Market

The labor market is holding steady, but economists are watching inflation closely as a potential threat. In ADP's January National Employment Report, service-providing sectors added jobs while goods-producing sectors lost jobs, indicating a consumer-led hiring market.

Published on: February 06, 2025, 02:02 PM UTC

U.S. stock futures edge higher ahead of earnings rush; Amazon, Peloton in focus; tariff jitters ease

Published on: February 06, 2025, 02:01 PM UTC

US stock index futures fluctuate as heavyweights disappoint with earnings; Qualcomm, Ford, and Honeywell among those under pressure, while S&P 500 futures retrace early gains.

Published on: February 06, 2025, 02:01 PM UTC

Initial jobless claims rise slightly, but labor market remains resilient with low layoffs.

Published on: February 06, 2025, 02:00 PM UTC

IQVIA Holdings Inc. (IQV) reported fourth-quarter profit of $437 million, or $2.42 per share, topping Wall Street expectations. The clinical testing company posted revenue of $3.96 billion in the period. For the year, IQVIA reported profit of $1.37 billion, or $7.49 per share, on revenue of $15.41 billion.

Published on: February 06, 2025, 01:11 PM UTC

The Bank of England lowers interest rates to a 19-month low but signals only two more reductions are needed to curb inflation.

Published on: February 06, 2025, 01:10 PM UTC

M/A-Com Technology Solutions reports Q1 loss, beats estimates

Published on: February 06, 2025, 01:09 PM UTC

Hershey's Q4 2024 results topped estimates, with revenue up 8.7% and adjusted EPS up 13.3%. Key metrics like organic revenue growth and gross margin outperformed expectations, while sales volumes showed a turnaround. Hershey remains a resilient investment in the packaged food space, but further analysis is needed to determine its suitability as a buy.

Published on: February 06, 2025, 01:08 PM UTC

**Luxury Fashion Company Tapestry Reports Strong Q4 Sales, Beating Estimates** Tapestry (NYSE: TPR) announced better-than-expected revenue in Q4 2024, surpassing analysts' estimates by 4.2% and driving a 14.6% stock surge. Its full-year guidance also came in above expectations, with a 1.4% increase in revenue estimates and a 13% beat on EPS guidance. Explore Tapestry's financial highlights, business overview, and growth prospects in our research report.

Published on: February 06, 2025, 01:08 PM UTC

US stock index futures wavered as Qualcomm and Ford Motor Co. slumped in premarket trading after disappointing earnings. S&P 500 futures were little changed after erasing an early gain.

Published on: February 06, 2025, 01:07 PM UTC