Tag: technology

Luxury conglomerate LVMH, led by Bernard Arnault, is considering expanding production in the US due to favorable tax conditions and a positive business climate.

Published on: January 28, 2025, 11:04 PM UTC

Discover the latest news, analysis, and insights on the global economy and markets. Stay informed on the latest developments in finance, technology, and business with in-depth reporting and expert commentary.

Published on: January 28, 2025, 11:00 PM UTC

Clorox's CFO Kevin Jacobsen to step down, succeeded by Luc Bellet amid digital transformation focus.

Published on: January 28, 2025, 11:00 PM UTC

Axos Financial reports Q2 net income of $104.7 million, surpassing analyst expectations. Revenue reached $483.9 million, with adjusted revenue at $307.9 million. Since the year's start, AX shares have risen nearly 4%.

Published on: January 28, 2025, 10:09 PM UTC

Tech stocks rebounded on Tuesday, helping U.S. indexes gain ground after a decline on Monday. The S&P 500 rose 0.9%, the Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rallied 2%. Nvidia, a major player in artificial intelligence, climbed nearly 9%. Treasury yields remained relatively stable ahead of the Federal Reserve's interest rate announcement on Wednesday.

Published on: January 28, 2025, 10:08 PM UTC

Manhattan Associates (MANH) reported Q4 EPS of $1.17, beating the Street estimate of $1.06. Revenue was $255.8 million, above the $253.5 million consensus estimate.

Published on: January 28, 2025, 10:07 PM UTC

LendingClub Corp. reports Q4 net income of $9.7 million, topping Wall Street expectations, with revenue of $217.2 million.

Published on: January 28, 2025, 10:06 PM UTC

Starbucks (SBUX) posted mixed Q1 FY2025 results, beating earnings estimates but showing declines in same-store sales and foot traffic. CEO Brian Niccol's "Back to Starbucks" plan focuses on core products, pricing, and service improvements, aiming to restore growth.

Published on: January 28, 2025, 10:03 PM UTC

Balance transfer credit cards can help you manage debt and lower your interest payments, but most issuers charge a fee for this service. Learn how to find a card with a low balance transfer fee and maximize the savings on your debt payments.

Published on: January 28, 2025, 10:00 PM UTC

The Nasdaq and S&P 500 rebounded on Tuesday, following a tech sell-off due to concerns over a cheaper AI model from Chinese startup DeepSeek and fears over US leadership in AI. Nvidia, an AI chip giant, surged 8%, recovering from a steep decline in the previous session. The tech-heavy Nasdaq Composite gained over 2%, while the S&P 500 rose 1%. Investors also focused on Big Tech earnings this week, including reports from Apple, Tesla, Meta, and Microsoft, as well as President Trump's tariff policies ahead of the Federal Reserve's interest rate decision on Wednesday.

Published on: January 28, 2025, 09:01 PM UTC