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NYSE's Chicago Division to Reincorporate in Texas, Sparking Competition for Listing Venues
Published on: February 12, 2025, 02:03 PM UTC
US stock futures fell on Wednesday after a hotter-than-expected January inflation reading. Investors are digesting the data and awaiting more earnings reports. Major indices are down, with Dow Jones Industrial Average futures falling 1%, S&P 500 futures 1.1%, and Nasdaq 100 futures 1.2%.
Published on: February 12, 2025, 02:02 PM UTC
Healthcare is making a comeback in 2025, outperforming tech stocks and offering investors a potential hedge against tech's recent weakness.
Published on: February 12, 2025, 02:02 PM UTC
Tesla's CEO Elon Musk's bid for OpenAI raises concerns about distraction and valuation, posing risks to the company's performance amidst increasing competition and political headwinds.
Published on: February 12, 2025, 02:02 PM UTC
Tesla stock is down 33% since hitting a record high in December 2024. Analysts say the drop is due to concerns about Tesla's sales in important overseas markets, the company's close proximity to Trump, and fresh tariffs from the Trump administration.
Published on: February 12, 2025, 02:02 PM UTC
CVS reports Q4 and full-year 2024 earnings beat, sending shares up 8% pre-market. Revenue and earnings details, impact of healthcare segments, medical loss ratio, and 2025 guidance provided.
Published on: February 12, 2025, 02:01 PM UTC
Inflation data released Wednesday shows headline consumer prices rose more than forecast in January, with the CPI increasing 3.0% year-over-year. Core inflation, excluding food and gas, climbed 0.4% over the prior month and 3.3% over last year, remaining above the Fed's 2% target. Despite some deceleration in shelter costs, used car prices saw another strong uptick.
Published on: February 12, 2025, 02:01 PM UTC
President Trump proposes lowering interest rates in conjunction with new tariffs, despite economists' inflation concerns and expectations of delayed rate cuts.
Published on: February 12, 2025, 02:00 PM UTC
OPEC forecasts robust global oil demand growth of 1.45 million barrels per day in 2025, supported by air and road travel, despite uncertainty from US trade policy.
Published on: February 12, 2025, 02:00 PM UTC
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates.
Published on: February 12, 2025, 02:00 PM UTC