Posts with tag: technology
Sticky inflation data keeps Fed on hold, Bowman prefers gradual rate adjustments
Published on: January 31, 2025, 09:02 PM UTC
Goldman Sachs Reiterates Bullish Call on Gold as Trade Tensions Heat Up
Published on: January 31, 2025, 09:02 PM UTC
Cardinal Health (CAH) reported mixed Q4 results, beating revenue estimates but missing on earnings. Despite a 3.8% year-over-year sales decline, the healthcare distributor posted a 9.4% EPS beat. Analysts predict 6.7% revenue growth over the next 12 months. Read our analysis for insights and valuation.
Published on: January 31, 2025, 09:01 PM UTC
Berkshire Hathaway shed 4,000 jobs despite record operating profit. The conglomerate's employment dropped to 392,000 from 396,440. Job cuts were made to address changing markets and business priorities, such as Geico's 7,700 job cuts due to underwriting losses and Precision Castparts' 13,400 job cuts due to the pandemic.
Published on: January 31, 2025, 08:04 PM UTC
Gold prices surge as trade tensions escalate; Goldman Sachs sees potential for $3,000 per ounce in Q2 2026.
Published on: January 31, 2025, 08:01 PM UTC
Havana Club Rum perseveres amidst Cuba's sugar crisis and US sanctions, maintaining export success with contingencies and a focus on the Chinese market.
Published on: January 31, 2025, 08:00 PM UTC
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Published on: January 31, 2025, 08:00 PM UTC
US stocks rose on Friday, lifted by solid earnings from Apple, while a key inflation gauge aligned with expectations. Despite looming tariff concerns, investors remained upbeat, putting the major gauges on track for monthly gains. Tech-heavy Nasdaq jumped 1.3%, S&P 500 gained 0.7%, and Dow Jones added 0.1%, building on Thursday's rally.
Published on: January 31, 2025, 07:02 PM UTC
Uncertainty over tariffs puts markets on edge as Trump's deadline approaches. Experts predict potential impact on inflation and Federal Reserve's rate plans. Read more for in-depth analysis.
Published on: January 31, 2025, 07:02 PM UTC
The latest reading from the Fed's preferred inflation gauge shows prices stuck at the same year-over-year level as November, further supporting a wait-and-see approach to interest rates.
Published on: January 31, 2025, 07:02 PM UTC