Market

Sanofi Q4 earnings miss expectations: Drugmaker's profit of 29 cents per share falls short of Wall Street's estimates.

Published on: January 30, 2025, 11:04 AM UTC

India's currency slide weighs on corporate earnings, sparking a rush for hedging as the rupee's sudden decline strains companies with foreign-exchange exposures.

Published on: January 30, 2025, 11:04 AM UTC

The Federal Reserve kept interest rates unchanged on Wednesday, removing language from its statement indicating progress towards its 2% inflation goal. Tech stocks led markets lower, with Nvidia pressured by export curb concerns. Meta shares fell afterhours on weaker than expected sales guidance, Microsoft dipped on AI revenue shortfalls, and Tesla stock seesawed after missing estimates. IBM gained on strong cash flow and AI bookings, while Powell dismissed a DeepSeek-inspired sell-off and inflation concerns.

Published on: January 30, 2025, 11:03 AM UTC

Fed Chair Powell stands firm against Trump's rate cut demands, signaling a "wait and see" approach to tariffs. Investors should not expect additional rate cuts in 2025.

Published on: January 30, 2025, 11:01 AM UTC

The European Central Bank is expected to lower interest rates again Thursday, as inflation nears the target 2% and as political friction unsettles businesses in the euro zone's two biggest member-states.

Published on: January 30, 2025, 11:01 AM UTC

U.S. tariffs threaten automakers, suppliers with significant exposure to Mexico and Canada exports

Published on: January 30, 2025, 11:00 AM UTC

Bitcoin's recent price drop has sparked concerns about a potential decline below $75K by March. Analysts predict a 9.2% chance of this happening, attributed to increased implied volatility and growing bearish sentiment. Bitcoin's movements are now closely tied to broader market trends, reflecting global risk sentiment and macroeconomic factors.

Published on: January 30, 2025, 10:03 AM UTC

Stamp Duty increases on properties over £125,000 from April 2029. While rushing to purchase before the deadline can save on tax, overpaying due to increased demand could negate any savings. Consider waiting if house prices continue to fall, as any increase in stamp duty could be offset by a lower property price.

Published on: January 30, 2025, 10:02 AM UTC

Meta's Reality Labs division continues to lose billions as Zuckerberg doubles down on the metaverse.

Published on: January 30, 2025, 10:01 AM UTC

Bank of England likely to cut interest rates next week due to economic stagnation. Investors anticipate faster reductions than initially predicted, as inflation measures decline and wage growth accelerates. The MPC will consider the impact of the government's fiscal measures on inflation and provide guidance on the timing of future rate cuts.

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