Asian shares fall on US-China trade jitters; S&P 500 sets record on Microsoft, Tesla boost
Published on: February 20, 2025, 04:00 AM UTC
US stocks closed higher on Wednesday as investors weighed President Trump's latest 25% tariff salvo and digested the Federal Reserve minutes for insight into future policy. The benchmark S&P 500 (^GSPC) moved up about 0.2%, hitting a fresh record high of 6,144.15, after notching a record on Tuesday as well.
Published on: February 20, 2025, 12:02 AM UTC
Carvana stock drops 10.8% despite reporting bullish Q4 results, with revenue beating estimates by 6.2% and adjusted EBITDA surpassing expectations by 8%. Read our full research report for insights on the company's growth and valuation.
Published on: February 19, 2025, 10:00 PM UTC
US stock futures signal a higher open on Tuesday with Nasdaq 100 and S&P 500 futures both up over 0.3%. Investors await the release of minutes from the Fed's January meeting and earnings from Walmart and Dropbox this week.
Published on: February 18, 2025, 11:01 AM UTC
Netflix, Amazon, and other streaming services are increasingly investing in live events and sports to prevent churn and compete with traditional TV players. Levy, co-CEO of Horizon Sports and Experiences, highlights the importance of providing content that keeps customers engaged, noting that sports programming has built-in fan bases and is highly successful.
Published on: February 18, 2025, 01:01 AM UTC