Posts with tag: technology
PBF Energy Inc. (PBF) reported a Q4 loss of $289.3 million, or $2.52 per share, missing estimates by $0.14. Revenue of $7.35 billion beat estimates by $100 million.
Published on: February 13, 2025, 12:05 PM UTC
The euro and European stocks rose on optimism that US-Russia talks could end the Ukraine war, boosting risk appetite and benefiting riskier assets.
Published on: February 13, 2025, 12:04 PM UTC
US stocks futures traded mixed Thursday as investors weighed prospects for US-Russia peace talks on Ukraine ahead of key inflation data, with focus on producer price index.
Published on: February 13, 2025, 12:01 PM UTC
Deere's quarterly revenue plunges 30%, missing expectations as farmers opt to rent equipment amid weak incomes and high borrowing costs.
Published on: February 13, 2025, 12:01 PM UTC
Goldman Sachs warns of a looming bearish trade for US equities, citing a crowded market and waning dip-buying momentum. Dip demand is slowing, with trend followers signaling downside pressure and corporate buybacks nearing their end. Hedge funds have increased risk exposure, but retail buying force may fade as March approaches. Tactical downside trade ideas are suggested, such as binary and put spread options on the S&P 500 Index, lookback put hedges, or trades involving the Euro Stoxx 50 and euro-dollar exchange rate.
Published on: February 13, 2025, 11:04 AM UTC
US stocks fell on Wednesday as investors digested a January inflation reading that was hotter than expected, sending expectations for Federal Reserve interest rate cuts back in 2025.
Published on: February 13, 2025, 11:03 AM UTC
U.S. stock futures steady ahead of PPI data, Russia-Ukraine peace talks boost risk appetite
Published on: February 13, 2025, 11:00 AM UTC
CVS shares soared nearly 15% after the company reported a beat on earnings and CEO David Joyner defended the company's pharmacy benefit manager unit.
Published on: February 13, 2025, 10:02 AM UTC
Apple reportedly plans to launch the new iPhone SE next week, partnering with Alibaba to bring Apple Intelligence to China. Analysts remain cautious, citing a single rear camera, declining China sales, and data challenges for Apple Intelligence.
Published on: February 13, 2025, 10:02 AM UTC
Shares in Spanish travel technology company HBX Group fell 8.3% on their market debut, erasing €236 million in value.
Published on: February 13, 2025, 10:00 AM UTC