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Check out the companies making headlines in after-hour trading. Arista Networks â Shares of the cloud computing stock slid 7%. First-quarter revenue narrowly beat LSEG consensus estimates, coming in at $2.00 billion, versus the $1.97 billion the Street expected. Adjusted earnings also beat estimates, landing at 65 cents a share, compared to the 59 cents […]
The Federal Reserve heads into its closely watched policy decision Wednesday with a strong incentive to do absolutely nothing. Faced with unresolved questions over President Donald Trump’s tariffs and an economy that is signaling both significant strengths and weaknesses, central bank policymakers can do little for now except sit and wait as events unfold. “It’s
The Fed meets with uncertainty permeating the air. Here's what to expect Read More »
“The Art of the Deal” author President Donald Trump said in a surprising comment Tuesday that the United States does not need to “sign deals” with trade partners, despite top White House officials claiming for weeks that such deals are the administration’s top priority. “Everyone says, ‘when, when, when are you going to sign deals?’” Trump
Trump downplays tariff talks: 'We don't have to sign deals' Read More »
As the shock of Warren Buffett’s exit settles in, one question about the succession has become the elephant in the room â Who will handle Berkshire Hathaway’s $275 billion portfolio of stocks? The legendary, 94-year-old investor is stepping down as chief executive officer at the end of 2025 after an epic 60-year run, but will
The $275 billion question: Who handles Berkshire's stock portfolio after Warren Buffett Read More »
Check out the companies making headlines in midday trading: Palantir â Shares tumbled 13.4%. Palantir posted $884 million in first-quarter revenue , while analysts polled by LSEG penciled in $863 million. However, earnings per share came in line with Wall Street expectations at 13 cents. Ford Motor â The automaker advanced 3.2% on better-than-expected first-quarter
Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more Read More »
Billionaire hedge-fund manager Paul Tudor Jones said Tuesday stocks are bound to hit new lows even if President Donald Trump tones down his aggressive tariffs on China. “For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock
Check out the companies making headlines before the bell. Palantir Technologies â The defense technology stock fell more than 8% after it earned an adjusted 13 cents per share in the first quarter, matching analyst expectations, according to LSEG, while revenue of $884 million topped the $863 million that analysts were looking for. Palantir also
Even though inflation hasn’t yet declined to policymakers’ target level, some pockets of the U.S. economy have seen prices fall recently. Consumers have seen prices deflate for airfare, produce, household goods, electronics and gasoline, for example, according to the consumer price index, an inflation gauge. (Deflation is when prices decline, while disinflation is when prices
Airfare, produce and TVs: Which prices are falling for consumers Read More »
Check out the companies making headlines in extended trading: Palantir Technologies â Shares dropped nearly 7% after the defense tech company reported first-quarter earnings that were in line with Wall Street’s expectations. Adjusted earnings of 13 cents per share came in line with the consensus estimate, per LSEG. Palantir reported $884 million in revenue, topping
Check out the companies making headlines in midday trading. Berkshire Hathaway â Warren Buffett’s conglomerate saw shares drop more than 4%, retreating from record highs reached on Friday. Monday’s sell-off came after the 94-year-old Buffett announced his intention to step down as CEO. The board voted unanimously on Sunday to make Greg Abel president and
