Market News
Amazon set to pass Walmart in revenue for first time
CNBC - 6 Feb 2025 15:00
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.
E.l.f. Beauty stock tanks after retailer cuts guidance, citing 'soft' January amid TikTok saga and LA wildfires
CNBC - 6 Feb 2025 23:50
E.l.f. Beauty has been one of the cosmetic industry's biggest winners, but its growth has slowed and recent product launches have underperformed.
E.l.f. Beauty CEO says company is 'relieved' China tariffs are only 10%
CNBC - 6 Feb 2025 23:34
E.l.f. Beauty raised prices on a third of its items by $1 during the last round of tariffs, but isn't sure if it will need to do so this time around.
Eli Lilly has its mojo back ahead of a pivotal year for the obesity drug giant
CNBC - 6 Feb 2025 20:45
The drugmaker is not perfect, as the past few months showed, but it's still a thoroughbred.
Linde shares whipsaw after earnings, highlighting a crucial lesson for investors
CNBC - 6 Feb 2025 20:16
Management assured us that its outlook is a starting point for the year and not hostage to currency fluctuations.
Amazon set to report earnings after the bell
CNBC - 6 Feb 2025 19:00
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy's efforts to rein in expenses.
Bristol Myers' stock decline in response to weak guidance is a gift to investors
CNBC - 6 Feb 2025 18:09
The heart of our investment thesis in the drugmaker remains intact.
Roblox plummets 12% on disappointing bookings, daily active users miss
CNBC - 6 Feb 2025 18:05
Roblox shares plunged more than 12% after falling short of Wall Street's bookings and daily active user estimates.
Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales
CNBC - 6 Feb 2025 16:04
Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.
Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short
CNBC - 6 Feb 2025 15:40
Zepbound and Mounjaro have now underperformed expectations for two straight quarters.
Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
CNBC - 6 Feb 2025 15:29
The company also issued a 2025 guidance that fell short of expectations, as some of the company's older drugs face competition from cheaper generics.
Strong Taco Bell sales fuel Yum Brands earnings beat
CNBC - 6 Feb 2025 14:40
Taco Bell owner Yum Brands beat Wall Street's earnings and revenue estimates.
New tax regime: Deductions and exemptions explained
livemint.com - 6 Feb 2025 14:14
The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available benefits. From housing loans to retirement exemptions, here's what's on offer.
Shipping giant Maersk's shares jump 9% on profit beat despite trade uncertainty
CNBC - 6 Feb 2025 13:00
"At a time of very high microeconomic uncertainties, we were able to be sufficiently agile," Maersk CEO Vincent Clerc told CNBC's "Squawk Box Europe."
What does CVV number mean on your credit card? Learn how it keeps you safe
livemint.com - 6 Feb 2025 12:48
The CVV is a vital three- or four-digit code on credit cards that protects transactions from unauthorized use. It enhances security during online payments and should be safeguarded through various measures like using ant...
Selling agricultural land remains tax-free. But there is a catch
livemint.com - 6 Feb 2025 12:45
Selling land? Location is everything. A few kilometres could push your property into taxable territory, making the difference between a full exemption and a significant tax bill.
Education loans for overseas studies: How to apply, documents required, and loan options
livemint.com - 6 Feb 2025 12:13
Students applying for overseas education loans must provide six months of bank statements from co-applicants if collateral is involved. Interest rates range from 8.64% to 14.25%, with a typical repayment tenure of 12 to ...
Credit Card EMI: How does it work and what are the benefits?
livemint.com - 6 Feb 2025 12:04
Credit card EMIs enable users to convert large purchases into manageable monthly payments, easing budgeting. This article explores factors influencing credit card EMIs, interest calculations, and the importance of respon...
IDFC FIRST Bank credit card updates: New interest rates and features starting February 20, 2025
livemint.com - 6 Feb 2025 12:00
Starting February 20, 2025, IDFC First Bank will revise credit card terms, influenced by Merchant Category Codes (MCCs). Cardholders should regularly check for updates and maintain accurate contact details to ensure they...
Danish brewer Carlsberg slightly misses on fourth-quarter sales, points to lower growth in 2025
CNBC - 6 Feb 2025 11:28
Danish brewer Carlsberg on Thursday reported a slight miss in fourth-year sales and pointed to lower growth in 2025.
Income Tax Bill News LIVE: New bill may get cabinet approval tomorrow, likely to be introduced next week
livemint.com - 6 Feb 2025 10:58
Income Tax Bill News LIVE: The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha early the following week.
Volvo Cars weighs tariffs-led production move, warns of 'hyper-competitiveness' in China
CNBC - 6 Feb 2025 10:50
"We're preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation," Volvo Cars CEO Jim Rowan told CNBC.