Posts with tag: technology
Elon Musk's Involvement in Dismantling CFPB Raises Conflict of Interest Concerns as X Expands into Digital Payments
Published on: February 11, 2025, 12:01 AM UTC
CBA expected to post marginal cash earnings growth in the first half, but high valuation faces headwinds from rising macroeconomic concerns.
Published on: February 11, 2025, 12:00 AM UTC
PennantPark Floating Rate Capital Ltd. (PFLT) reported a fiscal first-quarter profit of $28.3 million, or 33 cents per share, beating analyst estimates of 31 cents per share. Revenue was $67 million, also topping forecasts of $58.9 million.
Published on: February 10, 2025, 10:08 PM UTC
Corrections Corp. of America (CXW) reported Q4 FFO of $0.39 per share, beating the Zacks Consensus Estimate of $0.33 per share. The company reported revenue of $479.3 million for the quarter, also beating the Zacks Consensus Estimate of $461.6 million.
Published on: February 10, 2025, 10:06 PM UTC
McDonald's falls short in Q4 revenue and earnings, citing underperforming stock, weak sales, and an E. coli outbreak. Global same-store sales rise, while US sales decline. The chain plans to regain market share with its McValue menu and new offerings in 2025.
Published on: February 10, 2025, 10:03 PM UTC
From slashing foreign aid to cutting healthcare and eliminating the penny, President Trump's early actions as president aim to finance tax cuts while reducing national debt.
Published on: February 10, 2025, 10:01 PM UTC
US stocks rebounded Monday as investors overlooked President Trump's new tariff threats, including levies on steel and aluminum imports. The Dow Jones Industrial Average (^DJI) climbed nearly 0.4% after the blue-chip index on Friday posted its worst loss in almost four weeks. The S&P 500 (^GSPC) gained roughly 0.6%, while the Nasdaq Composite (^IXIC) jumped nearly 1% as shares of AI chipmaker Nvidia (NVDA) surged 3%, along with other tech stocks.
Published on: February 10, 2025, 10:01 PM UTC
OpenAI CEO Rejects Elon Musk's $97.4 Billion Offer; Musk Labels Him a "Swindler"
Published on: February 10, 2025, 10:01 PM UTC
Wall Street banks are planning to capitalize on crypto industry growth fueled by President Trump's support, with Morgan Stanley, Bank of America, and Royal Bank of Canada eyeing IPOs and equity offerings.
Published on: February 10, 2025, 09:04 PM UTC
Rivian Opens Up Commercial Van Orders, Expanding EV Business Opportunity
Published on: February 10, 2025, 09:02 PM UTC