Market

Pfizer CEO Albert Bourla says RFK Jr.'s views on vaccines are not as radical as perceived and he supports his nomination for HHS secretary, despite concerns from the medical community and science groups.

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

Disney reports earnings on Wednesday with Wall Street expecting $24.57B in total revenue and $1.42 adjusted EPS. Focus will be on streaming profitability, subscriber growth and future CEO succession.

Published on: February 04, 2025, 11:02 PM UTC

Google parent Alphabet beats on earnings, falls short on cloud revenue

Published on: February 04, 2025, 11:02 PM UTC

AMD beats Q4 earnings expectations but stock falls after hours. Revenue and EPS top estimates, but AI competition and PC slowdown weigh on stock price.

Published on: February 04, 2025, 11:02 PM UTC

US stocks rallied on Tuesday, with tech giants leading the way, as investors evaluated China's immediate retaliation to US President Donald Trump's additional tariffs and the possibility of a trade war. Traders also absorbed the latest jobs data, which indicated a sharper-than-expected decline in job openings in December. Investors continue to monitor any indicators of a labor market cooling as the Federal Reserve weighs future interest rate cuts amidst persistent inflation.

Published on: February 04, 2025, 11:02 PM UTC

GOP Lawmakers Propose Stablecoins and Crypto Regulation Bills for the US

Published on: February 04, 2025, 11:01 PM UTC

A 10% surge in import costs shouldn't harm the US economy, but Trump's tariffs come amid heightened price sensitivity. Consumers are more likely to avoid purchases due to inflation concerns, despite Trump's pledge to reduce prices. Tariffs on China, Canada, and Mexico could cost families up to $2,600 annually, affecting a wide range of goods. Despite previous tariffs, Trump's bigger plans and the inflationary environment raise concerns about reflation.

Published on: February 04, 2025, 11:01 PM UTC

Marathon Petroleum is considering switching to domestic oil if a trade war limits access to foreign supply, potentially impacting US refiners' reliance on Canadian crude.

Published on: February 04, 2025, 11:01 PM UTC

Prudential Financial Inc. reported a Q4 loss of $57 million, or 17 cents per share, missing Wall Street expectations. Adjusted earnings were $2.96 per share on revenue of $13.01 billion, also below estimates.

Published on: February 04, 2025, 10:09 PM UTC

CVRx Inc. (CVRX) reported a Q4 loss of $0.43 per share, missing estimates by $0.06. Revenue came in at $15.3 million. For the year, CVRx reported a loss of $2.65 per share, with revenue of $51.3 million. The company expects Q1 revenue in the range of $14.5-$15 million and full-year revenue in the range of $63-$65 million.

Published on: February 04, 2025, 10:06 PM UTC