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US stocks rose on Tuesday, led by Big Tech. Investors weighed China's retaliation to President Trump's latest tariffs and assessed the potential risks of a trade war. Job openings data also showed a decline in December, as the labor market cools.
Published on: February 04, 2025, 10:05 PM UTC
Robinhood has been ordered by the CFTC to suspend its new event contracts product, which allowed users to bet on the outcome of sporting events.
Published on: February 04, 2025, 10:03 PM UTC
Disney aims to extend streaming success and capitalise on box office hits in Q1 earnings
Published on: February 04, 2025, 10:02 PM UTC
Alphabet beats EPS, misses on Cloud revenue as China probes antitrust
Published on: February 04, 2025, 10:02 PM UTC
AMD Beats Earnings, but Stock Drops After Hours
Published on: February 04, 2025, 10:02 PM UTC
US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's swift retaliation to the US's increased tariffs and the potential consequences of a trade conflict. Traders also digested new employment information, which revealed a larger-than-anticipated decrease in job vacancies in December. Investors continue to watch for signs of a downturn in the labor market as the Federal Reserve deliberates potential interest rate reductions in light of persistent inflation. The Dow Jones Industrial Average (^DJI) climbed roughly 0.3%, while the S&P 500 (^GSPC) gained roughly 0.7%. Following losses on Monday, the Nasdaq Composite (^IXIC), which is heavily weighted toward technology, gained nearly 1.4%.
Published on: February 04, 2025, 10:01 PM UTC
Republican lawmakers announce plans for stablecoins bill and regulatory framework to bring clarity to digital asset industry in the United States.
Published on: February 04, 2025, 10:01 PM UTC
Goldman Sachs expects Beijing's retaliatory tariffs on US goods to have limited impact on energy prices due to alternative markets for impacted volumes and the ability to redirect supply from other sources.
Published on: February 04, 2025, 10:00 PM UTC
Veralto (NYSE:VLTO) met Q4 revenue estimates with $1.35B, in line with expectations. Non-GAAP EPS of $0.95 surpassed analysts' consensus by 6.5%. Despite mixed earnings, analysts forecast 5% revenue growth in the next 12 months. Read our full report to determine if Veralto is a buy at its current valuation.
Published on: February 04, 2025, 10:00 PM UTC
Waffle House adds 50-cent surcharge for eggs due to bird flu-driven price increases.
Published on: February 04, 2025, 09:04 PM UTC