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Chip equipment maker ASML to stop reporting quarterly order bookings
Published on: January 30, 2025, 03:06 PM UTC
US stocks rebounded on Thursday, with the Nasdaq and S&P 500 eyeing a comeback as investors digest megacap tech earnings and await Apple (AAPL) results for more clues on prospects for Big Tech.
Published on: January 30, 2025, 03:06 PM UTC
US stocks rose Thursday on strong economic data and upbeat tech earnings. The S&P 500 gained 0.4%, the Nasdaq 100 climbed 0.5%, and the Dow Jones Industrial Average held steady. Tesla, Meta Platforms, and Mastercard reported strong results, while Microsoft and United Parcel Service disappointed. Inflation-adjusted GDP grew an annualized 2.3% in Q4, beating expectations and supporting risk assets.
Published on: January 30, 2025, 03:05 PM UTC
The European Central Bank has lowered interest rates for the fifth time since June due to a stalling economy and inflation nearing the 2% target. Officials predict further easing but emphasize the need to avoid pre-committing to a specific path in the face of economic uncertainty.
Published on: January 30, 2025, 03:05 PM UTC
Get the latest on the Federal Reserve's response to President Trump's trade policy and economic demands.
Published on: January 30, 2025, 03:03 PM UTC
US stocks climbed on Thursday, with the Nasdaq and S&P 500 attempting a rebound, as investors analyzed earnings from tech behemoths and awaited Apple's (AAPL) results for clues on the prospects of Big Tech.
Published on: January 30, 2025, 03:01 PM UTC
In 2025, global central banks will take diverse paths, with the US holding rates steady, the eurozone cutting, and Japan continuing to hike. Here's a summary of their current positions.
Published on: January 30, 2025, 03:01 PM UTC
Carpenter Technology Corp. (CRS) reported fiscal Q2 earnings of $1.66 per share, beating analyst estimates of $1.56, while revenue of $676.9 million missed expectations of $708.8 million.
Published on: January 30, 2025, 02:09 PM UTC
US stock futures mostly rise as investors await earnings and economic data. Apple, Tesla, Meta Platforms, Microsoft, and IBM report; Apple expected to post revenue and profit gains, Tesla shares rise on FSD optimism, Meta gains on strong revenue growth, Microsoft declines on cloud sales disappointment, and IBM surges on better-than-expected AI business results.
Published on: January 30, 2025, 02:08 PM UTC
European Central Bank cuts interest rates, keeps more easing on the table due to weak economy and inflation concerns.
Published on: January 30, 2025, 02:08 PM UTC