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date
14/08/2025
Bank of Canada meeting minutes: There are no signs indicating that inflation expectations are out of control, and trade uncertainty "seems likely to persist." Officials discussed the role of fiscal policy in providing assistance to the economy amid trade turmoil. The fundamental reshaping of the global trading system may lead to inflation for a period of time.
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Fed official Bostic: Still expecting one rate cut in 2025.
2 m ago
Former World Bank President David Malpass: The Federal Reserve is on the right track, any changes will be instrumental.
3 m ago
The affiliated company's revenue for the fiscal year 2025 was $5.81 billion, a 23% increase from the previous year. The GAAP gross profit margin for fiscal year 2025 was 35.2%, an increase of 424 basis points from the previous year. The non-GAAP gross profit margin for fiscal year 2025 was 37.9%, an increase of 358 basis points from the previous year. The GAAP loss per share for fiscal year 2025 was $0.52, an improvement of $1.32 from the previous year. The non-GAAP EPS for fiscal year 2025 was $3.53, an improvement of $2.32 from the previous year. The affiliated company's stock plummeted 14.04% after hours.
3 m ago
Coherent's revenue for the fiscal year 2025 was $5.81 billion, an increase of 23% compared to the previous year. The GAAP gross profit margin for fiscal year 2025 was 35.2%, an increase of 424 basis points from the previous year. The non-GAAP gross profit margin for fiscal year 2025 was 37.9%, an increase of 358 basis points from the previous year. The GAAP loss per share for fiscal year 2025 was $0.52, an improvement of $1.32 from the previous year. The non-GAAP EPS for fiscal year 2025 was $3.53, an improvement of $2.32 from the previous year. Coherent's stock (COHR) dropped 14.04% after hours.
4 m ago
On Wednesday (August 13th), the index of the seven tech giants (Magnificent 7) in the United States fell by 0.31% to 190.22 points, breaking away from the closing historical high, and also failing to hold onto the intraday historical high of 191.88 points set on Wednesday. Microsoft and Meta Platforms fell by up to 1.64%, while Nvidia, Google A, and Tesla fell by up to 0.86%. Amazon and Apple, on the other hand, rose by at least 1.40%. In addition, Taiwan Semiconductor ADR fell by 1.17%, Berkshire Hathaway B shares under Buffett rose by 1.47%, Eli Lilly Pharmaceuticals rose by 3.29%, and AMD rose by 5.41%.
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