Market

Automakers Ford and GM face possible tariffs as President Trump plans to impose 25% import charges on cars built in Mexico and Canada. Ford CEO Jim Farley believes the company is well-positioned due to its large US manufacturing presence and supports the administration's focus on boosting domestic employment. However, Farley also expresses concerns about policy changes affecting CO2 emissions and EV tax credits, which could impact Ford's EV development and sales.

Published on: January 31, 2025, 03:02 PM UTC

US stocks rose on Friday after solid earnings from Apple (AAPL) and as the CPI inflation gauge matched expectations, but the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are headed for small weekly losses amid the tech rout.

Published on: January 31, 2025, 03:02 PM UTC

President Trump's proposed tariffs create uncertainty in markets, with potential outcomes ranging from negligible to a 27% average effective tariff rate. The impact on inflation and Fed interest rate plans remains unclear, as variables like retaliation and consumer response are unknown.

Published on: January 31, 2025, 03:01 PM UTC

Apple stock rose as quarterly earnings topped expectations, easing concerns about falling iPhone sales in China. Analysts praised Apple's AI capabilities and strategic inventory management, leading to upgrades in price targets and Buy ratings.

Published on: January 31, 2025, 03:01 PM UTC

Exxon Mobil and Chevron's profits fall due to declining fuel margins and potential US tariffs on oil from Canada and Mexico, impacting refining operations and potentially increasing costs for gasoline, diesel, and jet fuel.

Published on: January 31, 2025, 03:01 PM UTC

Trump's tariffs add uncertainty to markets as questions remain about details, including whether they will apply to oil. Analysts say tariffs could impact inflation and Fed's interest rate plans.

Published on: January 31, 2025, 03:00 PM UTC

Apple's first-quarter earnings beat analyst forecasts, easing concerns over falling iPhone sales in China. The company's strategic reduction of inventory in Greater China contributed to the decline, while strong demand and record iPhone upgrades indicate potential growth in the region. Analysts maintain Buy ratings, citing Apple's advantages in on-device AI and prudent approach to capital expenditures.

Published on: January 31, 2025, 03:00 PM UTC

President Trump to meet with Nvidia CEO amid AI chip export restrictions

Published on: January 31, 2025, 03:00 PM UTC

Exxon and Chevron's profits were hit hard by falling fuel margins, while a proposed tariff on Canadian and Mexican crude oil exports threatens to further hurt refiners.

Published on: January 31, 2025, 02:07 PM UTC

MicroStrategy Raises $563 Million in Debt-Like Equity Offering to Buy More Bitcoin

Published on: January 31, 2025, 02:07 PM UTC