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BofA reiterates Nvidia as its top pick for 2025 ahead of February earnings, citing potential upside of 57% based on a $190 price target. Despite recent sell-off, the analyst remains bullish due to Nvidia's strong execution and future growth prospects in data centers and AI.
Published on: February 04, 2025, 06:02 PM UTC
Ferrari stock (RACE) jumped after the luxury automaker reported better-than-expected results and raised guidance, with strong sales in the US and Europe offsetting weakness in China. Ferrari's high margins and long waitlist suggest it's well-positioned to weather potential headwinds from tariffs.
Published on: February 04, 2025, 06:02 PM UTC
Robinhood halted Super Bowl betting contracts after a request from the CFTC despite Kalshi's contracts being deemed legal.
Published on: February 04, 2025, 06:01 PM UTC
Lebanon hopes TotalEnergies will resume oil, gas exploration offshore
Published on: February 04, 2025, 06:00 PM UTC
Stocks rebounded Wednesday after a wave of dip buying, with big tech leading the way ahead of earnings from Google's parent Alphabet.
Published on: February 04, 2025, 06:00 PM UTC
Venezuela's oil exports increased by 15% to 867,000 barrels per day in January, driven by Chevron's increased shipments and exports to China.
Published on: February 04, 2025, 06:00 PM UTC
Gold hits new all-time high as Trump's tariffs trigger haven demand amid trade-war fears
Published on: February 04, 2025, 05:04 PM UTC
Daily newsletter tracking global trade: US-China trade war updates, including tariffs, investigations, and potential deal contours.
Published on: February 04, 2025, 05:04 PM UTC
New tariffs could raise prices for shoes, apparel, and other goods. Companies like Kontoor Brands, Warby Parker, Skechers, and Crocs could see earnings declines. Retailers are considering strategies to mitigate the impact, including using artificial intelligence to reduce costs.
Published on: February 04, 2025, 05:03 PM UTC
US Stocks Advance Amidst Trade War Worries as China Retaliates to Tariffs
Published on: February 04, 2025, 05:02 PM UTC