Market

Griffon Corp (GFF) shares jumped 10.7% after the consumer and professional products manufacturer reported Q4 results that beat EPS and EBITDA estimates but slightly missed on revenue.

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

China has launched a dispute at the WTO over tariffs imposed by US President Donald Trump on Chinese goods. China says the measures are inconsistent with US obligations under the WTO agreement and reserves the right to take further action.

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

BlackRock to launch Bitcoin exchange-traded product in Europe in response to growing demand.

Published on: February 05, 2025, 07:04 PM UTC

Sigma Broking, one of eight members of the London Metal Exchange, is in talks to sell its business three years after joining the LME.

Published on: February 05, 2025, 07:04 PM UTC

US stocks rose on Monday as earnings from megacaps overshadowed downbeat readings on services and tech earnings. The S&P 500 advanced 0.1%, the Dow climbed 0.3% and the Nasdaq was little changed. Treasury yields fell as new orders for US service providers hit the weakest level since June.

Published on: February 05, 2025, 07:04 PM UTC

Apple shares fell after a report that China is considering an antitrust probe into its App Store policies. The company has been facing regulatory scrutiny in the US and EU as well.

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

AI spending shows no signs of slowing down as Alphabet plans to invest $75 billion in capital expenditure in 2025, defying concerns raised by the emergence of China's DeepSeek. Despite Nvidia's initial stock sell-off, analysts remain bullish on the company and the AI chip sector overall.

Published on: February 05, 2025, 07:02 PM UTC

Ford (F) set to report Q4 earnings, with focus on cost control and EV progress. Revenue is expected to decline, but adjusted EPS is seen rising; investors will watch for updates on cost containment and EV profitability path.

Published on: February 05, 2025, 07:01 PM UTC

Bond traders can exploit uncertainty caused by President Trump's policies to generate strong returns, according to Pacific Investment Management Co.'s chief investment officer. The asset manager is betting on five- to 10-year bonds, as they generate solid income, and are prepared to buy more if yields rise back toward 5%.

Published on: February 05, 2025, 07:01 PM UTC

Arm Holdings' valuation remains high despite AI concerns, with the stock up almost 40% in 2025. Investors will seek reassurance with upcoming earnings report amidst uncertainty in the AI landscape.

Published on: February 05, 2025, 07:01 PM UTC