MTI said it now expects 2025 GDP to grow “around 4.0%,” compared with its previous 1.5–2.5% forecast, citing stronger-than-expected global conditions, resilient trade flows, and a surge in demand for ...
Services were a point of support, with the S&P Global services PMI remaining at 53.1 in November, the same as October. This helped Japan’s composite PMI rise to 52.0 in November from 51.5 in October.
A core reading that excludes both fresh food and energy prices, and is closely watched by the BOJ as a gauge of underlying inflation, rose to 3.1% in October from 3.0% in the prior month. The print ...
Ross reported third-quarter earnings per share of $1.58, surpassing the consensus estimate of $1.41 and up from $1.48 a year earlier. Revenue for the period grew 10% year over year to $5.6 billion, ...
Investing.com -- Fitch Ratings has downgraded New Fortress Energy Inc. ’s Long-Term Issuer Default Rating to ’RD’ from ’CCC’ after the company missed an interest payment due November 15 on its $2.7 ...
The maker of TurboTax and QuickBooks posted Q1 non GAAP EPS of $3.34, above analysts’ estimate of $3.09. Revenue rose 18% to $3.9 billion, topping expectations of $3.76 billion.
NVIDIA’s accounts receivables in the quarter grew to $33.391 billion from $23.065 billion. Also pointed out by bears was that for the quarter, four direct customers had sales greater than 10% of total ...
Investing.com -- A planned $20 billion bailout for Argentina from JPMorgan Chase, Bank of America and Citigroup has been shelved in favor of a smaller, short-term loan package to support the ...
Gap comparable sales rose 5% in Q3, driven by strong growth at Old Navy, Gap and Banana Republic. The company raised the lower end of its full-year fiscal 2025 net sales growth guidance to 1.7% to 2% ...
Investing.com -- S&P Global Ratings has revised CVR Energy Inc. ’s outlook to stable from negative while affirming its ratings, citing supportive refining conditions expected to continue into 2026.
4. Salesforce, Inc. (CRM) - Raymond James has established a $375 price target for Salesforce, currently trading at $237.03. Analysts see sustainable double-digit FCF growth at a below-group multiple, ...
On employment, Goolsbee acknowledged a "notable slowdown in number of jobs created" but said he is "dubious that slowdown in payrolls points to a recession." He characterized the current labor ...