2025-04-25
Amazon And Nvidia Say A.I. Data Centre Demand Remains Strong
Technology giants Amazon (AMZN) and Nvidia (NVDA) say that the construction of artificial intelligence (A.I.) data centres remain strong despite growing fears of a U.S. recession.There were concerns in recent weeks that technology companies such as Amazon and Microsoft (MSFT) were pulling back their spending on A.I. data centres amid heightened uncertainty.“We continue to see very strong demand, and we’re looking both in the next couple years as well as long term and seeing the numbers only going up,” said Kevin Miller, Amazon’s vice- president of global data centers at a recent energy...
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LIVE: Brent and WTI Oil Prices Recover on Market Optimism - Crude Oil Prices Today | OilPrice.com
LIVE: Brent and WTI Oil Prices Recover on Market Optimism Crude Oil Prices Today | OilPrice.comOPEC+ to consider another accelerated oil output increase for June, sources say The Globe and MailOil Prices Rebound on Hopes of U.S.-China Tariff De-escalation Crude Oil Prices Today | OilPrice.comOil Claws Back Loss With Focus on OPEC+ Supply and Trade Outlook Financial PostOil prices down about 1% after Kazakhstan defiance on high crude output Yahoo
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LIVE Brent and WTI Oil Prices Recover on Market Optimism - Crude Oil Prices Today | OilPrice.com
LIVE Brent and WTI Oil Prices Recover on Market Optimism Crude Oil Prices Today | OilPrice.comOPEC+ to consider another accelerated oil output increase for June, sources say The Globe and MailOil Claws Back Loss With Focus on OPEC+ Supply and Trade Outlook Financial PostOil prices down about 1% after Kazakhstan defiance on high crude output YahooOil prices recover some of previous day's losses Reuters
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Bristol Myers Slides on Topping Quarterly Estimates
Bristol Myers Squibb (NYSE:BMY) on Thursday beat first-quarter estimates and hiked its revenue and profit guidance for the year, as the drugmaker cuts costs.The company now expects 2025 revenue to come in between $45.8 billion and $46.8 billion, up from a previous outlook of around $45.5 billion. Bristol Myers also projects full-year adjusted earnings of $6.70 to $7 per share, which compares with its prior forecast of $6.55 to $6.85 per share. Notably, the company said its guidance revisions include the estimated impact of current tariffs on U.S. products shipped to China. But they do not...
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Stocks in Play: Gunnison Copper Corp
Thursday, April 24, 20259:56 AM EST - Gunnison Copper Corp : Announced that Gunnison, Gunnison's wholly-owned subsidiary Excelsior Mining Arizona, Inc. dba Gunnison Copper and Nebari Natural Resources Credit Fund I LP have entered into to a Second Amended and Restated Credit Agreement. The Second ARCA encompasses certain amendments to the First Amended and Restated Credit Agreement dated December 22, 2021 that were announced on March 3, 2025. Gunnison Copper Corp (T.GCU) shares were unchanged at 0.27.Stocks in Play: Gunnison Copper Corp, Thu, 24 Apr 2025 09:57:06 EST
Read more2025-04-23
PROG Skids on Q1 Numbers
PROG Holdings, Inc. (NYSE:PRG) watched its stock prices plunge Wednesday. PROG, the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced financial results for the first quarter ended March 31, 2025.Consolidated revenues were $684.1 million, an increase of 6.6% from the same period in 2024.Consolidated net earnings were $34.7 million, compared with $22.0 million in the prior year period. The effective income tax rate was 26.5% in the first quarter. Adjusted EBITDA for the quarter was $70.3 million, or 10.3% of revenues, compared with $72....
Read more2025-04-23
Asia Spikes on De-Escalation Hope
Asia-Pacific markets climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease.In Japan, the Nikkei 225 soared 648.03 points, or 1.9%, to 34,868.63In Hong Kong, the Hang Seng Index hiked 510.3 points, or 2.4%, to 22,072.62. This comes after U.S. President Donald Trump indicated that final tariffs on Chinese exports to the U.S. “won’t be anywhere near as high as 145%.” However, he added that the duties “won’t be 0%.”Trump also said he has “no intention” to fire Federal Reserve chair Jerome Powell...
Read more2025-04-22
Wall Street rallies and recovers Monday’s losses as the dollar and U.S. bond market steady - BNN Bloomberg
Wall Street rallies and recovers Monday’s losses as the dollar and U.S. bond market steady BNN BloombergTuesday's market rally shows Wall Street wants Trump to embrace 'the art of the backpedal' CNBCUS Stocks Trim Gains on Tariff Uncertainty: Markets Wrap Financial PostCanada, U.S. stock markets rally as economic uncertainty persists Global NewsStocks Market Jumps 2%, but Today's Data Was Worse Than You Think The Globe and Mail
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Wall Street opens lower as Trump takes aim at Powell By Reuters - Investing.com
Wall Street opens lower as Trump takes aim at Powell By Reuters Investing.comUS stock markets fall again as Trump calls Fed chair ‘a major loser’ The GuardianDow tumbles 1,000 points as Trump's Powell attacks add to investors' concerns: Live updates CNBCTrump: 'Loser' Powell waiting too long to cut rates NBC NewsPresident Trump Attacks Fed Chair Powell Again, Calls Him ‘Major Loser’ Barron's
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Schwab Retreats on Extending Partnership with 4-H
Charles Schwab (NYSE:SCHW) is extending its long-standing partnership with National 4-H Council (4-H), America’s largest youth development organization that reaches nearly six million young people each year. Originally launched in 2019, the partnership has already made significant strides empowering thousands of youth across the country with essential financial literacy skills through Smart Cents, a research-backed financial literacy program for youth ages eight-18 delivered through local teachers and educators.This new grant will build upon the existing grant work of both organizations by...
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Tilray Brands Announces Reverse Stock Split
Cannabis firm Tilray Brands (TLRY) is planning to undertake a reverse stock split.Tilray’s stock currently trades at $0.45 U.S. per share on the Nasdaq Composite exchange and the company is in danger of having its shares delisted if it can’t get the price back up to $1 U.S.Reverse stock splits artificially inflate a share price. In Tilray’s case, the split could help to get the struggling stock back above $1 U.S.Tilray Chief Executive Officer (CEO) Irwin Simon says the company will ask its shareholders to approve a plan that would allow a reverse stock split of its common shares at a...
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Today's Trades: Netflix, Lilly, D.R. Horton
Tariffs are all that stock markets and consumers may think of. To avoid its negative impact, investors looked at Netflix’s (NFLX) strong subscription results in its last quarter.NFLX stock closed up by 5.63% last week. The firm posted $6.61 in GAAP EPS on revenue of $10.54 billion (+12.5% Y/Y). It is forecasting a 15% revenue growth for the second quarter. Consumers will likely shield themselves from the reality of inflation through entertainment. Netflix is a dominant streaming service, compared to that offered by Warner Bros Discovery (WBD), Comcast (CMCSA), and Disney (DIS).In the obesity...
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