Market

Google parent Alphabet beats on earnings, misses on cloud revenue; China launches antitrust probe

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

AMD shares fall despite beating earnings expectations, while Nvidia and Intel shares fluctuate amid concerns over tariffs and AI competition.

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

Republican lawmakers are moving to help President Trump fulfill what the crypto world wants: clear regulation for the digital asset industry. They are set to move first with a bill on stablecoins and then tackle a more comprehensive bill on market structure for crypto.

Published on: February 05, 2025, 12:02 AM UTC

Trump's new tariffs target Chinese imports, including cheap fashion items. Closing the de minimis exemption will add tariffs and fees, potentially costing consumers $11.4 billion and hurting poorer households. Legal challenges to the tariffs are expected due to questions about their legality under the International Emergency Economic Powers Act.

Published on: February 05, 2025, 12:01 AM UTC

Trump's new tariffs may hurt cheap fashion fans and online bargain hunters, who rely on Chinese imports. The new rules eliminate a loophole that allowed packages worth up to $800 to be shipped into the country duty-free, a move that has drawn criticism from retailers and manufacturers.

Published on: February 05, 2025, 12:01 AM UTC

New U.S. tariffs on products made in China are expected to increase the cost of various goods, including electronics, home supplies, car parts, and inexpensive apparel. The tariffs will also impact e-commerce platforms that sell low-cost items shipped from China.

Published on: February 05, 2025, 12:00 AM UTC

Japanese automakers Honda and Nissan may call off merger talks, reported by Asahi Shimbun newspaper. This could further unsettle crisis-hit Nissan.

Published on: February 04, 2025, 11:08 PM UTC

Electronic Arts (EA) reported mixed Q4 results with revenue below expectations but upbeat guidance. Revenue declined 20.4% YoY to $1.88B, missing estimates by 4.6%. However, its GAAP profit per share of $1.11 surpassed estimates by 3%. Q1 revenue guidance of $1.76B exceeds analysts' forecasts. Full-year EPS guidance of $4.08 also beats expectations. For more insights, access our full research report.

Published on: February 04, 2025, 11:05 PM UTC

Tariff hikes by President Trump have increased consumer price sensitivity, with a 10% increase in import costs from China potentially leading to an annual hit of $1,200 per family. This comes amidst rising inflation and concerns about a possible recession.

Published on: February 04, 2025, 11:03 PM UTC

Robinhood (HOOD) shares rise despite CFTC request to halt sports event contracts.

Published on: February 04, 2025, 11:03 PM UTC