The BP logo is displayed outside a petrol station near Warminster in Wiltshire, England, on Aug. 15, 2022. Matt Cardy | Getty Images News | Getty Images British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins, announcing a $1.75 billion share buyback and a pledge to “fundamentally”
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
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
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
Sign on an empty supermarket shelf in Queens, New York. Lindsey Nicholson/UCG/Universal Images Group via Getty Images Wholesale egg prices have eclipsed record levels as the U.S. scrambles to contain a bird-flu outbreak — and consumers may soon see more sticker shock at their local grocer as a result, according to analysts. On Friday, average
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
In this article MSTR GME Follow your favorite stocksCREATE FREE ACCOUNT Traders work underneath GameStop Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, June 7, 2024. Michael Nagle | Bloomberg | Getty Images Shares of GameStop and MicroStrategy were on the rise Monday after Ryan
In this article SAP SCHW MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s and Charles Schwab have been outperforming the market this year, but now may be the time for investors to sell the stocks, according to James Demmert, chief investment officer of Main Street Research. Demmert appeared on CNBC’s “Power Lunch” on Monday to
President Donald Trump arrives in the Brady Press Briefing Room at the White House on Jan. 30, 2025 in Washington, DC. Oliver Contreras | Afp | Getty Images President Donald Trump likely won’t do away with a landmark process that allows Medicare to negotiate drug prices with manufacturers, even as he moves to erase Joe
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
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
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the U.S. Cleveland-Cliffs surged more
U.S. Sen. Elizabeth Warren (D-MA) speaks to a crowd gathered in front of the U.S. Treasury Department in protest of Elon Musk and the Department of Government Efficiency on Feb. 4, 2025 in Washington, DC. Anna Rose Layden | Getty Images U.S. senators expressed concern on Friday that Elon Musk’s cost-cutting effort, the Department of
Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White House in Washington, U.S., March 11, 2019. Jonathan Ernst | Reuters Consumer Financial Protection Bureau employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to
Tim Ferriss recently talked to Greg McKeown, offering “Tactics and Strategies for a 2025 Reboot,” and the Essentialsim author had a showstopper of a quote that caused me to “Wait, what?” and rewind: “What I have learned is this strange law of inverse prioritization,” McKeown said, “which is, I literally believe now that the most
In this article ELF Follow your favorite stocksCREATE FREE ACCOUNT Elf complexion sponges arranged in Germantown, New York, on July 17, 2023. Gabby Jones | Bloomberg | Getty Images E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and “softer than expected” sales trends in January, marking a rare
Maskot | Maskot | Getty Images Renters should reap the benefits of a lower-cost rental market while they can. It might not last, experts say. As of December, the median asking rent price in the U.S. was $1,695, down 0.5% — or $8 — from November, according to a report by Realtor.com. The latest rent price
In this article PINS Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Pinterest shares surged as much as 20% after the social media company reported fourth-quarter earnings Thursday that beat on revenue. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $1.15 billion vs. $1.14 billion
In this article VZ IBM EPR Follow your favorite stocksCREATE FREE ACCOUNT The IBM logo is displayed on a smartphone in Poland. Omar Marques | Lightrocket | Getty Images Talk around tariffs, the emergence of China’s DeepSeek and earnings of key companies have put the stock market on a roller-coaster ride. Investors seeking stable returns
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