Tag: writers

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Amkor Q4 Revenue Misses Estimates, Guidance Disappoints

Amkor (NASDAQ:AMKR) falls short of revenue estimates in Q4 '24, with a 7% drop in sales to $1.63 billion. EPS beats estimates at $0.43, but guidance for Q1 '25 disappoints. Despite recent revenue declines, analysts project 8.5% growth over the next 12 months.

Job Cuts Continue: Salesforce, Kohl's, CNN, Starbucks, Meta, BlackRock, and More Announce Layoffs

Despite a strong financial performance, Salesforce is cutting staff and plans to lay off over 1,000 employees, reported Bloomberg. Companies like Meta, Microsoft, and BP are also conducting layoffs. See the list of companies planning or already implementing job cuts.

5 Signs the Bull Market Is at Risk

Five signs that highlight vulnerabilities in markets and could trigger big swings.

US Stocks Poised for Best Start to Presidential Term Since Reagan

The world's largest stock market is on track for its best start for a new US president since Ronald Reagan in 1985. Equities are hovering near all-time highs, with the S&P 500 up 2% this week. The dollar is poised for its biggest weekly drop since July 2023, and the MOVE Index of expected Treasury volatility is at its lowest since mid-December. While US equities may be more volatile this year due to concerns about AI investment spending, tariffs, and interest rates, any dip is likely to be a buying opportunity.