Market

Earnings from Alphabet and other tech giants raise concerns about AI spending. The Magnificent Seven's profit growth is slowing, while their capital expenditures are rising, leading to a decline in valuations. Investors are looking for stronger profit growth from other S&P 500 companies.

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

U.S. stock futures dip after Alphabet's mixed earnings, while the dollar softens against the Japanese yen amid talk of higher interest rates.

Published on: February 05, 2025, 01:00 PM UTC

India's plan to review import tariffs on items like luxury cars, solar cells, and chemicals may lead to increased imports from the US amidst growing global trade tensions.

Published on: February 05, 2025, 12:07 PM UTC

Costamare Inc. (CMRE) reported Q4 earnings of $31.9 million, or 25 cents per share. Adjusted EPS was 69 cents. Revenue was $548.4 million.

Published on: February 05, 2025, 12:07 PM UTC

Cencora, Inc. reports Q1 net income of $488.6 million, exceeding Wall Street expectations, with earnings of $3.73 per share (adjusted) and revenue of $81.49 billion.

Published on: February 05, 2025, 12:06 PM UTC

RXO Inc. (RXO) reported a loss of $20 million in its fourth quarter, but earnings, adjusted for one-time gains and costs, came to 6 cents per share, meeting Wall Street expectations. Revenue was $1.67 billion, beating Street forecasts.

Published on: February 05, 2025, 12:05 PM UTC

US equity futures fell as investors weigh trade war and earnings from Alphabet and AMD

Published on: February 05, 2025, 12:05 PM UTC

Disney Q1 earnings beat expectations despite Disney+ subscriber loss, parks headwinds

Published on: February 05, 2025, 12:04 PM UTC

US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's instant retaliation to US President Donald Trump's additional tariffs and the potential risks of a trade war. The Nasdaq Composite jumped nearly 1.4% to recoup some of Monday's losses, while the Dow Jones Industrial Average and S&P 500 also gained. The US dollar index fell after China implemented additional tariffs on various US imports. Alphabet's stock price dropped after hours as revenue missed expectations, despite strong earnings from AMD and Snap. Investors continue to watch for signs of cooling in the labor market as the Federal Reserve debates future rate cuts amid inflation concerns.

Published on: February 05, 2025, 12:03 PM UTC

President Trump's 10% tariff on Chinese imports adds $45 billion in costs to American consumers, fueling inflation concerns at a time when shoppers are highly price-sensitive. Despite his promise to lower prices, Trump's tariffs on Canada, Mexico, and more could cost families up to $2,600 annually, raising fears of inflation reigniting in an economy already facing higher prices.

Published on: February 05, 2025, 12:03 PM UTC