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Trump's tariffs on Chinese goods, including electronics, take effect Tuesday, potentially raising consumer and enterprise product prices and impacting the tech industry. Apple faces significant risks due to its manufacturing base in China, while chip companies may see further pressure if additional tariffs are imposed.
Published on: February 04, 2025, 05:00 AM UTC
Spotify set to report strong Q4 earnings, boosted by subscriber gains and price hikes. Wall Street expects revenue of 4.16 billion euros, adjusted EPS of 1.89 euros, 665 million MAUs, and 260 million premium subscribers. Analysts project a gross margin of 31.8%. The company's recent deal with Universal Music Group will also be in focus.
Published on: February 04, 2025, 04:02 AM UTC
US stock futures rise as Trump delays tariffs on Canada, Mexico; Nasdaq futures up 0.7%, S&P 500 futures up 0.5%, Dow futures up 0.3%.
Published on: February 04, 2025, 04:01 AM UTC
US President Donald Trump plans to speak with China in the next 24 hours to discuss a potential reprieve on a 10% tariff set to take effect on Tuesday. Talks are likely to cover illegal Chinese fentanyl, as well as the ownership split of China-owned app TikTok.
Published on: February 04, 2025, 04:01 AM UTC
Oil fell after Trump delayed tariffs on major suppliers Canada and Mexico, but still plans to impose levies on China. Tariffs and geopolitical uncertainty weigh on oil prices as demand concerns linger. OPEC+ maintains output plans, despite Trump's call for increased production.
Published on: February 04, 2025, 04:01 AM UTC
Copper and zinc prices surge as Trump delays tariffs on Canada and Mexico, dragging the US dollar lower. Get the latest updates on commodity markets and stay informed on the impact of trade policies.
Published on: February 04, 2025, 04:00 AM UTC
Asian shares rose Tuesday after Trump delayed tariffs on Mexico and Canada, sparking hopes of a deal with China. Hang Seng Index in Hong Kong grew 2.10%, Japan’s Nikkei 225 up 1.61%, and South Korea’s Kospi up 1.63%.
Published on: February 04, 2025, 04:00 AM UTC
US President Trump announces talks with China, potentially delaying tariffs. The discussions aim to address trade concerns and the issue of fentanyl smuggling, affecting markets and raising geopolitical tensions.
Published on: February 04, 2025, 03:00 AM UTC
President Trump has agreed to delay tariffs on Canada and Mexico for a month after both countries agreed to new measures to combat migration and drug trafficking at the border.
Published on: February 04, 2025, 02:01 AM UTC
Asian shares climb after President Trump delays tariffs on Mexico and Canada for a month and says he will hold further talks with China, easing risk-off market sentiment.
Published on: February 04, 2025, 02:01 AM UTC