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Toyota (TM) stock is up after reporting better-than-expected earnings and outlining plans for a new EV unit in China that will manage the Lexus EV production.
Published on: February 05, 2025, 03:01 PM UTC
Uber reports a muted outlook for Q1 bookings due to currency headwinds and extreme weather, as legal expenses rise and the company expands into new revenue streams.
Published on: February 05, 2025, 03:01 PM UTC
Bunge Global SA expects profits to hit their lowest level since before the pandemic due to Donald Trump's trade war and crop market uncertainty.
Published on: February 05, 2025, 03:00 PM UTC
Tesla sales in Germany plummeted 59.5% in January amid Elon Musk's political involvement and declining market share in Sweden and Norway.
Published on: February 05, 2025, 03:00 PM UTC
Novo Nordisk beats earnings estimates, driven by blockbuster weight loss drugs that account for 60% of revenue. The company anticipates slower growth in 2025 but remains optimistic due to positive early trial data for next-generation drugs. Potential headwinds include generic competition and Medicare drug pricing negotiations.
Published on: February 05, 2025, 02:06 PM UTC
US-EU trade war threatens Northern Ireland as it could trigger EU tariffs on goods entering the region, putting it at a competitive disadvantage and exacerbating political tensions.
Published on: February 05, 2025, 02:06 PM UTC
US futures and Asian stocks drop amid trade war worries and disappointing earnings from Alphabet and AMD. Oil falls, gold rises to a record high. Key events this week include US trade data, Fed speakers, ISM services data, and US nonfarm payrolls.
Published on: February 05, 2025, 02:05 PM UTC
The US Treasury maintains guidance on unchanged long-term debt sales until 2025 despite criticism from Secretary Bessent. Treasury will sell $125 billion in 3-, 10-, and 30-year debt in its quarterly refunding auctions, keeping auction sizes stable.
Published on: February 05, 2025, 02:04 PM UTC
A 10% tariff on imports from China, Canada, and Mexico could cost the average American family $1,200 per year, according to a new report. The tariffs would raise prices on a wide range of goods, including automobiles, appliances, electronics, building materials, medicines, clothing, food, and toys.
Published on: February 05, 2025, 02:03 PM UTC
Trump's tariffs may hit consumers hard, especially those who shop online for cheap Chinese goods. The end of the de minimis exemption will add tariffs and fees to Chinese packages, costing consumers billions of dollars. The legality of the tariffs is also unclear, with some experts predicting lawsuits to overturn them.
Published on: February 05, 2025, 02:03 PM UTC