Tag: world news

**iRhythm (NASDAQ:IRTC) Q4 Earnings Beat Estimates, Stock Soars** iRhythm Technologies reported strong Q4 2024 results, exceeding revenue expectations with 24% year-on-year growth to $164.3 million. The company's non-GAAP profit of $0.01 per share significantly surpassed analyst estimates. This earnings release provides insights into the company's financial performance, growth potential, and key takeaways for investors.

Published on: February 20, 2025, 11:05 PM UTC

Gold surges to record high amid geopolitical risks, trade war fears, and US gold verification plans. Market experts predict further gains as central bank demand and speculative positioning drive prices towards $3,300 by year-end.

Published on: February 20, 2025, 09:02 PM UTC

Walmart Q4 CY2024: Revenue meets expectations, EPS beats estimates; stock drops on guidance miss. Read our full report for analysis on sales growth, store performance, key takeaways, and valuation.

Published on: February 20, 2025, 01:05 PM UTC

European bonds dip and defense stocks rally as geopolitical tensions heighten, boosting defense spending and potentially increasing government borrowing.

Published on: February 17, 2025, 04:00 PM UTC

Yelp (NYSE: YELP) reported strong Q4 results, beating analysts' revenue expectations. Revenue grew 5.7% year-over-year to $362 million, driven by growth in the Advertising segment. The company also reported better-than-expected EPS of $0.62, a 17.9% beat. For the full year, Yelp expects revenue of $1.48 billion, in line with analysts' estimates. Management's revenue guidance for the upcoming financial year 2025 is $1.48 billion at the midpoint, implying 4.6% growth. Adjusted EBITDA guidance for the upcoming financial year 2025 is $352.5 million at the midpoint, below analyst estimates of $362.9 million.

Published on: February 13, 2025, 10:04 PM UTC

Intel (INTC) stock rose after Vice President JD Vance emphasized building AI chips in the US. Intel is the only large-scale American leading-edge foundry for computer chips. Despite internal issues and competition from TSMC, Intel remains a US hope for domestic AI chip production.

Published on: February 12, 2025, 10:03 PM UTC

Inflation rose more than forecast in January, with core prices reversing last month's easing. The CPI increased 3% over the prior year, while core prices rose 3.3%. Used-car prices saw another strong uptick. Economists and Fed officials point to a "bumpy" road ahead, with the Fed's path forward complicated by President Trump's protectionist trade policies.

Published on: February 12, 2025, 10:02 PM UTC

Fed Chair Powell signals patience on interest rate adjustment, citing strong economy and elevated inflation

Published on: February 11, 2025, 07:01 PM UTC

Mortgage rates remain high, and consumers are losing hope that they will fall anytime soon. Fannie Mae's latest survey shows that only 35% of respondents expect rates to drop in the next 12 months, down from 42% in December. The share of consumers who think rates will rise jumped to 32%, from 25%.

Published on: February 07, 2025, 07:02 PM UTC

President Trump targets hedge fund tax break in meeting with Republican lawmakers on tax cuts. The move could face intense lobbying from the hedge fund industry and private equity firms.

Published on: February 07, 2025, 01:02 AM UTC