The EV stock appears to have benefited as some investors regained a bit of optimism about the market due to upbeat quarterly results from several companies. The tech-heavy Nasdaq Composite index closed Thursday up 2.7% after Dollar Tree's quarterly earnings came in higher than analysts' average estimate. Additionally, Chinese e-commerce giant Alibaba Holdings reported better-than-expected earnings -- news that gave a boost to other tech stocks.
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank. Fed officials through much of their battle with a pandemic-driven breakout of inflation said they thought it would take a period of below-trend growth to really bring price pressures into line, and the 1.6% rate of expansion registered in the first quarter met that mark after a period above the central bank's median 1.8% estimate of noninflationary potential. But prices have remained sticky, with the personal consumption expenditures price index over the first quarter rising at a 3.4% annual rate versus the Fed's 2% target.
ARLINGTON, Va., April 25, 2024--Higher Logic, the industry-leading community engagement company, announced a new integration within its Higher Logic Vanilla platform with SlapFive, the leading customer marketing and advocacy platform.
The annual general meeting of AS Tallinna Sadam (hereinafter: Tallinna Sadam) was held on 25 April 2024 at 14.00 in the cruise terminal at Old City Harbour (Logi street 4/2, Tallinn). The notice on calling the annual general meeting was published on 4 April 2024 in the stock exchange information system, on Tallinna Sadam website https://www.ts.ee/en/investor/agm/ and in the daily newspaper “Postimees”. The list of shareholders entitled to participate at the annual general meeting was fixed as of
Harvey Weinstein's 2020 rape conviction has been overturned. The New York Court of Appeals ruled on Thursday (25.04.24) with a majority 4-3 vote that the disgraced movie mogul did not receive a fair trial after they found prosecutors were allowed to call witnesses whose accusations were not the focus of the case. As a result, the ruling declared Weinstein - who will remain in prison for a separate 2022 rape conviction - had been tried on his past behaviour, not solely the crimes he had been char
Valuable Presentations with Customers Include: Offering a Sustainable, Modern Supply Chain IT Strategy, Navigating the Transformation of Warehouse Labor Operations, and The Data Cloud: Core Engine Driving Arcadia’s Operational Dynamics Blue Yonder ICON 2024 Blue Yonder ICON 2024 DENVER, April 25, 2024 (GLOBE NEWSWIRE) -- NetLogistik, a leading provider of transformative services for supply chain digitalization, announces its participation in the Blue Yonder ICON 2024 conference, scheduled for Ma
Nasdaq beat estimates for first-quarter revenue on Thursday, driven by strong demand for its financial technology products used by traders and investors to navigate the capital markets. Revenue from its financial technology unit surged 71% to $392 million in the first quarter, while revenue from its index business jumped 53% to $168 million. "Our performance underscores the durability of our business model and our ability to deliver growth across uncertain environments," said Adena Friedman, chief executive officer, at Nasdaq on an analysts' call.
New York court says Hollywood mogul, who remains in prison on other charges, did not receive a fair trial.
SPRINGFIELD, Mass., April 25, 2024--As widespread access to broadband continues to lag throughout much of Central and Western Massachusetts, GoNetspeed will host the Massachusetts Broadband Legislative Summit on Monday, May 13th, 2024 to focus on innovative solutions to deliver broader access to high-speed internet service. Information and registration are available at www.gonetspeed.com/broadband-summit.
FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.KEY INFORMATION (a)Full name of discloser:Invesco Ltd. (b)Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c)Name of offeror/offeree in relation to whose relevant securities this
Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "Development of Electric Vehicles (EV) in Surface & Underground Mining, 2024" report has been added to ResearchAndMarkets.com's offering. The report analyses the development of electric vehicles in the mining industry, tracking additions over time and specifying the exact brands and models used across each mine. Future plans for further additions or introductions of electric vehicles are included as well as details of the benefits achieved from the
What impact will Labour's pledge to nationalise the railways have?
City Comment: Change is coming too slowly at the giant investment bank
NEW YORK, April 25, 2024--Wolter’s Kluwer’s MediRegs has been named a winner in the Healthcare category of the 2024 BIG Innovation Awards. The solution, offered by the company’s Legal & Regulatory division, recently launched an Analytical APIs service leveraging automated analytics. Healthcare revenue cycle, reimbursement, and audit professionals can now use MediRegs to bolster efficiency and cash collections during the audit and appeals process.
Passengers are advised to check their airline's website for cancellations and delays
Defending national champion Michigan will go into preseason practice with a three-man competition to replace J.J. McCarthy. Kansas State transfer Will Howard and Devin Brown are the front-runners to take over at Ohio State for Kyle McCord, who transferred to Syracuse. At Michigan State, the assumption was that Aidan Chiles would be the guy when he transferred from Oregon State, the previous stop for first-year Spartans coach Jonathan Smith.
IBM (IBM) shares are falling in Thursday's pre-market trading session, marking their worst single-day decline since 2021. This plunge comes in the wake of the company's first-quarter results, which fell short of revenue estimates. Morning Brief anchors Seana Smith and Brad Smith discuss the report, shedding light on IBM's potential acquisition of cloud service provider HashiCorp (HCP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European market and the prolonged strike at its Spanish mill. The company said that there is no guarantee that the labour dispute at its Spanish steel mill Cadiz will be resolved in the short term. "The European market continues to be weak and has not experienced the expected recovery...even with the reduction in supply," the company said.
SCOTTSDALE, Ariz., April 25, 2024--Lessen, the premier tech-enabled, end-to-end solution for real estate property services, today announced the expansion of its leadership team with the addition of Kevin Owens as EVP, Multifamily. Owens brings over 25 years of real estate leadership experience to Lessen, with a track record of developing innovative property management solutions, leading operations, and delivering growth while improving the experience of residents.
NEWPORT NEWS, Va., April 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division has delivered Virginia-class fast-attack submarine New Jersey (SSN 796) to the U.S. Navy. New Jersey is the 11th Virginia-class submarine delivered by NNS, and the 23rd built as part of the teaming agreement with General Dynamics Electric Boat. “It is a proud day for our entire team when we deliver a high-quality submarine like New Jersey to the fleet,” said Jason War
ATLANTA, April 25, 2024--This year, SONIC® Drive-In is celebrating Teacher Appreciation Week with a bundle of craveable rewards for educators who belong to the free SONIC Teachers’ Circle rewards program. On May 6, Teachers’ Circle members will receive an extra-large thank you in the form of five separate rewards that can be redeemed for various FREE SONIC menu items.*
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