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how to cash in in phlboss
2025-01-11   

how to cash in in phlboss
how to cash in in phlboss NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average fell 154 points, or 0.3%, and the Nasdaq composite slipped 0.3%. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped more than 80% for the year coming into Tuesday, which raised the bar of expectations for its profit report. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday’s update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year. Trading in the options market suggests traders aren’t expecting a very big move for U.S. stocks following Wednesday’s report, according to strategists at Barclays. But a reading far off expectations in either direction could quickly change that. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn to stay high and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 6.9% even though it delivered profit and revenue for the latest quarter that topped analysts’ expectations. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 4.5% after saying it’s resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.5% after the ski resort operator reported a smaller first-quarter loss than analysts expected in what is traditionally its worst quarter. All told, the S&P 500 fell 17.94 points to 6,034.91. The Dow dipped 154.10 to 44,247.83, and the Nasdaq composite slipped 49.45 to 19,687.24. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. Indexes fell across much of Europe ahead of a meeting this week by the European Central Bank, where the widespread expectation is for another cut in interest rates. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.

Achilles Therapeutics plc ( NASDAQ:ACHL – Get Free Report ) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 90,300 shares, a decline of 33.9% from the November 30th total of 136,700 shares. Based on an average daily trading volume, of 163,100 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are sold short. Achilles Therapeutics Price Performance Shares of ACHL opened at $1.13 on Friday. The company has a 50-day moving average of $1.04 and a two-hundred day moving average of $0.91. The stock has a market cap of $46.44 million, a price-to-earnings ratio of -0.68 and a beta of 1.37. Achilles Therapeutics has a one year low of $0.63 and a one year high of $1.76. Hedge Funds Weigh In On Achilles Therapeutics A hedge fund recently raised its stake in Achilles Therapeutics stock. XTX Topco Ltd grew its holdings in Achilles Therapeutics plc ( NASDAQ:ACHL – Free Report ) by 239.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,660 shares of the company’s stock after purchasing an additional 36,441 shares during the period. XTX Topco Ltd owned approximately 0.13% of Achilles Therapeutics worth $42,000 as of its most recent SEC filing. 56.38% of the stock is owned by institutional investors. About Achilles Therapeutics Achilles Therapeutics plc, a biopharmaceutical company, develops precision T cell therapies to treat solid tumors. Its platform identifies mutations formed early in the development of cancer. The company offers PELEUS, a proprietary AI-powered bioinformatics platform, used to identify clonal neoantigens in a patient. See Also Receive News & Ratings for Achilles Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Achilles Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .Hegseth meets with moderate Sen. Collins as he lobbies for key votes in the SenateUS President-elect Donald Trump's proposals to impose sweeping tariffs on imports could counter earlier efforts to cool inflation, Treasury Secretary Janet Yellen said Tuesday, warning that consumer prices could rise. Her comments at the Wall Street Journal's CEO Council Summit come as Trump has vowed broad tariffs of at least 10 percent on all imports, and higher rates on goods from China, Canada and Mexico. Imposing broad-based tariffs could "raise prices significantly for American consumers and create cost pressures on firms" which rely on imported goods, Yellen said when asked about Trump's plans. She cautioned that this could weigh on the competitiveness of certain sectors and increase costs to households. "This is a strategy I worry could derail the progress that we've made on inflation, and have adverse consequences on growth," she said. But she defended efforts by President Joe Biden's administration to impose targeted tariffs on Chinese goods to counter unfair trade practices by Beijing. She has previously raised concern over China's industrial overcapacity -- which risks a flood of underpriced goods into global markets and could undermine the development of key US industries. On Tuesday, Yellen also expressed regret that the United States has not made more progress on the country's deficit, saying she believes it "needs to be brought down, especially now that we're in an environment of higher interest rates." She stressed the importance of an independent Federal Reserve too, saying that countries perform better economically when central banks are allowed to exercise their best judgment without political influence. Trump has said that he would like "at least" a say over setting the Fed's interest rate. "I think it's a mistake to become involved in commenting on the Fed and certainly taking steps to compromise its independence," said Yellen. "I believe it tends to undermine the confidence of financial markets and, ultimately, of Americans in an important institution," she added. Yellen noted that she has spoken with Trump's Treasury chief nominee, billionaire hedge fund manager Scott Bessent, congratulating him on his nomination. bys/bjt

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Short Interest in Achilles Therapeutics plc (NASDAQ:ACHL) Drops By 33.9%None

Minnesota Vikings head coach Kevin O’Connell maintained an upbeat and positive demeanor after guiding his team to a 27-25 victory over the Green Bay Packers on Sunday in a divisional clash that featured an intense fourth quarter. As thrilled as he was, however, O’Connell knows the focus now shifts to preparing his players for their next showdown against a team he called “one of the best teams in football all year long.” Next Sunday, the Detroit Lions will host the Vikings for their second matchup of the season, a regular-season finale at Ford Field that will decide not only the NFC North title but also the NFC’s No. 1 seed and home-field advantage throughout the playoffs. RELATED: Detroit Lions will host Vikings in winner-take-all season finale next week The Vikings improved to 8-1 at home this season with the win over the Packers. After the game, O’Connell reflected on what locking up home-field advantage would mean for the team and the city of Minnesota, while also acknowledging the challenge posed by the Lions. “It would be phenomenal, but it is going to be an absolute challenge going on the road to a very hostile place and a team that’s had a ton of success,” O’Connell told reporters. “We have nothing but confidence for the team we’re going to play this week, and we’ve got to go earn it with really great preparation. “Late in the year, December football was something I wanted to make sure we were good about, and I think we’ll finish that 5-0 as we click over into January. But honestly, we’ve really been in January for a few weeks now, in my mind.” During Sunday’s game at U.S. Bank Stadium, Vikings running back Aaron Jones suffered an injury and was unavailable to finish the game, concluding with 12 carries for 47 yards. O’Connell provided an update on Jones’ condition. “Aaron Jones did get a quad contusion at some point and was working his way through it. He had some really good runs, but we decided to pull him,” O’Connell said. “I thought Ty Chandler showed up, making some physical runs, getting downhill fresh. Pairing him with Cam [Akers] there in the second half was a winning formula to get some of those plays off, either in tempo or in the play-pass world.” Jones is currently the NFL’s 10th-leading rusher, with 1,046 yards and five touchdowns this season. Vikings outside linebacker Pat Jones sustained a significant injury, and O’Connell said the team remains uncertain about the early prognosis. “Hopefully, we avoided kind of a super long-term injury, but I won’t know much more than that until he gets fully evaluated,” O’Connell said. “But, expecting him probably to miss a little bit of time. Like I said, I don’t know what that looks like as of right now.” The fourth-year linebacker has 19 tackles and seven sacks this season, ranking third on the Vikings behind Jonathan Greenard and Andrew Van Ginkel, who each have 11.

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