The central bank acknowledged that the euro area economy has been building up some resilience against global shocks, but the growth outlook has deteriorated due to rising trade tensions.
The company says orforglipron is the first oral small molecule glucagon-like peptide-1 (GLP-1) receptor agonist to successfully complete a Phase 3 trial.
Trump criticizes Fed Chair Powell for not cutting interest rates, despite market forecasts. Odds suggest Powell may stay put until summer. Trump threatens to remove him.
While Dow Jones futures were down by 1.2% at the time of writing, the S&P 500 futures gained 0.5%, while the tech-heavy Nasdaq 100’s futures were up 0.7%.
Health insurance company UnitedHealth (NYSE:UNH) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 9.8% year on year to $109.6 billion. Its non-GAAP profit of $7.20 per share was 1.3% below analysts’ consensus estimates.
U.S. markets closed lower due to Nvidia's warning and Fed Chair Powell's remarks. Retail sales rose, while industrial production declined. Asian markets were mixed. Oil prices rose on supply concerns, gold and silver prices fell. Dow futures up, dollar strong.
What a brutal six months it’s been for Verra Mobility. The stock has dropped 21% and now trades at $21.92, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
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Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Genpact (NYSE:G) and its peers.
Google, a part of Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG), is confronted with a £5 billion ($6.6 billion) class action lawsuit in the U.K. The company is accused of exploiting its dominant market position in the online search industry.
Well, the good news is: we finished off session lows. The closing bell rang, and we saw another step down in major market indexes, partly due to comments made early this afternoon by Fed Chair Jerome Powell.
