Posts with tag: trends
US stock futures edged lower after President Trump announced 25% tariffs on global steel and aluminum imports. S&P 500 futures slipped 0.2%, Dow futures fell 0.1%, and Nasdaq futures declined 0.2%.
Published on: February 11, 2025, 01:01 AM UTC
Southwest Airlines names Tom Doxey as new CFO, replacing retiring Tammy Romo.
Published on: February 10, 2025, 11:00 PM UTC
Alabama man who SIM-swapped SEC social media account pleads guilty to identity theft for manipulating bitcoin price
Published on: February 10, 2025, 11:00 PM UTC
A full-on trade war with Europe, China, Canada, and Mexico could have a stagflationary impact on the US economy, says Apollo Global Management's chief economist, Torsten Sløk.
Published on: February 10, 2025, 07:03 PM UTC
McDonald's Q4 2024 results missed expectations, with revenue and earnings per share falling short. Global same-store sales were up slightly, but US same-store sales declined due to an E. coli outbreak. The company aims to regain market share in 2025 with its McValue menu and new menu items, but analysts are concerned about over-reliance on promotions.
Published on: February 10, 2025, 05:02 PM UTC
As Nissan faces challenges in the EV market, the automaker remains open to collaborations, even with tech partners. The failed merger talks with Honda highlight Nissan's need to address liquidity and electrification efforts.
Published on: February 10, 2025, 11:02 AM UTC
Despite the threat of tariffs, the stock market continues to hover near record highs. This is surprising since tariffs are expected to negatively impact company earnings, the key driver of stock prices. The market's optimism may stem from the belief that any tariffs will be temporary or milder than anticipated. However, analysts estimate that the announced tariffs could reduce earnings significantly, potentially outweighing any positive earnings surprises. As a result, companies and analysts may need to reassess their earnings estimates.
Published on: February 10, 2025, 03:01 AM UTC
DBS Group's Q4 net profit rises 10% to S$2.62 billion, matching analyst estimates, driven by growth in commercial banking and markets trading.
Published on: February 09, 2025, 11:00 PM UTC
Tesla stock had a rough week as China deliveries slumped 11.5% in January, while BYD sales surged 47%. Germany sales also plunged to their lowest since 2021. The US suspended federal funding for EV chargers, impacting shares of ChargePoint, Blink, and EVgo. Tesla has received an estimated $31 million through the program.
Published on: February 08, 2025, 12:01 AM UTC
Bank of America CEO Brian Moynihan received a 21% compensation increase to $35 million for 2024, driven by strong performance including increased interest income and a 10% bonus pool increase for investment bankers.
Published on: February 07, 2025, 10:00 PM UTC