Posts with tag: trends
PROG Holdings, Inc. (PRG) reported fourth-quarter profit of $57.5 million, or $1.34 per share, beating analyst estimates. Revenue was $623.3 million, also topping forecasts. For the year, the company reported profit of $197.2 million, or $4.53 per share, on revenue of $2.46 billion.PROG Holdings expects full-year earnings in the range of $3.10 to $3.50 per share, with revenue in the range of $2.52 billion to $2.59 billion.
Published on: February 19, 2025, 01:06 PM UTC
Electric truck maker Nikola files for bankruptcy, listing assets between $500 million and $1 billion and liabilities between $1 billion and $10 billion.
Published on: February 19, 2025, 01:04 PM UTC
ECB Policymaker Schnabel Signals Halt to Rate Cuts as Inflation Risks Rise
Published on: February 19, 2025, 12:04 PM UTC
Super Micro Computer (SMCI) shares surge 16% on strong AI demand and positive business update, breaking out from a falling wedge pattern. Investors should watch crucial overhead areas around $70 and $96, while also eyeing support levels near $50 and $38.
Published on: February 19, 2025, 05:01 AM UTC
Chipmakers rally drives US stocks higher; geopolitical hopes rise
Published on: February 18, 2025, 11:01 PM UTC
Elon Musk's political involvement is damaging Tesla's brand image, leading to protests and negative consumer perception. Tesla faces challenges as EV tax credits may be cut, impacting sales and stock performance.
Published on: February 18, 2025, 08:01 PM UTC
Elon Musk's DOGE and Trump's White House team target Social Security, sparking concerns over sensitive data access and potential fraud investigations.
Published on: February 18, 2025, 07:01 PM UTC
US stocks saw mixed results on Tuesday, with the Dow Jones Industrial Average and tech-heavy Nasdaq Composite slipping while the S&P 500 rose slightly. Investors await the release of minutes from the Fed's January meeting for clues on interest rate policy, while US-Russia talks on ending the Ukraine war and earnings season updates influence market sentiment.
Published on: February 18, 2025, 06:01 PM UTC
The UK must re-arm as part of a commitment to step up European security, Defence Secretary John Healey said, announcing the establishment of a unit within his department to oversee £20 billion ($25 billion) of military spending.
Published on: February 18, 2025, 01:05 PM UTC
High-level U.S. and Russian officials held talks in Saudi Arabia to discuss a potential end to the war in Ukraine, raising concerns about a rapid deal leaving Europe out of the process. The U.S. emphasized the meeting was exploratory, while European leaders expressed shock and sought to maintain their involvement.
Published on: February 18, 2025, 01:04 PM UTC