Business

JPMorgan Chase and Bank of America weigh in on the potential impact of Trump's policies on the economy, regulation, and tariffs.

Published on: January 21, 2025, 04:03 PM UTC

Prologis Tops Q4 Estimates as Warehouse Demand Heats Up, Forecasts Cautious Outlook

Published on: January 21, 2025, 04:03 PM UTC

Netflix is set to report its fiscal fourth quarter earnings on Tuesday, with analysts expecting strong results after a successful end to the year. The company is looking to continue its momentum in 2023, but macroeconomic uncertainties and a potential price hike could weigh on its performance.

Published on: January 21, 2025, 04:03 PM UTC

JPMorgan CEO Mary Callahan Erdoes discusses Trump 2.0's impact on the economy and the banking industry, while Bank of America CEO Brian Moynihan analyzes the potential consequences of tariffs.

Published on: January 21, 2025, 04:01 PM UTC

Mark Zuckerberg, CEO of Meta, has recently embraced President Trump, leading to concerns and unhappiness among employees. Meta's stock has rebounded in profitability, up 66% in the past year, but Zuckerberg's policy changes may have reputational consequences.

Published on: January 21, 2025, 04:01 PM UTC

Charles Schwab Corp. reported fourth-quarter revenue that exceeded Wall Street estimates, driven by record inflows to its retail brokerage. Full-year revenue growth was 4%, surpassing guidance, and the firm expects revenue to increase by 13% to 15% this year. Schwab plans to continue building on its momentum and diversify its customer base in 2025.

Published on: January 21, 2025, 04:01 PM UTC

Meta CEO Mark Zuckerberg's political embrace of President Trump sparks concern and questions among employees over the company's reputation. Zuckerberg has axed third-party fact-checking, hired Trump loyalists, and reinstated political content, aligning himself with Elon Musk's moves. Analysts speculate on the impact of these changes and Trump's support for rival platform TikTok.

Published on: January 21, 2025, 04:00 PM UTC

The U.S. Senate Finance Committee has voted to send the nomination of Scott Bessent as Treasury Secretary to the full Senate for approval.

Published on: January 21, 2025, 04:00 PM UTC

US Upstream Public-to-Public Mergers to Moderate in 2025, Deal Sizes to Shrink

Published on: January 21, 2025, 03:04 PM UTC

Hopper, a leading travel data provider with over 650 remote employees, is eyeing a public listing that could value the business at $5-$10 billion. The company offers flight, hotel, and car rental price predictions and has gained popularity among millennials and Gen Z. Hopper's technology has given it an edge against competitors like Expedia and Booking Holdings, but analysts caution that entry barriers are low in the travel-booking industry.

Published on: January 21, 2025, 03:04 PM UTC