Market

US stock futures rose as markets digested concerns over Big Tech's AI spending and President Trump's economic policies. Alphabet's stock dipped after its earnings report showed a drop in cloud revenue, while Nvidia's shares climbed on Tuesday. Amazon is set to release earnings after markets close Thursday.

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

Ford beat Q4 earnings and revenue estimates but provided muted guidance for 2025 due to market headwinds. Ford Blue, Model e, and Ford Pro segments reported mixed results, with Model e facing continued losses. CEO Farley highlighted focus on quality, cost, and electrification, while also advocating for a comprehensive tariff policy.

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

China's ethane imports from the US are expected to surge as petrochemical producers switch to cheaper feedstock amid the trade war. Despite limited US export capacity and a lack of tankers, China plans to invest heavily in crackers and Very Large Ethane Carriers to meet its growing demand.

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

German election highlights financial policies of leading parties, including plans for financial market union, venture capital incentives, bitcoin deregulation, a wealth tax, and the future of cash.

Published on: February 06, 2025, 08:00 AM UTC

Asian shares are mostly up as Wall Street rallies on earnings reports. Japan's Nikkei 225 gained 0.5%, Australia's S&P/ASX 200 surged 1.2%, South Korea's Kospi edged up 0.7%, Hong Kong's Hang Seng rose 0.8%, and the Shanghai Composite added 1.0%. In Japan, Honda Motor stock pared some gains after talks of a joint venture unraveling. Meanwhile, Nissan shares recovered. On Wall Street, the S&P 500 rose 0.4%, the Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 0.2%. Toymaker Mattel jumped 15.3%, while Alphabet sank 7.3% amid concerns about its cloud business. Uncertainty about tariffs hangs over the global economy, but trade war concerns have eased after Trump gave reprieves to Mexico and Canada. Yields in the bond market fell due to weaker growth in U.S. services businesses.

Published on: February 06, 2025, 07:04 AM UTC

The Bank of England is poised to cut interest rates to a record low as Brexit fears and global economic headwinds take their toll.

Published on: February 06, 2025, 07:04 AM UTC

ECB board member suggests interest rates could fall further as inflation moderates. A trade war with China could impact the euro zone negatively, but policymakers maintain that other factors could maintain inflation balance.

Published on: February 06, 2025, 07:04 AM UTC

Gold prices rise to record highs as central banks and investors seek safe haven amid escalating tariffs and geopolitical tensions, surpassing $2,877 per ounce.

Published on: February 06, 2025, 07:02 AM UTC

US stock futures rise as Alphabet dips, Nvidia climbs; Dow futures up 0.2%

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

China's export controls on tungsten, a crucial metal for weapons manufacturing, have sent shockwaves through the industry. North America's Almonty Industries Inc. is seeing a surge in stock prices as investors anticipate potential supply shortages. The move highlights China's leverage over critical minerals, leading companies to explore alternatives outside the country.

Published on: February 06, 2025, 07:00 AM UTC