Tag: technology

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US Tariffs Threaten to Hammer Refining Profits Even More for Exxon, Chevron

Exxon and Chevron's profits were hit hard by falling fuel margins, while a proposed tariff on Canadian and Mexican crude oil exports threatens to further hurt refiners.

Commerzbank Unveils Buyback, Reports Record Earnings Amid UniCredit's Approach

Commerzbank Announces Share Buyback, Reports Record Earnings, and Defends Against UniCredit's Approach

Trafigura Convicted of Bribery in Swiss Court, Ex-COO Jailed

Trafigura and its ex-COO convicted of bribery in Swiss court, marking a historic moment in the fight against corruption in the commodities industry.

Inflation Edges Higher Again in Latest Sign of Persistent Price Pressures

Inflation rose in the U.S. last month, adding to signs of persistent price pressures. Read more for the latest on inflation in the United States.

Trump’s Tariff Threats: Uncertainty Roils Markets, World Leaders

President Donald Trump's use of tariffs as an economic tool has stirred uncertainty in global trade, with potential implications for US businesses and inflation. Stay tuned for the latest updates on Trump's tariff threats and their impact.

Morning Brief: Power Provider Stocks Surge and Plunge Amid AI Data Center Demand Uncertainty

Utility stocks soared in 2024 on hopes of AI-driven demand, but DeepSeek's R1 release raised questions about efficiency and triggered a sell-off.

Eaton Forecasts 2025 Profit Above Estimates on AI-Powered Data Center Boom

Eaton Corporation expects strong demand for electrical equipment due to AI-related data center growth, forecasting 2025 adjusted profit above Wall Street estimates.

Japan's Denso Not Unduly Worried About Trump Tariffs, May Raise Prices

World's second-largest car parts maker Denso eyes price hikes to offset Mexico-Canada tariffs

Charter Beats Q4 Revenue Estimates: Is Now the Time to Buy?

Charter (CHTR) reported in-line Q4 revenue and surpassed EPS estimates, driven by solid demand for internet and cable services. Despite subscriber losses, the company's financial performance remained stable. However, analysts anticipate flat revenue growth over the next year. Charter's free cash flow profitability has been weak, but its latest quarter showed a steady margin. Overall, the Q4 results were mixed, warranting further analysis before making investment decisions.

UPS Cuts Amazon Deliveries to Boost Margins, Stock Slides

UPS to Cut Amazon Deliveries by Half, Forecasts Lower Revenue