Tag: travel

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US Stock Futures Fall on Trade War Escalation and Earnings Digests

US stock futures slipped on Tuesday as the trade war between the US and China escalated and corporate earnings reports came in mixed.

AMD Slumps in Europe on Data Center Sales Outlook

AMD shares plunge 9% in Europe after CEO predicts decline in data center sales, a key revenue source for the chipmaker's AI sector.

Novo Nordisk Trims 2025 Sales Outlook on Wegovy, Ozempic Slowdown

Novo Nordisk, maker of the obesity drug Wegovy, forecasts slower sales growth in 2025 due to softening demand, raising concerns about competition from Eli Lilly.

Xiaomi's flagship EV to launch luxury version

Xiaomi's luxury electric car SU7 Ultra to launch in February with a sales target of 10,000 units.

Equinor posts slightly higher-than-expected profits in Q4 2024

Equinor's Q4 2024 profit beats expectations, reaching $7.90 billion despite a decline from the previous year.

Trump's Tariffs Kill De Minimis Exemption, Ending Cheap Chinese Fashion Spree

Cheap fashion fans face higher prices as Trump closes loophole that allowed Chinese retailers to ship goods duty-free. The move targets discount retailers like Shein and Temu, which have grown rapidly in recent years thanks to the exemption.

Jobless Rate Climbs to Four-Year High in New Zealand

New Zealand's unemployment rate reaches four-year high of 5.1% in Q4 2023, driven by a sharp recession, but modest recovery is expected with interest rate cuts and slowing wage inflation.

Electronic Arts (EA) Q4 CY2024 Earnings Review: Revenue Miss, Outlook Exceeds Expectations

Electronic Arts (EA) reported mixed Q4 results with revenue below expectations but upbeat guidance. Revenue declined 20.4% YoY to $1.88B, missing estimates by 4.6%. However, its GAAP profit per share of $1.11 surpassed estimates by 3%. Q1 revenue guidance of $1.76B exceeds analysts' forecasts. Full-year EPS guidance of $4.08 also beats expectations. For more insights, access our full research report.

Quest Diagnostics (DGX) Q4 Beats on Revenue

Quest Diagnostics (DGX) Q4: Revenue Beat, 14.6% YoY Growth, $2.62 Billion, EPS $2.23, Analysts' Estimates Exceeded

Robinhood Halts Sports Event Contracts at CFTC's Request

Robinhood (HOOD) shares rise despite CFTC request to halt sports event contracts.