Business

Dongfeng Motor's shares soared 85.8% after the Chinese automaker announced a possible change in its controlling shareholder structure.

Published on: February 10, 2025, 02:00 AM UTC

Despite looming tariffs, the stock market remains near record highs. Earnings are the primary driver of stock prices, and most S&P 500 companies have reported strong Q4 earnings, suggesting that the downside of tariffs could be offset by higher earnings. The tight correlation between earnings and stock prices, combined with the ongoing dominance of the US equity market driven by earnings growth, indicates a favorable long-term outlook for the stock market. However, investors should be aware of potential risks and uncertainties, such as tariff implementation, which could impact earnings estimates and market performance.

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

Discover the latest news, analysis, and insights from the world of technology. Stay informed about the latest advancements, trends, and breakthroughs in the tech industry.

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

DBS Group's Q4 net profit rises 10% to S$2.62 billion, matching analyst estimates, driven by growth in commercial banking and markets trading.

Published on: February 09, 2025, 11:00 PM UTC

The stock market remains near record highs despite looming tariff threats. Analysts suggest this may be due to bets on the tariffs being short-lived or less impactful than feared. However, the full impact of tariffs on earnings is difficult to estimate, and analysts from Goldman Sachs, BofA, and JPMorgan estimate potential impacts ranging from 2-8% on earnings per share for the S&P 500. Despite the uncertainty, earnings continue to perform well, with strong growth in Q4 2025. Analysts expect this growth to continue, potentially offsetting any downside impact from tariffs. However, if tariffs hurt earnings as anticipated, market prices may need to adjust. The labor market remains strong, with low unemployment and wage growth, although there are signs of cooling. Consumer sentiment has declined recently, but spending data remains resilient. Business investment and surveys indicate economic strength, while construction spending and mortgage rates trend higher. The long-term outlook for the stock market is still positive, bolstered by earnings growth. However, the unknown impact of tariffs and other potential risks indicate that investors should remain vigilant and prepared for market fluctuations.

Published on: February 09, 2025, 08:00 PM UTC

Financial educator Kara Perez shares her unique approach to helping friends in need by creating a "Friend Emergency Fund" to cover unexpected expenses like utility bills, groceries, and emotional support.

Published on: February 09, 2025, 07:00 PM UTC

Despite Trump's promise of tax cuts and deregulation, C-Suite executives are feeling powerless due to Trump's policy chaos, especially regarding tariffs. Uncertainty has led to conservative guidance and analysts revising earnings estimates lower.

Published on: February 09, 2025, 05:00 PM UTC

Conservative activist Robby Starbuck targets JPMorgan Chase for its DEI initiatives, calling them "embarrassing" and accusing the bank of using illegal quotas. JPMorgan CEO Jamie Dimon is defiant, saying he will "scour" the bank's DEI programs to ensure compliance with evolving laws. The move comes as companies across various industries face increasing pressure to abandon DEI policies.

Published on: February 09, 2025, 04:00 PM UTC

BP's share price has fallen 9.3% over the last 12 months, leaving it vulnerable to a takeover bid. The oil giant is set to announce its new strategy on February 26th.

Published on: February 09, 2025, 04:00 PM UTC

PwC, McKinsey, Deloitte, and EY's AI leaders share tips for using AI in everyday work, addressing challenges, and understanding client questions about incorporating AI into their business.

Published on: February 09, 2025, 03:00 PM UTC