Market

IBM shares surged after reporting strong Q4 earnings, boosted by its AI business. Technical analysis suggests a breakout above the ascending triangle, with potential upside targets of $278 and $305. Investors should monitor support at $238 for buying opportunities.

Published on: January 30, 2025, 07:00 PM UTC

Meta social network Threads adds a dedicated media tab for photos and videos, and the ability to tag people in photos.

Published on: January 30, 2025, 06:04 PM UTC

Despite Tesla's weaker-than-expected results, investors remain bullish, seeing opportunities in the company's future growth drivers, such as robot sales. Analysts are more cautious, but some raise price targets, acknowledging Tesla's unique position as an AI company.

Published on: January 30, 2025, 06:04 PM UTC

US stocks struggled to make headway on Thursday as investors digested earnings from megacap tech companies and awaited results from Apple for further clues on the outlook for large technology stocks. The S&P 500 (^GSPC) added 0.3%, while the Dow Jones Industrial Average (^DJI) also rose 0.3%. The Nasdaq Composite (^IXIC) fell by 0.19%, dragged down by losses in Nvidia and Microsoft of 3% and 6%, respectively. Investors turned to parsing earnings reports after the Federal Reserve left interest rates unchanged as expected, with a particular focus on the first wave of results from the "Magnificent Seven" companies that have driven broader stock market gains. Tesla's stock ticked higher despite missing earnings as investors accepted its promise to return to growth in 2025. Meanwhile, Meta's quarterly earnings beat helped lift its shares, but Microsoft's stock fell after its cloud revenue came in below expectations.

Published on: January 30, 2025, 06:02 PM UTC

Tesla aims for growth revival in 2025 after Q4 revenue increase of only 1%, with plans for new models, expanded FSD deployment, and increased capital spending.

Published on: January 30, 2025, 06:02 PM UTC

Pending home sales index dropped 5.5% in December due to higher mortgage rates, marking a slowdown in housing contract activity.

Published on: January 30, 2025, 06:02 PM UTC

Comcast's stock falls 10% after reporting a bigger-than-expected drop in broadband customers and failing to add more subscribers to Peacock.

Published on: January 30, 2025, 06:02 PM UTC

The Federal Reserve is adopting a wait-and-see approach before adjusting interest rates, due to a strong economy and inflation concerns. A new GDP report shows positive consumer spending growth, while a PCE inflation report due out Friday could reinforce the Fed's cautious stance.

Published on: January 30, 2025, 06:01 PM UTC

Gold Surges to New All-Time High as Trump Tariffs Raise Concerns, Boosting Safe Haven Appeal

Published on: January 30, 2025, 06:01 PM UTC

Oil market faces uncertainty amid tariff speculation from Trump administration and economic data

Published on: January 30, 2025, 06:00 PM UTC