Posts with tag: technology
Chipotle (CMG) shares fell 5% after reporting Q4 earnings that met estimates. Same-store sales surged 5.4%, fueled by strong transactions and margin growth. The company plans to open 315-345 new locations this year and expects same-store sales growth in the low- to mid-single-digit range in 2025.
Published on: February 05, 2025, 02:02 AM UTC
US stock futures were mixed as investors digested corporate earnings reports and the Trump administration's ongoing trade war with China.
Published on: February 05, 2025, 02:01 AM UTC
The US-China trade war's initial impacts on raw materials: LNG, coal, tungsten, and other metals; Beijing's targeted measures focus on areas where it has leverage.
Published on: February 05, 2025, 02:01 AM UTC
Andreessen Horowitz, a leading venture capital firm, has hired Daniel Penny, a Marine veteran who gained recognition for his actions on a subway. Penny was cleared of criminally negligent homicide last year. He will join Andreessen Horowitz's American Dynamism practice, focusing on supporting companies that align with American interests.
Published on: February 05, 2025, 01:03 AM UTC
Chipotle's Q4 earnings met expectations with 5.4% same-store sales growth, driven by strong transactions and margin expansion. Despite facing headwinds like weather and tough comparisons, the company plans to open 315-345 locations in fiscal 2025 and expects same-store sales to grow in the low- to mid-single-digit range.
Published on: February 05, 2025, 01:01 AM UTC
Alphabet posts fourth-quarter revenue below expectations of $82.8 billion, with Google Cloud growth slowing. The tech giant announces $75 billion in 2025 capital expenditures for AI and data center development. Despite missing sales estimates, Alphabet's search advertising and YouTube revenue exceeded expectations.
Published on: February 05, 2025, 01:01 AM UTC
The Australian and New Zealand dollars remained strong ahead of Chinese markets reopening. Traders are eyeing the fixing of the yuan midpoint rate by the PBOC as China responds to new US tariffs.
Published on: February 05, 2025, 01:00 AM UTC
Robinhood (HOOD) temporarily halts event contracts rollout after CFTC request
Published on: February 05, 2025, 12:04 AM UTC
Disney set to report earnings with streaming growth and theatrical hits, despite park headwinds. Analysts expect revenue of $24.57 billion and EPS of $1.42. Disney+ subscriber loss of 1.41 million anticipated, but streaming profitability remains a focus.
Published on: February 05, 2025, 12:03 AM UTC
Colombian President Gustavo Petro calls for the sale of state oil firm Ecopetrol's fracking operations to invest in clean energy.
Published on: February 05, 2025, 12:01 AM UTC