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Many Americans are paying credit-card interest rates over 20%, but a new bill from a bipartisan duo would slice their card costs in half with a temporary rate cap of 10%.Many Americans are paying credit-card interest rates over 20%, but a new bill from a bipartisan duo would slice their card costs in half with a temporary rate cap of 10%. Many Americans are paying credit-card interest rates over 20%, but a new bill from a bipartisan duo would slice their card costs in half with a temporary rate cap of 10%.
Some analysts said tougher comparisons, harsher weather and holiday timing may have put pressure on the fast-casual chain’s recent sales.Some analysts said tougher comparisons, harsher weather and holiday timing may have put pressure on the fast-casual chain’s recent sales. Some analysts said tougher comparisons, harsher weather and holiday timing may have put pressure on the fast-casual chain’s recent sales.
Shares of Mattel Inc. jumped after hours on Tuesday after the toy maker forecast an adjusted per-share profit for this year that came in above analysts’ expectations, as it takes actions — including potential changes to its prices — to offset a fresh round of tariffs from President Donald Trump.Shares of Mattel Inc. jumped after hours on Tuesday after the toy maker forecast an adjusted per-share profit for this year that came in above analysts’ expectations, as it takes actions — including potential changes to its prices — to offset a fresh round of tariffs from President Donald Trump. Shares of…
While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark. While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
Shares of Snap Inc. rose in the extended session Tuesday after the Snapchat parent swung to a quarterly profit and grew the ranks of its most loyal users.Shares of Snap Inc. rose in the extended session Tuesday after the Snapchat parent swung to a quarterly profit and grew the ranks of its most loyal users. Shares of Snap Inc. rose in the extended session Tuesday after the Snapchat parent swung to a quarterly profit and grew the ranks of its most loyal users.
Wall Street was keeping a close and cautious eye on Enphase’s outlook ahead of Tuesday’s numbers, due to competition in U.S. and continued softness in the EU.Wall Street was keeping a close and cautious eye on Enphase’s outlook ahead of Tuesday’s numbers, due to competition in U.S. and continued softness in the EU. Wall Street was keeping a close and cautious eye on Enphase’s outlook ahead of Tuesday’s numbers, due to competition in U.S. and continued softness in the EU.
Shares of Nissan Motor Co. and Honda Motor Co. rose overnight following reports that the automakers’ proposed merger may be scrapped.Shares of Nissan Motor Co. and Honda Motor Co. rose overnight following reports that the automakers’ proposed merger may be scrapped. Shares of Nissan Motor Co. and Honda Motor Co. rose overnight following reports that the automakers’ proposed merger may be scrapped.
PepsiCo, Inc. (NASDAQ: PEP) reported its fourth quarter 2024 earnings results today. Net revenue of $27.7 billion remained relatively unchanged from the year-ago period. Organic revenue growth was 2.1%. Net income attributable to PepsiCo was $1.52 billion, or $1.11 per share, compared to $1.30 billion, or $0.94 per share, last year. Core EPS was $1.96. Earnings beat estimates while revenue fell short causing the stock to dip over 1% in premarket hours on Tuesday. For fiscal year 2025, the company expects a low-single-digit increase in organic revenue and a mid-single-digit increase in core constant currency EPS. Prior performance The post…
Shares of Philip Morris International Inc. (NYSE: PM) stayed red on Monday. The stock has gained 42% over the past 12 months. The tobacco giant is slated to report its fourth quarter 2024 earnings results on Thursday, February 6, before market open. Here’s a look at what to expect from the earnings report: Revenue Analysts are projecting revenues of $9.44 billion for Philip Morris in Q4 2024, which represents a growth of over 4% from the same period a year ago. In the third quarter of 2024, revenues increased 8% year-over-year to $9.9 billion. Earnings The consensus estimate for earnings per…