• Feb 27, 2025

Rise in US inflation expectations means Fed has to stay on guard, Schmid says

Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday, highlighting a growing and potentially troubling issue for policymakers. "The last two months have seen a sharp upward movement in some measures of expected inflation," Schmid said in remarks prepared for delivery at a federal agriculture conference. "Certainly, survey measures of inflation expectations are imperfect and subject to noise, but with inflation just recently at a 40-year high, now is not the time to let down our guard."

  • Feb 27, 2025

Tecnoglass’s (NYSE:TGLS) Q4 Earnings Results: Revenue In Line With Expectations, Stock Soars

Glass and windows manufacturer Tecnoglass (NYSE:TGLS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 23.1% year on year to $239.6 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $980 million at the midpoint. Its non-GAAP profit of $1.05 per share was 2.7% above analysts’ consensus estimates.

  • Feb 27, 2025

Beacon Roofing Supply (NASDAQ:BECN) Misses Q4 Revenue Estimates

Roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $2.40 billion. Its GAAP profit of $1.32 per share was 1% below analysts’ consensus estimates.

  • Feb 27, 2025

If There's Ever a Trade War, Should You Buy Bitcoin or XRP?

With well-grounded fears of a trade war swirling and causing volatility in the traditional financial sector as well as in cryptocurrencies, you don't have to be a particularly skittish investor to be concerned about your portfolio at the moment. Let's analyze the argument for each, starting with XRP. For XRP to gain in value, at least two things need to happen.