Tag: technology

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US Stocks Closed Mixed as Traders Look Ahead to Inflation Data

US stocks closed mixed on Tuesday as investors assessed more tariff policy shifts from President Donald Trump and looked ahead to upcoming inflation data. Traders also digested the start of Federal Chair Jerome Powell's two-day testimony in Congress.

Chinese EV Battery Giant CATL Files for Hong Kong Mega-IPO

Contemporary Amperex Technology Co., the world's largest electric-vehicle battery maker, files for a jumbo listing in Hong Kong, potentially raising over $5 billion.

Dollar retreats after EU, Mexico, Canada condemn Trump tariffs

The dollar eased from recent peaks as traders await US inflation data and news on the trade front. The euro, sterling, and Aussie dollar rose, while the Canadian dollar held steady despite tariff concerns.

Warner Bros, Jinjiang to build Harry Potter theme park in Shanghai

Jinjiang International Group signs joint venture framework agreement with Warner Bros to develop a Harry Potter theme park in Shanghai, set to open in 2027.

Asian Bond Yields Climb on Powell's Patience, Ahead of CPI Data

Asian bond yields rise as Fed's Powell signals patience on rate cuts, investors eye US inflation data.

Coca-Cola Rates Higher Tariffs As Only A Small Bump In The Road

Despite a 25% tariff on aluminum imports, Coca-Cola expects minimal price increases and plans to innovate with new can sizes and designs. The company reported strong Q4 earnings that exceeded expectations, and analysts remain bullish due to solid organic sales growth and conservative guidance.

Powell: Fed Testimony and Market Reaction

US stocks closed mixed on Tuesday as investors reacted to the latest tariff policy shifts from President Donald Trump and looked ahead to upcoming inflation data.

California's FAIR Plan Seeks $1 Billion for L.A. Wildfire Claims

California's FAIR Plan seeks $1 billion to cover wildfire claims, with private insurers bearing half the cost.

Pluri Inc. Reports Q2 Loss of $3 Million

Pluri Inc. (PLUR) reports a loss of $3 million in its fiscal second quarter, with revenue of $185,000.

Mirion Posts Strong Q4, Stock Soars

Mirion (NYSE: MIR) reported strong Q4 results, with revenue exceeding analysts' expectations by 3.8% and adjusted EPS beating consensus estimates by 15.1%. The company's full-year performance was also impressive, with EPS growth of 5.3% and revenue growth of 9.5%. However, analysts are forecasting slower growth in the upcoming year, with EPS expected to reach $0.48 and EBITDA guidance slightly below estimates.