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Huawei reports 28 percent profit drop despite surge in revenue in 2024

Huawei Technologies reported a 28% decline in net profit for 2024, despite a surge in revenue. The company attributed this drop to significant investments in advanced technologies, reflecting its commitment to innovation amid challenging market conditions.
Ottumwa Courier
Huawei Technologies CO. Ltd. CHN Elaine Kurtenbach
Business & Industry, News Article
14:07 31.03.2025

Wall Street fluctuates as bitcoin reaches new heights ahead of Fed meeting

Wall Street saw mixed results as Bitcoin surged past $107,000, fueled by optimism over potential pro-digital currency policies from President-elect Trump. The Federal Reserve is expected to announce a third consecutive interest rate cut, aiming to support a slowing job market while managing inflation, which remains a concern. Broadcom's stock rose 6.8% after a strong earnings report, while Nvidia fell 2.5%, reflecting its significant impact on the S&P 500.
ajc
Honeywell International Inc. Broadcom Inc. NVIDIA Corporation KOR CHN USA Donald Trump Yoon Suk Yeol Elaine Kurtenbach Jerome Powell Show more
Finance & Economy, Market Report
07:20 16.12.2024

Wall Street remains steady ahead of key inflation data release

Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 nearly unchanged and the Dow down slightly. Oracle's stock fell 7.7% after disappointing growth results, while C3.ai rose 4.3% on better-than-expected losses. Treasury yields increased ahead of upcoming inflation reports, influencing expectations for the Federal Reserve's interest rate decisions.
New Orleans CityBusiness
United States Dollar Alaska Air Group, Inc. C3.ai, Inc. Toll Brothers, Inc. Oracle Corp Vail Resorts, Inc. USA Safra Catz Matt Ott Elaine Kurtenbach Douglas C. Yearley, Jr. Show more
Finance & Economy, Market Report
21:18 10.12.2024

wall street drifts as investors await key inflation data

Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth results, while Alaska Air Group surged 12.2% on strong holiday demand forecasts. Treasury yields rose slightly ahead of upcoming inflation reports, as the Federal Reserve prepares for its next meeting amid ongoing interest rate cuts.
The Hill
United States Dollar Eli Lilly and Company Alaska Air Group, Inc. C3.ai, Inc. Toll Brothers, Inc. Oracle Corp CHN USA HKG Safra Catz Elaine Kurtenbach Matt Ott Show more
Finance & Economy, Market Report
15:49 10.12.2024

wall street drifts as investors await key inflation data

Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth results, while Alaska Air Group surged 12.2% on a positive profit forecast. Treasury yields edged higher ahead of upcoming inflation reports, influencing expectations for the Federal Reserve's interest rate decisions.
The Seattle Times
United States Dollar Eli Lilly and Company Alaska Air Group, Inc. C3.ai, Inc. Toll Brothers, Inc. Oracle Corp CHN USA HKG Safra Catz Elaine Kurtenbach Matt Ott Show more
Finance & Economy, Market Report
06:26 10.12.2024

Wall Street drifts as investors await key inflation data updates

Wall Street remained quiet as investors awaited inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth, while Alaska Air Group surged 12.2% on a positive profit forecast. Treasury yields edged higher ahead of key inflation reports, as the Federal Reserve prepares for a potential interest rate cut.
AP News
United States Dollar Eli Lilly and Company Alaska Air Group, Inc. C3.ai, Inc. Toll Brothers, Inc. Oracle Corp CHN USA HKG Safra Catz Elaine Kurtenbach Matt Ott Show more
Finance & Economy, Market Report
06:24 10.12.2024

wall street drifts as investors await key inflation data

U.S. stock indexes are drifting ahead of key inflation data, with the Dow Jones down 139 points and Oracle's shares falling 9.2% after disappointing growth results. Treasury yields rose slightly as investors await inflation reports that could influence the Federal Reserve's interest rate decisions. Meanwhile, Alaska Air Group surged 12.2% on strong holiday demand forecasts.
ABC News
United States Dollar Eli Lilly and Company Alaska Air Group, Inc. C3.ai, Inc. Toll Brothers, Inc. Oracle Corp CHN USA HKG Safra Catz Elaine Kurtenbach Matt Ott Show more
Finance & Economy, Market Report
06:24 10.12.2024

wall street remains steady as investors await key inflation data

Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth results, while C3.ai dropped 6.9% despite a smaller-than-expected loss. Treasury yields rose slightly ahead of upcoming inflation reports, as the Federal Reserve prepares for a potential interest rate cut next week.
US News & World Report
United States Dollar Eli Lilly and Company Alaska Air Group, Inc. C3.ai, Inc. Toll Brothers, Inc. Oracle Corp CHN USA Safra Catz Elaine Kurtenbach Matt Ott Show more
Finance & Economy, Market Report
06:24 10.12.2024
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