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President Trump's tariffs on Chinese imports will hit tech giants Apple, AMD, Nvidia, Intel, and Qualcomm. The tariffs could raise prices on electronics and put pressure on chipmakers.
Published on: February 04, 2025, 12:01 AM UTC
Spotify (SPOT) to report Q4 earnings, revenue seen rising to €4.16B, adj. EPS at €1.89, MAUs at 665M, Premium subs at 260M
Published on: February 04, 2025, 12:01 AM UTC
Goldman Sachs predicts a 5% drop in the stock market due to Trump's tariffs. Earnings could drop 1%-2% for every 5% increase in tariffs, weighing on stock valuations. Uncertainty about Trump's economic policies and potential inflation could also impact stock prices.
Published on: February 04, 2025, 12:00 AM UTC
J&J Snack Foods Corp. (JJSF) reported a fiscal first-quarter net income of $5.1 million, or 26 cents per share, missing Wall Street expectations of 62 cents per share. Revenue of $362.6 million beat forecasts of $361.5 million.
Published on: February 03, 2025, 11:07 PM UTC
Rambus Inc. reports fourth-quarter earnings of $62.2 million, or 59 cents per share. The memory chip designer posted revenue of $161.1 million. For the year, Rambus reported profit of $179.8 million, or $1.65 per share. Revenue was reported as $584.1 million.
Published on: February 03, 2025, 11:05 PM UTC
The Canadian dollar and Mexican peso rebound after President Trump delays tariffs by one month.
Published on: February 03, 2025, 11:04 PM UTC
BellRing Brands (BRBR) Q4 2024 earnings beat expectations with revenue of $532.9 million, EPS of $0.58, and raised full-year guidance. Organic revenue and sales volume growth remain strong. Analysts project 12.2% revenue growth next year. Get the full research report for insights on BRBR's valuation and investment potential.
Published on: February 03, 2025, 11:04 PM UTC
Canadian stock market falls but recovers after Trump's tariff announcement, with Prime Minister Trudeau announcing a 30-day pause on new tariffs.
Published on: February 03, 2025, 11:04 PM UTC
Despite positive news about delayed tariffs, experts warn of risks in Trump's trade agenda. Tech stocks face significant exposure, with firms like Qualcomm, Qorvo, and Skyworks potentially vulnerable. Investors are advised to exercise caution amid geopolitical uncertainty and consider defensive sectors such as infrastructure, defense technology, and energy infrastructure.
Published on: February 03, 2025, 11:03 PM UTC
US stocks fell on Monday in reaction to new tariffs set to be imposed against Canada and China, though the major averages pared losses after President Trump said the US would delay duties on Mexican imports. The tech-heavy Nasdaq Composite (IXIC) ended the day down 1.2%, while the S&P 500 (GSPC) and Dow Jones Industrial Average (DJI) fell 0.7% and 0.3%, respectively. Consumer discretionary stocks, which include automakers, were hit amid fears of tariff impacts. Tech stocks also lagged, with shares of semiconductor giant Nvidia (NVDA), iPhone maker Apple (AAPL), and EV manufacturer Tesla (TSLA) all falling over 2.5%.
Published on: February 03, 2025, 11:03 PM UTC