Market

K-Beauty and Korean Skin-Care: All You Need to Know

Published on: February 07, 2025, 04:00 PM UTC

China's antitrust investigations into Apple, Google, Intel, and Nvidia are the latest salvo in the trade war between the U.S. and China. Apple is getting squeezed on both sides, with the U.S. tariffs on Chinese goods and China's antitrust investigation into its App Store practices. Intel is particularly vulnerable, as China accounts for the bulk of its revenue. Google does very little business in China, but Nvidia is under pressure from both China and the U.S. over its AI chips.

Published on: February 07, 2025, 04:00 PM UTC

Traders anticipate the Federal Reserve will cut its policy rate in June and again by the end of 2025, despite the unemployment rate being at 4%.

Published on: February 07, 2025, 03:05 PM UTC

Rising cocoa prices are expected to reduce demand, resulting in a smaller supply deficit, according to JPMorgan. Despite falling demand, chocolate prices are set to continue rising as companies pass on higher costs.

Published on: February 07, 2025, 03:04 PM UTC

Strong Jobs Report Keeps Fed on Hold, Stocks Waver; Treasury Yields Climb

Published on: February 07, 2025, 03:04 PM UTC

US stocks edged higher Friday, boosted by jobs data showing resilience in the labor market. The S&P 500 gained 0.1%, while the Nasdaq Composite added 0.3%. Amazon's disappointing revenue outlook weighed on shares, dropping 2% in early trading. The monthly jobs report showed the US economy added 143,000 jobs in January, below expectations but indicating a resilient labor market. The unemployment rate ticked down to 4.0% from 4.1% in December.

Published on: February 07, 2025, 03:02 PM UTC

Amazon's revenue surpassed Walmart's in Q4 2022 for the first time ever. This is a major milestone for Amazon, which has been growing rapidly in recent years. The company's revenue growth is driven by its cloud computing business, which is now its biggest earner.

Published on: February 07, 2025, 03:02 PM UTC

Amazon stock (AMZN) dropped 3% premarket after mixed Q1 guidance and massive spending on AI infrastructure announced. Despite the miss and heavy capex, analysts remain bullish on Amazon's long-term growth prospects, citing AWS reacceleration and continued retail growth.

Published on: February 07, 2025, 03:02 PM UTC

January jobs report: US unemployment rate falls to 4%, wages grow, and 143,000 new jobs are created. The labor market remains resilient, keeping the Fed on the sidelines for interest rate cuts in 2025.

Published on: February 07, 2025, 03:01 PM UTC

AMD's stock price falls as investors question AI revenue guidance and competition from Nvidia, but analysts see potential upside due to strong AI spending and a discounted valuation.

Published on: February 07, 2025, 03:01 PM UTC