Netflix quarterly results beat Wall Street targets
Netflix’s streaming advantage helped the company provide a bullish quarterly revenue outlook on Thursday. The company rose 2.7% in out-of-hour trading as it surpassed Wall Street revenue expectations in a quarter, including hits such as the limited series “Pubescent,” the drama thriller “Zero Day,” and the unscripted series “Isle of Temptation.” Stocks have risen 9% […]
Retail sales surged in March led by autos as consumers looked to beat tariffs
SW Retails Advisors Stacey Widlitz analyzes why retail spending was lower than expected in February at Claman Countdown. US retail sales rose more than expected in March as consumers put big ticket purchases on the forefront to anticipated tariff-induced price hikes. The Commerce Department released the data in March on Wednesday. This showed a 1.4% […]
China beat growth expectations in Q1, but US tariffs cloud outlook
Rep. Warren Davidson of R-Ohio has evaluated President Donald Trump’s customs policy and shares the administration’s ongoing battle with federal judges on the “final line.” China has beaten expectations of first quarter economic growth, but the remaining prospects for 2025 remain dim as Beijing’s orthotics due to the impact of heavy US tariffs. The latest […]
Goldman Sachs’ first-quarter results beat Wall Street estimates
Angie Newman, UBS Global Wealth Management Manager, discusses market responses amid trade tensions and advises clients and investors. Goldman Sachs reported a 15% increase in first quarter profits as market volatility led to record revenues from stock trading and boosted bond results. Wall Street lenders joined rivals JPMorgan Chase and Morgan Stanley to report higher […]
Apple, Porsche rushing to beat Trump tariffs, get goods to US: report
Apple and Porsche were among several major companies reportedly scrambled to send goods to the US to stockpile inventory ahead of Trump's “liberation day” tariff deployment. Mutual tariffs on Trump's trading partners (including 26% of India and 20% of EU members) came into effect on Wednesday, turning the course back hours later, announcing a 90-day […]
Maxar Intelligence debuts drone tech that can beat GPS jammers
On Tuesday, major geospatial information companies announced new products that can operate drones even in areas where GPS signals are clogged. The war between Russia and Ukraine presented a unique problem. Each army learned how to jam other GPS signals. This has prompted the latest innovations from Maxar Intelligence, a drone guidance technology that is […]
Knicks needed to beat down lowly Wizards twice in uneven victory
The Knicks needed a victories Saturday night so they beat the wizard twice. With Mikal Bridges' second quarter electric shooting and significant contributions from some unlikely sources, the Knicks helped build a 33-point second half lead against the worst NBA teams. The game is over, right? There is not at all. Imagine the nerves of […]
Rangers beat Canucks to end three-game skid, keep playoff hopes alive
The Rangers' playoff hopes are still alive. Despite a string of losses this month, the Blues Shirts rejoined the Eastern Conference wildcard race in January and February, giving Kanak the chance to fight with an empty 5-3 victory on Saturday afternoon, giving him plenty of fighting chance to return to the postseason painting cusp. Even […]
Wine enthusiasts stockpile wine to ‘beat the tariffs’
The threat of 200% tariffs on wine starting on April 2nd has been stockpiled by some Oenofiles as suppliers and importers warn of delays and possible shortages. “Everyone wants to stock up. 'We're watching The Tariffs 'Shopping',” the co-founder of Josh Cohen told me. For the past few days, patrons who usually stop by to […]
NCAA Tournament: Jalen Rose reacts to UNC’s bid, says SDSU will beat them anyway
Controversy swirls around the NCAA Tournament Select Committee every year as debates whether one or two teams deserve a national title run chance. After “Selection Sunday,” North Carolina tar heels were a hot and controversial topic as college basketball fans analyzed official brackets. There were major conditions that weren't too happy with the Select Committee's […]