Jonathan Heath, deputy governor of the Bank of Mexico, questioned the institution’s official outlook and warned that current estimates may be overly optimistic. Heath argued it is unlikely that inflation …
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Investing
Here’s why Astera Labs stock price crashed despite strong earnings report
by adminby adminAstera Labs stock suffered a harsh reversal after the company published strong financial results that missed some analysts’ estimates. ALAB dropped to a low of $164 in the extended hours, …
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Cloudflare stock price surged by over 15% in the extended hours after the tech giant released strong financial results and boosted its guidance amid the ongoing AI demand. NET jumped …
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Stock
Nvidia stock bucks the market trend to surge around 1.5% after analysts lift target
by adminby adminNvidia stock moved higher early on Wednesday, even as broader markets struggled, after an analyst upgrade reinforced optimism around the chipmaker’s earnings outlook and long-term artificial intelligence positioning. Nvidia shares …
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Bernstein analyst Gautam Chhugani “sees no point in turning negative” on Robinhood (NASDAQ: HOOD) even though the company posted weaker-than-expected Q4 revenue today. On Feb. 11, the fintech reported $1.28 …
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Politics
Trump, Netanyahu to meet at White House in high-stakes talks on Iran, Gaza plan
by adminby adminIsraeli Prime Minister Benjamin Netanyahu will meet President Donald Trump at the White House on Wednesday in a visit expected to center on Iran, as Washington weighs diplomacy against the threat …
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Politics
Vance warns Iran that ‘another option on the table’ if nuclear deal not reached
by adminby adminVice President JD Vance warned Iran that there is ‘another option on the table’ if the regime does not make a nuclear deal with the U.S. Vance made the statement …
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Business
Landmark trial accusing social media companies of addicting children to their platforms begins
by adminby adminLOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening …
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The operator of outdoor apparel brand Eddie Bauer filed for Chapter 11 bankruptcy protection on Monday, becoming another mid-market retailer to fall prey to the adverse impact of shifting consumer …
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Business
Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear
by adminby adminGold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data. Over the past …