Lowe’s Companies (LOW) released fourth-quarter results on Wednesday that topped analysts’ estimates, but its outlook for 2025 was more conservative than expected. The home-improvement retailer reported adjusted earnings per share (EPS) of $1.93 on sales of $18.55 billion. Analysts polled by Visible Alpha had expected $1.84 and $18.29 billion, respectively. Comparable store sales rose by
The cost-of-living adjustment (COLA) took effect in January, raising the average monthly retirement benefit from $1,927 to $1,976. Other changes include an increase in the full retirement age (FRA) to 66 years and 10 months for those born in 1959. Social Security recipients will see a 2.5% increase in their benefits this year, among other
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Fundamental Overview The USD continues to be supported against most major currencies, especially the commodity currencies, as the markets remain in a risk-off mood following some bad US data releases. In fact, since last Friday, we got weak US Flash Services PMI, UMich final Consumer Sentiment and yesterday a weak US Consumer Confidence report. The
Former SEC official John Reed Stark suggests that the Ripple lawsuit could be next in line for dismissal. Stark recently shed light on the SEC’s unprecedented retreat from its aggressive enforcement-driven regulation against the crypto industry. He mentioned how the previous SEC leadership introduced several enforcement actions against crypto businesses, labeling several digital assets securities.
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Anthropic, one of the world’s largest AI vendors, has a powerful family of generative AI models called Claude. These models can perform a range of tasks, from captioning images and writing emails to solving math and coding challenges. With Anthropic’s model ecosystem growing so quickly, it can be tough to keep track of which Claude
OpenAI’s AI-powered chatbot platform ChatGPT keeps expanding with new features. The chatbot’s memory feature lets you save preferences so that chats are more tailored to you. ChatGPT also has an upgraded voice mode, letting you interact with the platform more or less in real time. It even offers a store — the GPT Store —