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Fed's preferred inflation gauge meets estimates; S&P 500 futures rise, Apple revenue forecast boosts shares, Exxon earnings beat estimates.
Published on: January 31, 2025, 02:00 PM UTC
U.S. consumer spending and prices increased in December, indicating the Federal Reserve may delay cutting interest rates this year.
Published on: January 31, 2025, 02:00 PM UTC
Traders anticipate the Federal Reserve will postpone interest rate cuts until June following data revealing a rise in inflation to 2.6% in December, in line with expectations.
Published on: January 31, 2025, 02:00 PM UTC
Virtus Investment Partners reported fourth-quarter net income of $33.3 million and earnings of $7.50 per share, beating Wall Street expectations of $7.48 per share.
Published on: January 31, 2025, 01:05 PM UTC
AbbVie (ABBV) reports Q4 loss of $22 million, surpassing Wall Street's earnings and revenue expectations. The drugmaker expects full-year earnings in the range of $12.12 to $12.32 per share.
Published on: January 31, 2025, 01:05 PM UTC
Europe's Stoxx 600 index set for its best month in two years on positive earnings; S&P 500 and Nasdaq futures advance on tech strength and tariff anticipation; dollar gains.
Published on: January 31, 2025, 01:04 PM UTC
Expect a continued 'wait-and-see' approach from the Federal Reserve as Thursday's GDP report suggests a strong economy and Friday's inflation reading is projected to remain elevated.
Published on: January 31, 2025, 01:03 PM UTC
Meta and Microsoft executives downplayed the threat posed by Chinese AI firm DeepSeek, saying their companies will ultimately benefit from its advancements.
Published on: January 31, 2025, 01:03 PM UTC
President Trump's tariff threats leave businesses and trading partners guessing, with potential ramifications for inflation and interest rates.
Published on: January 31, 2025, 01:03 PM UTC
UPS to Cut Amazon Deliveries by Half, Forecasts Lower Revenue
Published on: January 31, 2025, 01:02 PM UTC