Market

Wall Street shrugged off Trump's tariff threat, with the S&P 500 rising 0.7%, Dow Jones up 0.4%, and Nasdaq climbing 1%.

Published on: February 10, 2025, 10:09 PM UTC

PetMed Express reports a loss of $707,000 in its fiscal third quarter

Published on: February 10, 2025, 10:09 PM UTC

Ark Restaurants Reports Q1 Earnings, Revenue Rises 15% YTD

Published on: February 10, 2025, 10:08 PM UTC

SelectQuote, Inc. (SLQT) Reports Strong Fiscal Q2 With Net Income of $53.2 Million, Revenue of $481.1 Million. Zacks Investment Research provides a stock report on SLQT at https://www.zacks.com/ap/SLQT.

Published on: February 10, 2025, 10:06 PM UTC

Despite recent market volatility, retail investors are aggressively buying leveraged long ETFs, pushing their assets to almost $100 billion, while bearish bets remain subdued. 2x and 3x ETFs on tech stocks, semiconductors, and Ether have seen significant inflows, reflecting a surge in risk appetite among investors.

Published on: February 10, 2025, 10:04 PM UTC

Amkor (NASDAQ:AMKR) falls short of revenue estimates in Q4 '24, with a 7% drop in sales to $1.63 billion. EPS beats estimates at $0.43, but guidance for Q1 '25 disappoints. Despite recent revenue declines, analysts project 8.5% growth over the next 12 months.

Published on: February 10, 2025, 10:04 PM UTC

A full-scale trade war could have a negative impact on the US economy, according to Apollo Global Management chief economist Torsten Sløk. Sløk says it could lead to a "stagflationary shock," which is a period of slow growth and high inflation. The markets have so far taken the news in stride, but Sløk says investors need to take tariff risk more seriously.

Published on: February 10, 2025, 10:03 PM UTC

Gold hits record high above $2,900 as trade war fears escalate, with analysts bullish on the safe haven asset.

Published on: February 10, 2025, 10:03 PM UTC

The Magnificent Seven tech stocks have underwhelmed in 2025, with only Meta Platforms showing double-digit gains. Artificial intelligence spending concerns have weighed on sentiment, and investors are worried about profit margins hitting a short-term peak. Tesla is the worst performer, down 6%, while Amazon is up 5.9%. Meta, Microsoft, Amazon, and Alphabet are planning to spend a combined $325 billion on capital expenditures this year, raising concerns about monetization versus capex.

Published on: February 10, 2025, 10:02 PM UTC

From slashing foreign aid to cutting healthcare and eliminating the penny, President Trump's early actions as president aim to finance tax cuts while reducing national debt.

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