Market

Amidst President Trump's recent tariff imposition on major trading partners, experts predict protracted legal and political challenges, with limited expectations for an immediate reversal. While opposition emerges from Congress and Wall Street, Trump downplays the likelihood of a change of heart, and market volatility remains uncertain as a potential catalyst.

Published on: February 03, 2025, 03:02 PM UTC

Markets plunge as Trump tariffs take investors by surprise, with tech stocks and the Nasdaq leading the selloff.

Published on: February 03, 2025, 03:02 PM UTC

US stocks plummeted on Monday due to President Trump's tariffs on China, Mexico, and Canada. The tech-heavy Nasdaq Composite (^IXIC) fell more than 2%, while the S&P 500 (^GSPC) spiraled down 1.6%. The Dow Jones Industrial Average (^DJI) tumbled 1.2%, or over 550 points.

Published on: February 03, 2025, 03:01 PM UTC

US tariffs raise concerns of hampered global economic growth and fueling inflation, leading to a drop in stocks, a rise in the dollar, and underperformance of short-dated Treasury yields.

Published on: February 03, 2025, 03:01 PM UTC

Palantir Technologies, a data analysis software giant, reports earnings after market close on Monday, with analysts scrutinizing its premium valuation amid rising competition and a weaker Europe outlook.

Published on: February 03, 2025, 03:01 PM UTC

Ford's January U.S. sales declined 6.3% as demand waned for its internal combustion engine vehicles, while electrified vehicle sales increased 20%.

Published on: February 03, 2025, 03:00 PM UTC

Earnings preview for Snap (SNAP), including revenue expectations, earnings per share estimates, analyst consensus, and a comparison to peer performance.

Published on: February 03, 2025, 02:09 PM UTC

TransDigm (TDG) Q4 Earnings Preview: Revenue growth expected to slow to 13.8% YoY; adjusted earnings seen at $7.74 per share.

Published on: February 03, 2025, 02:09 PM UTC

AMD reports Q4 earnings tomorrow. Analysts expect revenue to grow by 22.3% year over year to $7.54 billion, and adjusted earnings to come in at $1.09 per share. Some of AMD's peers have already reported their Q4 results, with mixed results. Qorvo's revenues decreased 14.7% year on year, while Allegro MicroSystems reported a revenue decline of 30.2%. AMD is down 12.6% over the last month, but analysts have an average price target of $169.82 on the stock.

Published on: February 03, 2025, 02:09 PM UTC

Robinhood, a popular stock-trading platform, is rolling out event contracts that will allow its US users to wager on the outcome of the upcoming Super Bowl.

Published on: February 03, 2025, 02:08 PM UTC