E-Learning

Why Is Limbach (LMB) Stock Soaring Today

Shares of building systems company Limbach (NASDAQ:LMB) jumped 12.9% in the afternoon session after the company delivered impressive fourth-quarter results, with EBITDA beating analysts' estimates despite a slight revenue shortfall. A key highlight was the ongoing shift toward Owner Direct Relationships (ODR), where revenue grew over 21%, accounting for nearly two-thirds of total sales. This shift helped offset an almost 25% decline in General Contractor Relationships (GCR), a segment the compan

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Coinbase (COIN) Stock Trades Up, Here Is Why

Shares of cryptocurrency exchange Coinbase (NASDAQ:COIN) jumped 7.8% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns haven't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off.

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Explainer: What's a recession and why is rising anxiety about it roiling markets?

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. Many business executives were optimistic that President Donald Trump would cut taxes and pursue deregulation, which they expected would bolster growth. Instead, Trump has aggressively implemented tariffs — and tariff threats — against the United States' largest trading partners.

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Renault cuts 300 jobs at van factory as European market slows

Renault Group will cut 300 jobs at a van factory in northern France, the carmaker said on Tuesday, responding to slowing European demand for commercial vehicles in the face of growing economic uncertainty. The French company, which is the European van market leader under its Renault brand, makes about 14% of its sales from the vehicles used by delivery companies and tradesmen. A Renault spokeswoman said that 300 of the interim staff will not have their contracts renewed when they expire.

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