Posts with tag: web development
Palantir stock has soared since going public in 2020. Retail investors have embraced the company, drawn to its disruptive technology and charismatic CEO, Alex Karp. As a result, Palantir's success may be largely due to its devoted retail investor base.
Published on: February 08, 2025, 06:00 PM UTC
General Motors and Jack Cooper's partnership is in jeopardy after GM stopped providing Jack Cooper with vehicles to transport due to a contract breach.
Published on: February 08, 2025, 06:00 PM UTC
Elon Musk spoke at a JPMorgan conference attended by CEO Jamie Dimon, discussing topics like government efficiency. Amidst settled legal differences, Musk and JPMorgan engage in a wide-ranging conversation moderated by David Rubenstein.
Published on: February 07, 2025, 11:00 PM UTC
Oil prices fall on trade war fears, set for third weekly decline
Published on: February 07, 2025, 06:01 PM UTC
Treasury Secretary Scott Bessent vets Treasury employee on Musk's government efficiency team, assures no data tampering. Bessent expresses confidence in Musk's team's abilities, highlighting their professionalism and potential cost savings.
Published on: February 07, 2025, 06:01 PM UTC
The Hundred, a cricket tournament in England, attracts significant investment from India and the United States. Billionaire tech investors, including Google CEO Sundar Pichai and Microsoft CEO Satya Nadella, have purchased a stake in London Spirit. Indian investors from the IPL, such as Sunrisers Hyderabad, have also acquired shares in other franchises. The investment is expected to raise over 500 million pounds ($620 million) for English cricket.
Published on: February 07, 2025, 04:04 PM UTC
US stocks fell on Friday after a report showed consumer inflation expectations rose and job growth was slower than expected, erasing earlier gains.
Published on: February 07, 2025, 04:01 PM UTC
US stocks edged higher Friday, boosted by jobs data showing resilience in the labor market. The S&P 500 gained 0.1%, while the Nasdaq Composite added 0.3%. Amazon's disappointing revenue outlook weighed on shares, dropping 2% in early trading. The monthly jobs report showed the US economy added 143,000 jobs in January, below expectations but indicating a resilient labor market. The unemployment rate ticked down to 4.0% from 4.1% in December.
Published on: February 07, 2025, 03:02 PM UTC
The Bureau of Labor Statistics revised its estimate of job creation in the past year to 598,000 fewer than previously reported. The final nonfarm payrolls benchmark revision was less than the 818,000 reduction estimated in August. Economists had expected the level of employment over the 12-month period to be reduced by about 668,000 jobs following updates to the Quarterly Census of Employment and Wages data.
Published on: February 07, 2025, 02:00 PM UTC
CBOE Global Markets reports Q4 net income of $196.5 million, missing expectations. Adjusted revenue also fell short of estimates, while annual profit and revenue increased.
Published on: February 07, 2025, 01:05 PM UTC