05-02-2025
Investors perhaps wanted more oomph in the forecast after Arm’s stock rose 40% to start 2025.
05-02-2025
Costco said its revenue last month rose 9.2% year over year to $19.51 billion. The company’s shares slipped fractionally after hours on Wednesday.
05-02-2025
Carmaker raises alarm with a light guidance for the year, saying profits will be marred by “headwinds related to market factors.”
05-02-2025
Chipotle’s outlook didn’t factor in President Trump’s new tariffs. Analysts noted that it also didn’t factor in any gains for potential new menu items — like honey chicken.
05-02-2025
One area of concern for the U.S. economy is that big businesses may be pulling back from making new investments given the uncertainty surrounding the economic policies of the Trump administration, Richmond Fed President Tom Barkin said on Wednesday.
05-02-2025
The company announced in its last earnings report a plan to raise $42 billion to buy bitcoin in three years. It’s already spent nearly half of that.
05-02-2025
The U.S. has very high corporate profits, very high asset prices, very high fiscal deficits, very high trade deficits, and very low wages versus history, notes Deutsche Bank. Does something have to give?
05-02-2025
Alphabet has seen ‘one of the more negative reactions to earnings reports this earnings season,’ says Bespoke Investment Group
05-02-2025
Cannabis stocks tend to move on speculation around potential federal reforms around pot.
05-02-2025
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.
05-02-2025
As concerns around President Donald Trump’s tariff plans weighed on cryptocurrencies this week, ether experienced a sharper selloff than bitcoin — extending its underperformance despite some traders’ hope that it could make a turnaround this year.
05-02-2025
Mortgage applications rose 2.2% in the last week, the Mortgage Bankers Association said.