Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 16.3% year on year to $7.85 billion. On the other hand, next quarter’s revenue guidance of $7.4 billion was less impressive, coming in 6.4% below analysts’ estimates. Its non-GAAP profit of $0.49 per share was in line with analysts’ consensus estimates.
Wall Street is turning its back on Elon Musk
Liberals and government employees aren’t the only people angry with Elon Musk. Tesla’s plunging share price means many investors are angry, too.
Asure (NASDAQ:ASUR) Reports Q4 In Line With Expectations, Growth To Accelerate Next Year
Online payroll and human resource software provider Asure (NASDAQ:ASUR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.2% year on year to $30.79 million. On the other hand, next quarter’s revenue guidance of $34 million was less impressive, coming in 4.7% below analysts’ estimates. Its GAAP loss of $0.12 per share was significantly below analysts’ consensus estimates.
Fed’s Waller Still Sees Potential for Two to Three Cuts in 2025
(Bloomberg) -- Federal Reserve Governor Christopher Waller said he wouldn’t support lowering interest rates in March, but sees room to cut two, or possibly three, times this year.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year Low“I
Tesla stock sinks 6% after Baird analysts say Musk's government role adds 'uncertainty' to delivery outlook
Tesla stock sank Thursday after Baird lowered its price target on the EV maker.
Wall Street Goes From Hope to Panic as Nasdaq 100 Nears a Correction
(Bloomberg) -- Just two weeks ago, high-flying mega-tech stocks and their chipmaking cousins were powering the Nasdaq 100 Index to yet another record. Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowIt was the 53rd all-time high
US stocks slide and Nasdaq enters correction as chaos over Trump’s tariffs intensifies
The rocky week on Wall Street continued on Thursday as investors grappled with further uncertainty from President Donald Trump’s tariffs.
This country is looking to cut crypto taxes to just 20% to attract investors
“This proposal positions crypto assets as a new asset class that is different from securities," a parliamentarian said.
Slash interest rates to save the economy, says Bank policymaker
The Bank of England must slash interest rates to shore up the struggling economy, a top policymaker has warned, rejecting Andrew Bailey’s call for “gradual and careful” steps on borrowing costs.
WendyO slams JPMorgan for dismissing XRP, Solana, and Cardano in U.S. crypto reserve debate
Crypto influencer WendyO slams JPMorgan for dismissing XRP, Solana, and Cardano in the U.S. crypto reserve debate, accusing the bank of contradicting its own stance on digital assets.