Tag: web development

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US Stocks Rise as Trump Plans Tariffs, Inflation Stays High

Stocks rise despite tariffs; inflation remains a concern

US Wholesale Prices Rise More Than Expected

U.S. wholesale prices unexpectedly jump 0.4% in January, raising inflation concerns.

Reddit Growth Disappoints as Google Algorithm Change Slows User Numbers

Reddit's user growth falls short of expectations, leading to a decline in stock prices. The company is investing in advertising and AI to compete with rivals Meta Platforms and Google.

IRadimed Q4 Profit Falls 19%

IRadimed Corp. (IRMD) reported fourth-quarter profit of $5.1 million, or 40 cents per share. Adjusted earnings were 44 cents per share. Revenue was $19.4 million.

Producer Prices Accelerate, Dimming Hopes of Earlier Fed Rate Cuts

U.S producer prices increased solidly in January, strengthening market views that the Federal Reserve would not be cutting interest rates before the second half of the year. The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December.

UK Per Capita GDP Falls Despite Economic Growth

UK's per capita GDP falls for second quarter, prompting concerns about productivity and economic performance under Chancellor Rachel Reeves' policies.

Phinia Reports Earnings of $5 Million in Fourth Quarter

Phinia Inc. reports fourth-quarter earnings of $5 million, or 12 cents per share. Adjusted earnings were 71 cents per share. Revenue was $833 million. For the year, the company reported profit of $79 million, or $1.76 per share. Revenue was $3.4 billion.

CVS Gains 15% After Conservative Outlook, PBM Defense

CVS stock surges 15% on conservative 2025 outlook, earnings beat; CEO defends PBM unit

Google Backs $350M Funding Round For Humanoid Robot Maker Apptronik

Google joins the race for humanoid robots with Apptronik's $350M funding, targeting industrial and manufacturing use cases.

LXP Industrial Trust Reports Q4 FFO of 16 Cents Per Share

LXP Industrial Trust reports fourth-quarter funds from operations of $47 million, or 16 cents per share. For the year, the company reported funds from operations of $189.4 million and revenue of $358.5 million.