Posts with tag: web development
US economy grows at 2.3% in Q4, below expectations; consumer, government spending offset by investment decline. Core PCE rises 2.5%. Market sees less than 50% chance of Fed rate cuts before June meeting.
Published on: January 30, 2025, 04:03 PM UTC
Tesla aims to return to growth in 2025 after Q4 revenue rose just 1% and profits declined. Despite missing analyst estimates, paid, unsupervised FSD is coming to Austin, Texas, in June, with plans for US-wide availability by 2025.
Published on: January 30, 2025, 04:01 PM UTC
US stocks climbed on Thursday, with the Nasdaq and S&P 500 attempting a rebound, as investors analyzed earnings from tech behemoths and awaited Apple's (AAPL) results for clues on the prospects of Big Tech.
Published on: January 30, 2025, 03:01 PM UTC
In this article, President Donald Trump criticizes the Federal Reserve for keeping interest rates steady and suggests his plans for economic recovery. Powell emphasizes the Fed's independence and discusses the potential effects of Trump's proposed policies on monetary policy.
Published on: January 30, 2025, 01:03 PM UTC
UPS shares dropped 10% premarket after disappointing quarterly results. Revenue increased, but net income and earnings per share missed estimates. UPS issued a 2025 revenue outlook below expectations and announced efficiency initiatives.
Published on: January 30, 2025, 12:01 PM UTC
Tesla (TSLA) stock rose 4% in extended trading after Q4 results showed a 2% revenue increase and a 3% rise in adjusted net income. Tesla expects auto business growth in 2025, plans new vehicle production, and anticipates volume growth due to advancements in vehicle autonomy and new product launches.
Published on: January 30, 2025, 08:01 AM UTC
Molson Coors buys 8.5% stake in Fevertree Drinks for $88.3 million. Fevertree, a British company known for its cocktail mixers and other lightly flavored sodas, will return the proceeds to shareholders via a share buyback program.
Published on: January 30, 2025, 08:00 AM UTC
Oil prices edge up as investors await clarity on US trade policy, with Trump's pick for commerce secretary indicating Canada and Mexico may avoid import levies.
Published on: January 30, 2025, 12:01 AM UTC
First Interstate BancSystem Inc. (FIBK) reported fourth-quarter profit of $52.1 million, or 50 cents per share, exceeding Wall Street expectations.
Published on: January 29, 2025, 11:07 PM UTC
Bond traders remain uncertain about interest rates after the Federal Reserve meeting, as President Trump's policies create ambiguity. The Fed paused its rate-cutting cycle, citing progress in inflation control. However, Chair Powell declined to comment on the potential impact of Trump's tariff and tax policies on the economy, leaving traders cautious. Treasury yields were little changed, reflecting the Fed's wait-and-see approach and uncertainty about Trump's policies.
Published on: January 29, 2025, 11:04 PM UTC