Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape
US stock futures hold steady after Walmart's earnings outlook weighs on major indexes; Celsius Holdings soars on acquisition news, Dropbox slips on growth concerns.
Published on: February 21, 2025, 02:01 AM UTC
Yen surges to 2-1/2-month high as Japan's inflation jumps; dollar faces third weekly drop
Published on: February 21, 2025, 02:01 AM UTC
The New Zealand central bank welcomes a weaker exchange rate to support economic growth, with the lower kiwi dollar expected to boost export incomes and offset housing market sluggishness.
Published on: February 21, 2025, 02:01 AM UTC
Deregulation could spark further upside in the stock market, says Bank of America. Investors should eye stocks in consumer discretionary and financials sectors as key beneficiaries.
Published on: February 21, 2025, 02:00 AM UTC
Rivian (RIVN) reported a strong Q4 with gross profit, better-than-expected EBITDA loss, and plans for a smaller loss in 2025. The company also expanded its partnership with Volkswagen and won a conditional commitment for a $6.6 billion loan from the DOE.
Published on: February 21, 2025, 01:01 AM UTC
Major US stock futures were hardly moving after the major indexes slumped following a weak earnings outlook from retail giant Walmart (WMT).
Published on: February 21, 2025, 01:01 AM UTC
Asian stocks traded in a narrow range on Friday after US shares fell from record highs, with investors watching for a rebound in Chinese shares after losses on Thursday. The yen strengthened past 150 per dollar, while the S&P 500 slipped 0.4% on Thursday as Walmart shares fell.
Published on: February 21, 2025, 01:01 AM UTC
South Korea's central bank widely expected to cut key interest rate by 25 basis points on Tuesday, with further easing likely this year.
Published on: February 21, 2025, 01:00 AM UTC
U.S. stocks fall after Walmart gives disappointing sales outlook for 2019. The Dow dropped 450 points and the S&P 500 fell 0.4%.
Published on: February 21, 2025, 12:03 AM UTC
Natural gas is leading energy stocks higher, with the S&P 500 Energy ETF (XLE) up more than 7% year to date. Plains All American Pipeline (PAA), Baker Hughes (BKR), and MPLX (MPLX) are among the top performers, while ExxonMobil (XOM) and Chevron (CVX) have also seen gains. Investors are rotating into the sector on expectations of increased stock buybacks and dividends.
Published on: February 21, 2025, 12:02 AM UTC