Market

Apple (AAPL) reports Q4 in line with expectations, with revenue up 4% YoY to $124.3B. Services revenue beats estimates, while Products revenue slightly misses. Key highlight: Apple Intelligence combines GenAI and user-specific data to enhance personalization across its ecosystem.

Published on: January 30, 2025, 10:00 PM UTC

Broadcom (AVGO) stock jumped 6.3% after Meta announced plans to use their MTIA chips for AI training, including generative AI. DeepSeek's new AI models built on cost-efficient chips disrupt assumptions and challenge chipmakers like Nvidia. Read more about Broadcom's potential gains and AI industry shifts.

Published on: January 30, 2025, 09:04 PM UTC

Stocks rose on signs of solid consumer spending, pushing the S&P 500 up 0.8%. The economy expanded at a solid pace, despite drags from a strike at Boeing Co. and inventory investment. Investors await Apple Inc.'s earnings and the Fed's favored inflation gauge, the personal consumption expenditures index.

Published on: January 30, 2025, 09:04 PM UTC

US stocks gained steam on Thursday as investors digested earnings from tech giants and awaited Apple's results for insights into the broader sector. Despite concerns about iPhone sales, investors will scrutinize Apple's quarterly update for positive signals in light of multiple stock downgrades. Meanwhile, investors weigh the Fed's cautious stance amid ongoing earnings reports, with a focus on the impact of AI investments and economic data such as GDP growth and inflation numbers.

Published on: January 30, 2025, 09:03 PM UTC

Tesla pledges return to growth in 2025 after disappointing Q4 results. Revenue rose just 1% in 2024, while profits fell sharply. Tesla expects auto business to return to growth in 2025, with FSD coming to Austin, Texas, in June.

Published on: January 30, 2025, 09:03 PM UTC

Housing contract activity declined in December, led by expensive regions where higher mortgage rates impacted affordability. The Pending Home Sales Index dropped 5.5% from November to 74.2, snapping a four-month streak of gains.

Published on: January 30, 2025, 09:03 PM UTC

Mortgage rates remain largely stable despite stock market volatility, hovering around 6.95% for 30-year loans and 6.12% for 15-year loans. Despite market turbulence, higher rates and supply constraints continue to impact homebuyers' affordability.

Published on: January 30, 2025, 09:02 PM UTC

The Federal Reserve is expected to maintain its wait-and-see approach on interest rates after a new GDP report and inflation reading. The GDP report showed the US economy grew at an annualized pace of 2.3%, with positive signs about consumer spending. However, inflation remains a concern for Fed policymakers, and a new inflation report due out Friday may not do much to alleviate those concerns.

Published on: January 30, 2025, 09:02 PM UTC

Microsoft and Meta executives address DeepSeek's AI advancements, discuss their own AI spending strategies, and emphasize the ongoing significance of investing in AI infrastructure.

Published on: January 30, 2025, 09:02 PM UTC

President Trump’s administration is floating numerous tariff threats that could affect global trading partners and the US economy as a whole. Track the latest news and updates live on Yahoo Finance.

Published on: January 30, 2025, 09:02 PM UTC