Market

Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape

Latest Posts

Baker Hughes beats earnings, sales forecasts

Baker Hughes Co. (BKR) reported Q4 earnings of $1.18 per share, surpassing Wall Street expectations and posting revenue of $7.36 billion, also topping Street forecasts.

Market Volatility and Apple's Earnings Weigh on Indices

Volatility hits markets after President Trump threatens tariffs on Mexico and Canada, sending currencies tumbling and stocks on a roller coaster ride. Key events to watch include US personal income, spending, and PCE inflation data this week.

Higher Mortgage Rates Pause Housing Contract Activity

Amid higher mortgage rates, pending home sales dropped 5.5% in December, with a significant decline in expensive regions. Despite gains in cash transactions, the rate increase impacted affordability.

Comcast Stock Drops as Broadband, Peacock Subscriber Growth Stalls

Comcast (CMCSA) stock price tumbles after reporting a decline in broadband customers and stagnant Peacock subscriber growth.

Mortgage Rates Creep Down, But Buyers Still Face Affordability Hurdles

Mortgage rates remained steady this week despite market volatility, with 30-year rates at 6.95% and 15-year rates at 6.12%. Higher rates and limited supply continue to pose affordability challenges for homebuyers.

Fed Holds Rates Steady as New GDP, Inflation Data Loom

Fed Holds Rates Steady; GDP, Inflation Data Expected to Bolster Wait-and-See Approach

Wall Street Relieved as Tech Giants Downplay DeepSeek AI Threat

DeepSeek challenges Big Tech AI dominance; Meta, Microsoft remain bullish on infrastructure investments

Trump's Tariffs: Impact on Trade, Inflation, and the Fed

Trump aims to overhaul the US trade approach through tariffs. As the Feb. 1 deadline nears, uncertainty remains for businesses and global partners. Meanwhile, the potential impact on inflation could influence the Fed's interest rate decisions.

Trump Tariffs: 'Waiting Mode' As Deadline Looms, Uncertainty Weighs

Economic uncertainty looms as the Feb. 1 deadline for tariffs on Canada, Mexico, and China approaches. Trump has reiterated plans for 25% tariffs on Canada and Mexico, but provisions remain undecided. Amidst confusion and frustration, business decisions are affected and markets remain in wait-and-see mode due to the lack of clarity.

Baker Hughes Beats Q4 Profit Estimates as Gas Demand Booms

Baker Hughes reports better-than-expected Q4 earnings, boosted by strong demand for natural gas equipment and services, offsetting weak drilling gear sales.