Market

As the Feb. 1 deadline set by Donald Trump for new tariffs on Canada, Mexico and China looms, world leaders and economic observers anxiously await clarity. Trump has reiterated plans for 25% tariffs on Mexico and Canada yet introduced uncertainty about oil and timing. Leaders in impacted nations have expressed frustration and confusion, while experts warn of potential damage to business decisions and economic growth. Despite conflicting signals and ongoing negotiations, the possibility remains that a last-minute deal could delay tariffs.

Published on: January 31, 2025, 01:02 PM UTC

Power provider stocks surged in 2024 on expectations of increased demand from AI data centers. However, DeepSeek's R1 release raised concerns about the efficiency of AI training, leading to a sell-off in utility stocks. Analysts remain divided on the long-term prospects for the sector, with some predicting continued growth and others warning of downside risks from efficiency gains.

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

US stock futures climbed Friday on solid Apple earnings, braced for an inflation report shaping interest rates and looming tariff deadline with Canada and Mexico.

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

U.S. equity funds attracted $5.58 billion in inflows for the week ending Jan. 29, driven by hopes of interest rate cuts and a rebound in tech stocks. Investors also purchased financials and industrials sector funds, as well as large-cap and small-cap equity funds. Debt funds saw inflows of $8.38 billion, while money market funds experienced net sales.

Published on: January 31, 2025, 12:06 PM UTC

Banco Santander-Chile reports fourth-quarter profit of $285 million, exceeding Wall Street expectations.

Published on: January 31, 2025, 12:06 PM UTC

Chevron reports lower-than-expected fourth-quarter earnings but beats revenue estimates.

Published on: January 31, 2025, 12:05 PM UTC

Intel shares rose 1.7% after beating revenue expectations, but forecasted below estimates for the current quarter. Investors remain focused on the search for a new CEO as Intel's market share declined in recent years.

Published on: January 31, 2025, 12:04 PM UTC

JPMorgan's preferred shares sale highlights growing investor demand for high-coupon credit securities amid low-interest rates and compressed risk premiums.

Published on: January 31, 2025, 12:04 PM UTC

Shares of Novo Nordisk rose after positive trial results for its weight-loss drug, but the stock is still down from its June high. Analysts are mixed on the stock's prospects, with some seeing potential for a turnaround and others cautious.

Published on: January 31, 2025, 12:03 PM UTC

Mortgage rates remained largely unchanged this week despite a stock market sell-off, with the average 30-year rate at 6.95% and 15-year rates at 6.12%.

Published on: January 31, 2025, 12:03 PM UTC