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The SEC requests a 60-day stay of its case against crypto exchange Binance, citing developments in the crypto regulatory framework under the Trump administration.
Published on: February 11, 2025, 01:01 PM UTC
Fed rate hike risk rises as Trump tariffs threaten to fuel inflation.
Published on: February 11, 2025, 01:00 PM UTC
Chevron's oil and gas reserves have fallen to a decade low, raising concerns about the company's long-term prospects. The acquisition of Hess, which is currently stalled due to a legal battle with Exxon Mobil, would give Chevron a stake in the lucrative Guyana oilfields.
Published on: February 11, 2025, 12:07 PM UTC
Sequans Communications SA (SQNS) reports a Q4 loss of $2.7 million, with a per-share loss of 11 cents. Adjusted losses were 8 cents per share, on revenue of $11 million.
Published on: February 11, 2025, 12:05 PM UTC
UK sells record £13bn of 10-year bonds, attracting highest-ever demand from investors keen to lock-in yields near multi-decade highs.
Published on: February 11, 2025, 12:04 PM UTC
Meta Platforms leads rally in Magnificent Seven despite AI spending fears weighing on sentiment.
Published on: February 11, 2025, 12:03 PM UTC
US stocks rebounded on Monday as investors shrugged off President Trump's latest tariff threats. The Dow Jones Industrial Average (^DJI) gained nearly 0.4%, the S&P 500 (^GSPC) rallied about 0.6%, and the Nasdaq Composite (^IXIC) surged about 1%. Despite Trump's announcement that he would impose a 25% tariff on all steel and aluminum imports into the US, markets brushed off the threats. Energy stocks outperformed as oil prices rebounded from a three-week decline, while tech stocks also saw gains. Gold surged past $2,900 per ounce as investors sought safe-haven assets amid the tariff concerns.
Published on: February 11, 2025, 12:03 PM UTC
Coca-Cola earnings preview: Revenue expected to reach $10.67B, EPS at $0.52. Analysts anticipate strong organic revenue growth due to price increases offsetting headwinds like cautious consumers and international market challenges.
Published on: February 11, 2025, 12:02 PM UTC
US stock futures fell Tuesday as investors braced for more tariff policy shifts from President Donald Trump and turned their attention to inflation with testimony from Federal Chair Jerome Powell on the horizon.
Published on: February 11, 2025, 12:02 PM UTC
Trump's focus on reciprocal tariffs could impact global trading relationships. Some countries with high tariffs could face retaliation, while others may argue for lower US tariffs under a reciprocal system. Trump's plans will be announced this week, raising questions about implementation challenges and the possibility of lowering US tariffs.
Published on: February 11, 2025, 12:01 PM UTC