model of Downtown Density; When French Communists Went on a Brutalist Building Boom; Trump Paves the Way to Deputize Local Police on Immigration; How the 2025 Catholic Jubilee Is Reshaping Rome; Historic London Elevator Faces Last Stop in Labour’s Housing Push

Published on: February 03, 2025, 02:04 PM UTC

Southwest Airlines faces challenges amid rising costs, but remains optimistic as Boeing production improves.

Published on: February 03, 2025, 02:03 PM UTC

Robinhood forays into sports betting with event contracts for Super Bowl LIX, allowing customers to bet on the winner.

Published on: February 03, 2025, 02:02 PM UTC

Markets plunged after investors realized President Trump was serious about imposing hefty tariffs on Canada, Mexico and China. Nasdaq 100 futures dove more than 1.7%, S&P 500 futures spiraled roughly 1.5%, and Dow Jones Industrial Average futures tumbled about 1.3%.

Published on: February 03, 2025, 02:01 PM UTC

Despite widespread opposition, Donald Trump is unlikely to reverse his decision to levy tariffs on Canada, Mexico, and the EU. While legal challenges are expected, the president has broad authority and invoked national security concerns, making it challenging for any force outside of himself to stop him.

Published on: February 03, 2025, 02:01 PM UTC

President Trump imposes tariffs on Canada, Mexico, and China, citing national emergency concerns over fentanyl and illegal migration. The tariffs take effect on February 4th, and retaliatory measures from the affected countries are expected. The economic impact is estimated to be significant, with potential job losses and price increases. The move has drawn criticism from business groups and some Republican allies.

Published on: February 03, 2025, 01:04 PM UTC

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Published on: February 03, 2025, 01:03 PM UTC