Business

Siemens Investor to Vote Against Chairman's Reelection

Published on: February 10, 2025, 08:00 AM UTC

Despite looming tariffs, the stock market remains near record highs. This is due to expectations of continued earnings growth. Earnings are the most important driver of stock prices, and analysts expect the U.S. stock market to outperform the U.S. economy thanks to positive operating leverage. However, there are always risks to worry about, such as U.S. political uncertainty, geopolitical turmoil, and economic recessions.

Published on: February 10, 2025, 07:01 AM UTC

Nokia appoints Justin Hotard as new CEO, effective April 1. Hotard brings expertise in AI and data center markets, key growth areas for Nokia.

Published on: February 10, 2025, 07:01 AM UTC

Japanese cosmetics giant Shiseido saw a 73% plunge in annual profit due to sluggish sales in China, indicating decreased consumer confidence in the country's cosmetics market.

Published on: February 10, 2025, 07:00 AM UTC

OpenAI CEO Sam Altman: AI costs to drop 10x yearly, driving societal impact

Published on: February 10, 2025, 05:00 AM UTC

Taiwan expresses interest in Alaskan natural gas, seeking to reduce trade surplus with US and avoid tariffs.

Published on: February 10, 2025, 04:00 AM UTC

Discover the top 10 tips and tricks to improve your photography skills. From composition and lighting to editing and post-processing, this guide will help you take stunning photos.

Published on: February 10, 2025, 04:00 AM UTC

Despite the threat of tariffs, the stock market continues to hover near record highs. This is surprising since tariffs are expected to negatively impact company earnings, the key driver of stock prices. The market's optimism may stem from the belief that any tariffs will be temporary or milder than anticipated. However, analysts estimate that the announced tariffs could reduce earnings significantly, potentially outweighing any positive earnings surprises. As a result, companies and analysts may need to reassess their earnings estimates.

Published on: February 10, 2025, 03:01 AM UTC

JPMorgan Chase faces criticism over DEI initiatives from conservative activist Robby Starbuck, who alleges illegal hiring practices and ineffective training methods. CEO Jamie Dimon remains committed to the programs, citing their positive impact on business and shareholders despite increasing scrutiny of DEI policies nationwide.

Published on: February 10, 2025, 02:02 AM UTC

The stock market's continued high performance despite tariff threats puzzles experts, as tariffs would negatively impact earnings, which are the main driver of stock prices. This suggests that the market may anticipate that any tariffs will be short-lived or less severe than expected. However, failing to adjust earnings estimates could affect the market if tariffs are implemented.

Published on: February 10, 2025, 02:01 AM UTC