Tag: technology

Posts with tag: technology

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Trump Tariffs on Canada, Mexico Could Spike Prices for Everything From Gas to Guacamole

Tariffs on imports from Canada and Mexico could raise prices on cars, gasoline, and groceries, including avocados for Super Bowl guacamole.

LyondellBasell Reports Q4 Loss on Weak Demand from Europe and Asia

LyondellBasell reports $603 million loss in Q4 due to weak demand in Europe and Asia, despite beating analyst estimates.

ArcBest Q4 Earnings Beat Estimates

ArcBest Corp. reported fourth-quarter earnings of $29 million, exceeding Wall Street expectations. Revenue was $1 billion, also beating forecasts. For the year, the company reported profit of $174 million and revenue of $4.18 billion. ArcBest shares have increased slightly more than 1% since the beginning of the year.

U.S. Stocks Gain Steam as Investors Digest Tech Earnings, Await Apple

US stocks gained steam on Thursday afternoon as investors digested earnings from megacap tech companies and waited for Apple (AAPL) results for more clues on prospects for Big Tech.

Apple Results: Revenue Forecast Reassures as iPhone, China Sales Dip

Apple's latest financial report shows a mixed performance, with revenue growth in some segments offset by declines in others. The company gave a reassuring revenue forecast for the current quarter, boosting its stock price in premarket trading.

Philippine Stocks Sink 4% Into Bear Market on Trump Trade Worries

Philippine stocks fell for the fifth day, pushing the nation's benchmark index into a bear market amid concern over potential global headwinds and disappointing domestic economic data.

Apple Earnings Preview: China Concerns vs Services Growth and AI Potential

Apple's Q1 earnings report looms amid concerns about China iPhone sales and a lackluster AI feature launch. Analysts highlight potential growth in Apple's services business and AI, but note challenges from the strong US dollar and China competition.

Australia's Central Bank to Cut Rates Next Month

Australia's central bank is widely expected to cut interest rates next month, its first monetary easing in over four years

Home Contract Activity Slows in December, Suggesting Higher Mortgage Rates Dampen Demand

Housing contract activity fell 5.5% in December, led by declines in the West and Northeast, suggesting higher mortgage rates are cooling buyer enthusiasm.

Asia Markets Mostly Higher After Wall Street Gains, Japan Inflation Hits 2.5%

Asia stocks rise following Wall Street gains, Japan inflation surpasses target