Market

Disney (DIS) is set to report earnings before the bell on Wednesday. Wall Street expects total revenue of $24.57 billion and adj. EPS of $1.42. Streaming profitability, subscriber growth, and the search for a new CEO will be key points to watch.

Published on: February 04, 2025, 09:00 PM UTC

Venezuela's oil exports increased by 15% in January, driven by Chevron's increased shipments and higher exports to China. Despite the US not renewing Venezuela's oil export authorization, individual licenses granted to PDVSA partners and customers allowed exports to flow to markets like the US, Europe, and India.

Published on: February 04, 2025, 08:03 PM UTC

Robinhood suspends sports event contracts offering after a request from the CFTC. The CFTC is asking Kalshi and others offering the contracts to explain their compliance with derivatives rules.

Published on: February 04, 2025, 08:03 PM UTC

BofA's Vivek Arya maintains Nvidia as his top stock pick for 2025, with a price target of $190, despite recent sell-off in the stock due to concerns over AI chip competition.

Published on: February 04, 2025, 08:02 PM UTC

Fox Enters Streaming Market with New Service Targeting Cord-Cutters

Published on: February 04, 2025, 08:02 PM UTC

US stocks rose on Tuesday as investors weighed China's immediate retaliation to President Donald Trump's additional tariffs amid concerns about the risk of a trade war. Traders also absorbed new employment figures, showing job vacancies falling more than anticipated in December. Investors remain vigilant for indicators of a labor market cooling as the Federal Reserve debates future interest rate cuts in the face of obstinate inflation.

Published on: February 04, 2025, 08:01 PM UTC

US stocks rallied on Tuesday as investors gauged China's immediate response to President Donald Trump's additional tariffs amidst fears of a potential trade war. Investors also digested fresh jobs data, with job openings dropping more than expected in December. Investors continue to monitor signs of a cooling labor market as the Federal Reserve weighs future interest rate cuts amid persistent inflation.

Published on: February 04, 2025, 08:00 PM UTC

Stocks rebounded on Tuesday as dip buyers stepped in after a volatile day for financial markets globally, with big tech leading the way ahead of results from Google parent Alphabet.

Published on: February 04, 2025, 07:03 PM UTC

A top analyst names Nvidia his top pick for 2025, with a 57% upside potential. Despite current challenges, he sees Nvidia as a "generational investment" and believes its earnings report could mark the trough in investor sentiment.

Published on: February 04, 2025, 07:02 PM UTC

Robinhood has been requested by the CFTC to stop offering sports event contracts to its customers. The company says it will now suspend the rollout of the contracts and estimates about 1% of its customers were rolled into the new product.

Published on: February 04, 2025, 07:01 PM UTC