Market

This article discusses Donald Trump's latest tariff approach, which differs significantly from his previous approach. The rapid implementation of duties, the wider range of consumer goods affected, and the use of tariffs as leverage in negotiations are all novel aspects of Trump's current strategy. The article also explores the reactions of other countries, which have had time to prepare for retaliatory measures, and analyzes the potential economic and political implications of Trump's trade policies.

Published on: February 04, 2025, 05:02 PM UTC

One of Wall Street's top analysts is sticking with his buy rating on Nvidia (NVDA) stock, even after a recent sell-off. BofA's Vivek Arya reiterated Nvidia as his top pick for 2025, with a price target of $190.

Published on: February 04, 2025, 05:02 PM UTC

Ferrari's Q4 earnings beat expectations, with a 14% increase in global sales and a 15% jump in EBITDA. The automaker also raised its 2025 guidance and announced plans to unveil its first EV in October.

Published on: February 04, 2025, 05:01 PM UTC

Fox Enters Streaming Market with New Service Targeting Cord-Cutters and Cord-Nevers

Published on: February 04, 2025, 05:01 PM UTC

Fox Announces Upcoming Direct-to-Consumer Streaming Service, Targeting Cord-Cutters and Cord-Nevers

Published on: February 04, 2025, 05:01 PM UTC

Despite volatile markets in January 2025, hedge funds posted positive returns, with stock picking funds gaining an average of 2.6% and systematic funds averaging 2.71%. Citadel and AQR Capital Management reported solid returns for the month.

Published on: February 04, 2025, 05:01 PM UTC

Shares of vaccine-makers and food companies fell after President Trump's nominee for health secretary, Robert F. Kennedy, Jr., who has voiced concerns about vaccine safety and called out unhealthy ingredients in packaged foods, moved closer to confirmation.

Published on: February 04, 2025, 05:00 PM UTC

US Stocks Surge as China Responds with Tariffs Amidst Trade War Fears

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

Trump tariffs on Chinese e-commerce could significantly impact the air cargo industry, potentially leading to a sharp drop in volumes and rates. Chinese e-tailers have been major drivers of air cargo growth, using e-commerce platforms like Shein and Temu to ship low-value goods directly to consumers. With the elimination of duty-free privileges, these companies may shift to ocean shipping or bulk shipments, reducing demand for airfreight and pressuring rates.

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

Job openings in the US decline to 7.6 million in December, the lowest level since September. The decrease is larger than expected by analysts, signaling a potential cooling in the labor market.

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