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The effects of AI on the economy are real — but not in the way most expect
Economy

The effects of AI on the economy are real — but not in the way most expect

For the past few years, we’ve been told that artificial intelligence would either save the world or destroy it. The AI economy would wipe out jobs, widen inequality, and destabilise entire industries. Others painted it as a productivity miracle waiting to happen. But what if both sides missed the mark? Based on data, the truth […]

  • July 22, 2025 04:27 AM PDT
  • Invezz
GM's Profit Declines as Trump Tariffs Add to Costs
Market Updates

GM's Profit Declines as Trump Tariffs Add to Costs

General Motors saw profit fall in the second quarter as President Donald Trump's tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. Craig Trudell reports on Bloomb...

  • July 22, 2025 04:21 AM PDT
  • EODHD
Givaudan SA reports 1H results
Market Updates

Givaudan SA reports 1H results

* Givaudan SA press release [https://www.givaudan.com/media/media-releases/2025/2025-half-year-results] (OTCPK:GVDBF [https://seekingalpha.com/symbol/GVDBF]): 1H Sales of CHF 3,864 million, an increas...

  • July 22, 2025 04:21 AM PDT
  • EODHD
Hope Bancorp Non-GAAP EPS of $0.19 misses by $0.02, revenue of $94.57M misses by $39.33M
Market Updates

Hope Bancorp Non-GAAP EPS of $0.19 misses by $0.02, revenue of $94.57M misses by $39.33M

* Hope Bancorp press release [https://seekingalpha.com/pr/20172910-hope-bancorp-reports-2025-second-quarter-financial-results] (NASDAQ:HOPE [https://seekingalpha.com/symbol/HOPE]): Q2 Non-GAAP EPS of...

  • July 22, 2025 04:21 AM PDT
  • EODHD
EPAM Systems Faces Headwinds While Russell 1000 Tech Stocks Advance
Technology Stocks

EPAM Systems Faces Headwinds While Russell 1000 Tech Stocks Advance

Highlights,EPAM Systems shares lag broader tech sector recovery,Company’s earnings performance reflects consistent annual decline,Broader market indices have outpaced EPAM over multiple years,EPAM Systems, operating within the technology and software serv...

S and P Futures Signal Caution in Markets Amid Trade and Earnings Focus
Stock Market

S and P Futures Signal Caution in Markets Amid Trade and Earnings Focus

Highlights,Equity markets moved lower as earnings season intersected with global trade uncertainties.,Major indexes, including the S&P 500 and Stoxx Europe 600, reflected a cautious stance from market participants.,Central bank commentary and geopolitical...

Enbridge approves solar project to support Meta Platforms data center operations
Market Updates

Enbridge approves solar project to support Meta Platforms data center operations

[Enbridge head office building in Toronto.] JHVEPhoto/iStock Editorial via Getty Images Enbridge (NYSE:ENB [https://seekingalpha.com/symbol/ENB]) said Tuesday it reached a final investment decision [h...

  • July 22, 2025 04:19 AM PDT
  • EODHD
GM Beats Earnings Estimates. Why the Stock Is Falling.
Market Updates

GM Beats Earnings Estimates. Why the Stock Is Falling.

GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion. Continue Reading View Comments

  • July 22, 2025 04:13 AM PDT
  • EODHD
Enbridge reaches final investment decision on 600 MW Texas solar project
Market Updates

Enbridge reaches final investment decision on 600 MW Texas solar project

CALGARY - Enbridge Inc. (NYSE:ENB), a $97.2 billion market cap energy infrastructure giant with a "Fair" financial health score according to InvestingPro, announced Tuesday it has reached a final inve...

  • July 22, 2025 04:11 AM PDT
  • EODHD
Valmont Industries earnings beat by $0.17, revenue topped estimates
Market Updates

Valmont Industries earnings beat by $0.17, revenue topped estimates

Investing.com - Valmont Industries (NYSE: VMI) reported second quarter EPS of $4.88, $0.17 better than the analyst estimate of $4.71. Revenue for the quarter came in at $1.05B versus the consensus est...

  • July 22, 2025 04:11 AM PDT
  • EODHD