Month: February 2025

In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer gave optimistic commentary for its fiscal 2026 and delayed annual report that overshadowed its slashed fiscal 2025 revenue
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U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., February 11, 2025.  Craig Hudson | Reuters Federal Reserve Chair Jerome Powell asserted Tuesday that the central bank will not develop its own
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Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Citadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump‘s combative approach to U.S. trade policy. “From my vantage point, the
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Can a 50-year-old still retire a millionaire? The good news is, yes, even starting in your 50s, you can still end up a millionaire. Obviously, it will take more diligent financial planning and investing to reach the millionaire or multi-millionaire club the later you begin accumulating wealth. There are simple steps to follow in order
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT — President Donald Trump‘s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according
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Richard Stephen | Istock | Getty Images The advisory group known as the Department of Government Efficiency, led by billionaire Elon Musk, has moved quickly to curb government spending at federal agencies including the U.S. Agency for International Development and the Consumer Financial Protection Bureau. At a rally Monday outside the Social Security Administration’s Maryland
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Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income. Net profit attributable to the group came in at 1.969 billion euros ($2.03 billion) in the fourth quarter, compared with an analyst forecast of 1.803 billion euros, according to
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A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024.  Bloomberg | Bloomberg | Getty Images Shares of Kering popped on Tuesday after the French luxury goods firm reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The
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Actor Harrison Ford touts Jeep and Americana while taking a dig at another Detroit automaker during Stellantis Stellantis DETROIT — A CEO’s exit, electric vehicles making the industry run around like “headless chickens” and a company’s U.S. revival all came together to make Ram and Jeep parent Stellantis the only automaker with a Super Bowl
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In this article DBSM-SG Follow your favorite stocksCREATE FREE ACCOUNT Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10, 2025. DBS shares jumped after the lender reported earnings that met expectations and unveiled a investor payout plan.  Bloomberg | Bloomberg | Getty Images After
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US President Donald Trump speaks during the National Prayer Breakfast at the US Capitol in Washington, DC, on February 6, 2025.  Mandel Ngan | Afp | Getty Images As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for
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In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the quarter. But shares of the company rose more than 4% in morning trading as executives predicted sales would improve in
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