Tag: UI

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ECB could cut deposit rate to 2% by summer

The European Central Bank could cut its deposit rate to 2% by summer, says Bank of France head Francois Villeroy de Galhau.

Citigroup and PepsiCo Roll Back DEI Policies Amid Legal Scrutiny

Citigroup (C) and PepsiCo (PEP) roll back DEI policies, joining Meta, Walmart, McDonald's, Lowe's, Ford, Tractor Supply, John Deere, and Target in retreat from corporate diversity programs.

Tokyo Inflation Seen Slowing as Government Eases Energy Burden

Tokyo's consumer inflation likely slowed in February due to eased energy burden, Reuters poll finds. Core CPI seen rising 2.3%, down from 2.5% in January, as government resumes support measures.

Intel's Stock Jumps 16% Amid Rumors of Potential Deals

Intel shares jump on reports of potential deals with Broadcom and TSMC to split the company into two.

Chinese Developers Struggle to Sustain Rally Amidst Government Ambivalence

Chinese developers face a setback in their market recovery efforts, as a brief rally in credit and share markets fades, reflecting investor demands for further government support within the property sector.

Meta Soars as Hyperscalers Struggle: AI Investments Drive Growth

Despite Big Tech's struggles, Meta thrives with strong AI investments, driving growth, ad revenue, and user engagement. Its open-source approach and Llama large language model attract investors, positioning it well for future monetization and industry leadership in AI.

Senate Republicans Want New Electric Vehicles to Pay $1,000 Road Use Fee

Senate Republicans propose a $1,000 tax on electric vehicles to fund road repairs, since EVs don't pay gas taxes.

IPG Photonics misses Q4 earnings, revenue beats

IPG Photonics (IPGP) posted a Q4 loss per share of 18 cents, below estimates. Revenue was $234.3 million, above estimates. Fiscal 2022 loss was $181.5 million, with revenue of $977.1 million.

Trump 2.0 Off to a Rocky Start for Wall Street

January was not the boom month Wall Street anticipated under Trump 2.0. Dealmaking slowed, tax breaks for hedge funds/private equity firms are threatened, and big banks face scrutiny over "debanking" customers.

Trump Targets Hedge Fund Tax Break In Tax Cut Talks

Trump Targets Hedge Fund Tax Break in Talk With GOP Lawmakers