Tag: technology

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Amazon's Mixed Earnings Guidance Spurs 3% Share Decline, Despite Bullish Analyst Outlook

Amazon stock dips on mixed Q1 guidance, massive capex plans; Street remains bullish on AWS growth, AI adoption

Northpointe Bancshares Targets Up to $595 Million in U.S. IPO

Northpointe Bancshares aims for a valuation of up to $595 million in its US IPO, selling up to 8.9 million shares at $16-$18 per share.

January Jobs Report Preview: Economists Expect Hiring Slowdown, Flat Unemployment Rate

January Jobs Report Preview: Economists Estimate 170,000 Nonfarm Payrolls Added

Google Backs Away From Diversity Hiring Targets

Google joins Meta in scaling back diversity hiring initiatives amid intensifying scrutiny of corporate DEI goals.

US Labor Market Reaches Moment of Stable Full Employment

Despite fears of a pandemic recession and the Federal Reserve's interest rate hikes, the US job market has achieved stable full employment. With a low unemployment rate, balanced wage and job growth, and strong consumer spending, the outlook remains positive, though improvement could be limited.

3 Reasons CRI is Risky and 1 Stock to Buy Instead

Carter's (CRI) stock is down 17.4% in the past six months due to declining same-store sales, slowing revenue growth, and diminishing ROIC. While the stock trades at a reasonable 10.1x forward P/E, analysts are cautious due to these headwinds. Consider investing in an alternative stock with stronger growth prospects instead.

US Equity Funds See Fourth Weekly Outflow on Geopolitical, Tech Earnings Worries

U.S. equity funds saw their fourth weekly outflow in five amid heightened geopolitical risks and weaker earnings from key tech companies.

Pudgy Penguins Burns $150 Million in Unclaimed Tokens, PENGU Drops 8%

Pudgy Penguins burns $150 million in unclaimed Solana tokens, leading to an 8% price drop for the PENGU token.

Taiwan Exports Rise in January Boosted by AI, Pre-Trump Orders

Taiwan's exports rose 4.4% in January, beating expectations, due to AI demand and companies placing orders before Trump's tariffs.

US Stock Futures Fall After Amazon Disappoints, AI Costs Weigh

US stock futures inch lower as Amazon joins other Big Tech companies with disappointing AI-focused projections for next year. Dow Jones Industrial Average futures (YM=F) hovered around the flatline, while S&P 500 (ES=F) and Nasdaq (NQ=F) futures inched 0.1% lower.