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BRIEF-Robinhood CFO Says For Revenues, We're Planning on Another Year of Double Digit Growth - Conf. Call
Feb 12 (Reuters) - Robinhood Markets Inc HOOD.O:ROBINHOOD CFO SAYS FOR REVENUES, WE'RE PLANNING ON ANOTHER YEAR OF DOUBLE DIGIT GROWTH - CONF. CALLROBINHOOD CEO VLAD TENEV SAYS LOAN BOOK'S BEEN GROWING AS WE GET MORE AND MORE CUSTOMERS ONBOARDEDROBINHOOD CFO SAYS THINK THERE'S STILL ROOM...
Reuters
Wed, Feb 12
Forex
EUR/USD regains some ground, but remains hobbled by key technicals
EUR/USD churned on Wednesday, testing the low end through most of the intraday session before breaking higher after investors tried to shake up an unexpected upswing in US Consumer Price Index (CPI) inflation.
EUR/USD
Fxstreet
Wed, Feb 12
Stocks
Philip Morris International Shares Surge as Transformation Continues. Is It Too Late to Buy the Stock?
While investors in the tobacco space have tended to be more focused on dividends over the years, Philip Morris International (NYSE: PM) has quietly turned itself into a strong growth company as its smoke-free business continues to drive strong results. The company's shares were once again climbing f...
The Motley Fool
Wed, Feb 12
Stocks
GXO Logistics Inc reports results for the quarter ended December 31 - Earnings Summary
GXO Logistics Inc GXO.N reported quarterly adjusted earnings of $1.00 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 94 cents per share. Wa...
Reuters
Wed, Feb 12
Forex
GBP/JPY soars as hot US inflation weakens Yen
The GBP/JPY rose sharply during Wednesday’s session, posting gains of over 1.22% or 230 plus pips after a hot US inflation report sent the Greenback higher and pushed the Japanese Yen (JPY) lower against most G8 FX currencies.
GBP/JPY
Fxstreet
Wed, Feb 12
Other
US senators call for increased funding, staffing for air traffic control
Adds no immediate FAA comment, more details in paragraphs 4-9By David Shepardson WASHINGTON, Feb 12 (Reuters) - Two U.S. senators called on Wednesday for increased funding and staffing for Federal Aviation Administration air traffic control after a fatal midair collision in the nation's capit...
Reuters
Wed, Feb 12
Other
US Department of Justice to stop defending independence of FTC, NLRB, letter says
DOJ calls protections for agency members unconstitutionalActing Solicitor General will ask SCOTUS to limit 90-year old precedentTrump faces lawsuits for firing members of independent agenciesAdds byline, bullets, background on firings of independent agency members in paragraphs 7-10By Jody Godoy ...
Reuters
Wed, Feb 12
Stocks
HubSpot Surpasses Q4 Revenue Estimates
Customer relationship management software provider HubSpot (NYSE:HUBS) reported fourth-quarter earnings on Wednesday, Feb. 12 that topped analysts' consensus expectations. Adjusted EPS (diluted) came in at $2.32, outperforming the expected $2.19. Revenue of $703.2 million surpassed estimates of $673...
The Motley Fool
Wed, Feb 12
Stocks
Tronox Holdings PLC reports results for the quarter ended December 31 - Earnings Summary
Tronox Holdings PLC TROX.N reported quarterly adjusted earnings of 3 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -38 cents. The mean expectation of ten analysts for the quarter was for earnings of 5 cents per share. W...
Reuters
Wed, Feb 12
Other
Sun Life's quarterly profit misses estimates on U.S. business weakness
Rewrites paragraph 1, adds estimates in paragraph 4Feb 12 (Reuters) - Sun Life Financial SLF.TO reported a fall in its fourth-quarter profit on Wednesday, as weakness in U.S. business took away gains made in Asian markets. U.S. group sales of $830 million were down 11% from a year ago, reflecting lo...
Reuters
Wed, Feb 12
Stocks
S&P Global: Buy, Sell, or Hold?
Most investors know the S&P 500 stock market index but usually stop there. S&P stands for Standard & Poor's, referencing S&P Global (NYSE: SPGI). The company is the majority owner of the joint venture that operates the S&P 500. However, market indexes are only about 11% of the business. If you peel ...
The Motley Fool
Wed, Feb 12
Forex
GBP/USD churns ahead of UK GDP growth check
GBP/USD is coiled around 1.2450, churning the charts near middling technical ground as Pound Sterling traders await the UK’s latest Gross Domestic Product (GDP) growth figures.
GBP/USD
Fxstreet
Wed, Feb 12
Other
Senators propose killing US EV tax credit, new $1,000 tax for road repairs
Updates with second bill introduced in paragraphs 1-5By David Shepardson WASHINGTON, Feb 12 (Reuters) - U.S. Senate Republicans on Wednesday proposed a pair of bills to kill the country's $7,500 electric vehicle tax credit and impose a new $1,000 tax on EVs to pay for road repairs. Sen...
Reuters
Wed, Feb 12
Commodities
WRAPUP 8-Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Adds business group, paragraph 13; background, paragraphs 16-20Trump advisers finalizing plans for new reciprocal tariffsIndustries scramble to offset rising steel, aluminum costsExperts warn of challenges in implementing reciprocal tariffsAhead of announcement, US CPI jumps by most in 16 monthsBy A...
Reuters
Wed, Feb 12
Other
European powers demand seat at table in Ukraine talks
Recasts, adds detailsBy John Irish PARIS, Feb 12 (Reuters) - European powers, including Britain, France and Germany, said on Wednesday they had to be part of any future negotiations on the fate of Ukraine, underscoring that only a fair accord with security guarantees would ensure lasting peace....
Reuters
Wed, Feb 12
Stocks
Meet the Monster Stock That Continues to Crush the Market
Every growth investor dreams of coming across the next Nvidia or Palantir stock. These stocks aren't just beating the market; they're absolutely crushing it, and investors are hungry for the next artificial intelligence (AI) stock.But it's not only AI stocks that are crushing the market right now. C...
The Motley Fool
Wed, Feb 12
Commodities
CIF/FOB Gulf Grain-Corn barge basis steady on shipping delays
CHICAGO, Feb 12 (Reuters) - Basis bids for corn shipped by barge to the U.S. Gulf Coast were mostly steady on Wednesday on firm freight rates and good export demand, while soybean barge bids were flat to lower on seasonally slow demand, traders said.* Barge freight rates were firm as icy conditions ...
Reuters
Wed, Feb 12
Stocks
Service Corporation International reports results for the quarter ended December 31 - Earnings Summary
Service Corporation International SCI.N reported quarterly adjusted earnings of $1.06 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 93 cents. The mean expectation of five analysts for the quarter was for earnings of $1.05 per...
Reuters
Wed, Feb 12
Stocks
Cognex Tops Expectations on Revenue, EPS
Cognex (NASDAQ:CGNX), a leader in machine vision technology, announced its fourth-quarter earnings on Feb. 12. The company delivered robust results, with notable revenue growth driven by its logistics and semiconductor segments. Revenue grew by 17% year over year to $230 million, surpassing both ana...
The Motley Fool
Wed, Feb 12
Cryptocurrencies
Shiba Inu Price Eyes 250% Surge Amid Falling Wedge Breakout
Recent analysis reveals that the Shiba Inu price has formed a Falling Wedge pattern and is on the verge of breaking above it. Technical indicators suggest that SHIB could embark on a massive rally once this breakout occurs, as analysis predicts a price surge of over 250% in the coming months. Shiba ...
NewsBTC
Wed, Feb 12
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