Shares of Caterpillar Inc. CAT, +2.41% shot up further into record territory Monday, after the maker of construction and mining equipment reported fourth-quarter profit that rose well above forecasts, with particular strength in its energy and transportation business. And for the full-year, the company said sales reached the highest level in the company’s 98-year history, reflecting
© Reuters. Raoul Pal Makes Epic Bitcoin (BTC) Comparison With Legacy Assets U.Today – Legendary trader Raoul Pal has doubled down on his support for (BTC) after making an epic comparison of the coin with some legacy assets. Taking to his official X account, Raoul Pal shared a Bitcoin price chart that shows an annual
Axcelis Technologies Inc ACLS is slated to report fourth-quarter 2023 results on Feb 7. Recently the company revised its financial outlook for the fourth quarter of 2023 and reiterated its expectations for 2023. ACLS now anticipates fourth-quarter revenues to surpass $300 million, exceeding the earlier estimate of $295 million. It reiterates its expectation for 2023
Some insurance companies are pulling back coverage from fire- and flood-prone areas, leaving homeowners with limited affordable options. This trend may even affect the property value of American homes, experts say. The nation’s largest homeowner’s insurance company, State Farm, stopped accepting new applications for policies on property in California in May. Allstate announced in November
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U.S. stock futures slipped Monday, edging backwards after megacap corporate earnings led to a fresh record high. What’s happening Dow Jones Industrial Average futures YM00, -0.24% fell 124 points, or 0.3%, to 38641. S&P 500 futures ES00, -0.23% dropped 13 points, or 0.3%, to 4968. Nasdaq-100 futures NQ00, -0.20% decreased 38 points, or 0.2%, to
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Whatever you think of Mark Zuckerberg, who has many detractors, he has done quite a job with Meta (NASDAQ:) since the stock price collapsed to a low of $88 at the end of October. 2022. As we can see in the above chart, the stock price is trading at $485, following yesterday’s stellar earnings, so
A tram passes shoppers as it travels along Istiklal Street in the Beyoglu district of Istanbul, Turkey, on Tuesday, Dec. 19, 2023. Bloomberg | Bloomberg | Getty Images In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation hit nearly 65%, according to the Turkish
Tesla CEO Elon Musk‘s proposal for a “carbon tax” as a crucial measure against climate change faced criticism from short-seller Jim Chanos on Sunday. Musk, in a post on Twitter (formerly known as X), asserted that a “carbon tax” is the sole action required to address climate change. This statement came in response to a video clip shared by a
Tech stocks were advancing late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.2% and the SPDR S&P Semiconductor ETF (XSD) adding 0.1%. The Philadelphia Semiconductor index rose 1.3%. In corporate news, Viavi Solutions (VIAV) shares fell 3.9% after the company reported fiscal Q2 non-GAAP diluted earnings late Thursday of $0.11, down
In this episode, we have the special honor of speaking with Karen and Scott Chenaille from Arlington, Vermont. Karen and Scott own 10 properties, cohost 1, and have 1 rental arbitrage unit all while working full-time jobs. Karen and Scott are a great team together and they complement each other. Scott has the construction know-how
Anyone already feeling burned by sharp increases in their auto insurance rates over the last year should buckle up — it’s only getting more expensive. Car insurance premiums in the U.S. will continue to climb this year after rising more than 43% since January 2022, new research from Bankrate shows. “While we hope to see
Visitors are attending a New Year event held by McDonald’s in Shanghai, China, on January 25, 2024. Costfoto | Nurphoto | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell on Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $2.82 expected