Posts with tag: trends
Utz Brands (UTZ) reports Q4 net income of $2.3 million, topping analysts' estimates, with earnings per share of 22 cents. However, revenue of $341 million fell short of expectations.
Published on: February 20, 2025, 12:07 PM UTC
As a standoff between pharmaceutical companies and PBMs rages on in Washington, CVS defends its role in lowering drug costs despite scrutiny over its rebate strategy and competition from Walmart, GoodRx, and telehealth companies.
Published on: February 20, 2025, 07:01 AM UTC
President Trump considers giving 20% of savings from Musk's Department of Government Efficiency to American citizens as a dividend.
Published on: February 20, 2025, 04:00 AM UTC
New York Mortgage Trust Inc. (NYMT) reported a Q4 loss of $31.4 million, or 46 cents per share, missing estimates by 42 cents. Revenue came in at $118.3 million, exceeding forecasts by $5.5 million.
Published on: February 19, 2025, 11:08 PM UTC
Osisko Gold Royalties reports Q4 net income of $7.1 million, matching expectations. Adjusted earnings were 16 cents per share on revenue of $56.7 million. For the year, the company had a profit of $16.3 million, or 9 cents per share, on revenue of $191.2 million.
Published on: February 19, 2025, 11:06 PM UTC
Fortescue's first-half profit down 53% as iron ore prices weaken
Published on: February 19, 2025, 11:05 PM UTC
The White House is tightening control over how the Federal Reserve regulates big banks, but monetary policy is still under the Fed's control.
Published on: February 19, 2025, 08:02 PM UTC
Gas prices are likely to rise in the coming weeks due to refinery maintenance and outages, particularly in California. The national average price for gasoline is hovering around $3.16 per gallon, higher than a month ago. Experts anticipate a further increase of $0.25 to $0.60 between now and mid-April, with the West Coast experiencing the highest fuel costs. The outages come ahead of the annual switch to more expensive summer fuel blends, with California already having the most expensive gasoline in the US due to green initiatives. However, retail gas prices are predicted to move lower in the second half of the year.
Published on: February 19, 2025, 06:01 PM UTC
Analysts remain upbeat on Nvidia (NVDA), citing long-term growth prospects related to AI and hyperscaler adoption. However, concerns about AI cost challenges, ASIC competition, and near-term headwinds temper optimism ahead of the company's earnings report on February 26.
Published on: February 19, 2025, 03:03 PM UTC
Formula One, now in its 75th season, unveils new race cars and tech in London, showcasing its growing popularity due to Netflix's "Drive to Survive" and expanding into the US market with races in Miami, Las Vegas, and Austin.
Published on: February 19, 2025, 03:00 PM UTC