James_News
-
Salesforce Shares Tumble 16% After Revenue Miss
Daily Salesforce, IncEarnings Performance Salesforce reported adjusted earnings of $2.44 per share, slightly above the $2.38 per share expected by…
Read More » -
US Home Prices Hit Another Record High in March
HPI Quarterly and Annual Data The Federal Housing Finance Agency (FHFA) reported that U.S. house prices rose 6.6% between Q1…
Read More » -
Weekly Unemployment Claims Dropped to 215,000 Last Week
Insured Unemployment Figures The total number of insured unemployed individuals for the week ending May 11 increased by 8,000 to…
Read More » -
Nvidia Sales Surge 262%, Signals AI Boom, Announces 10-for-1 Stock Split
Revenue: The company generated $26.04 billion in revenue, surpassing the expected $24.65 billion. Net Income: Nvidia’s net income soared to…
Read More » -
Durable Goods Orders Exceed Market Expectations; Core Orders Miss
Transportation Equipment Surge Transportation equipment was the standout sector this month, climbing $6.8 billion or 7.7% to $95.9 billion. This…
Read More » -
February Sees 275,000 U.S. Job Additions, Yet Unemployment Climbs to 3.9%
Sector-Wise Employment Gains Significant job growth was observed in various sectors: Health Care: Leading the growth with 67,000 new jobs.…
Read More » -
Q4 2023: U.S. Nonfarm Productivity Soars, Fed Eyes Moderate Costs for Rate Strategy
The growth in Unit Labor Costs, however, was more contained at 0.4% in Q4 2023. This rise, attributed to a…
Read More » -
ADP Report: February Records 140,000 Job Additions, Pay Rises in U.S. Private Sector
Private Sector Job Growth Continues The private sector saw a significant boost in employment in February 2024, with 140,000 jobs…
Read More » -
Mixed Signals in Services Sector Could Prompt Federal Reserve Rate Adjustments
Business Activity, New Orders, and Fed Deliberations The Business Activity Index’s rise to 57.2 percent and the New Orders Index’s…
Read More »