Posts with tag: technology
Trump's self-imposed Feb. 1 deadline for tariffs on Canada, Mexico, and China looms, causing uncertainty and weighing on business decisions. Economic experts and world leaders are closely watching the developments as markets anticipate potential impacts on growth and inflation.
Published on: January 31, 2025, 12:01 AM UTC
Apple's Q1 earnings beat estimates but missed on iPhone revenue, with Greater China sales falling short. Despite AI push and upcoming product releases, iPhone market share declined.
Published on: January 31, 2025, 12:01 AM UTC
Tokyo inflation accelerates, supporting BOJ's hawkish outlook. Consumer prices excluding fresh food rose 2.5% in January, a 11-month high, matching economists' estimates and indicating persistent inflationary pressures.
Published on: January 31, 2025, 12:00 AM UTC
OpenAI is reportedly in talks for a $40B funding led by SoftBank, at a $260B valuation.
Published on: January 30, 2025, 11:06 PM UTC
Federated Hermes, Inc. (FHI) reported fourth-quarter net income of $84.7 million, topping Wall Street expectations. The company also reported revenue of $424.7 million, surpassing Street forecasts.
Published on: January 30, 2025, 11:06 PM UTC
Shore Bancshares Inc. (SHBI) reported net income of $13.3 million and earnings per share of 40 cents in its fourth quarter. Adjusted earnings came to 44 cents per share. Revenue was $85.3 million, surpassing Street forecasts.
Published on: January 30, 2025, 11:05 PM UTC
Volatility hits markets after President Trump threatens tariffs on Mexico and Canada, sending currencies tumbling and stocks on a roller coaster ride. Key events to watch include US personal income, spending, and PCE inflation data this week.
Published on: January 30, 2025, 11:04 PM UTC
U.S. Steel reports a loss for Q4, with revenue in line with estimates. The company faces a bumpy demand environment and is trying to complete a deal with Nippon Steel and avoid a hostile takeover bid.
Published on: January 30, 2025, 11:03 PM UTC
Walgreens Boots Alliance Inc. Suspends Quarterly Dividend as Cash Needs Loom
Published on: January 30, 2025, 11:03 PM UTC
Amid higher mortgage rates, pending home sales dropped 5.5% in December, with a significant decline in expensive regions. Despite gains in cash transactions, the rate increase impacted affordability.
Published on: January 30, 2025, 11:03 PM UTC