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Nvidia (NVDA) shares fell 4% Wednesday after a Bloomberg report said the Trump administration is considering new restrictions on chip sales to China.
Published on: January 29, 2025, 11:03 PM UTC
Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%. The tech-heavy Nasdaq Composite (^IXIC) was down about 0.5%, retracing some of a bounce-back rally on Tuesday.
Published on: January 29, 2025, 11:03 PM UTC
Tesla misses fourth-quarter earnings and revenue expectations, hurt by higher costs and weaker demand. Despite production increases, deliveries fell short of estimates. The stock initially dropped but recovered in after-hours trading.
Published on: January 29, 2025, 11:02 PM UTC
President Trump criticizes the Federal Reserve for failing to control inflation, vowing to address the issue through economic policies.
Published on: January 29, 2025, 11:01 PM UTC
Asian stocks may fall, tracking US peers lower after the Federal Reserve held rates steady and Chair Jerome Powell indicated no rush to cut. Tech earnings in focus as Tesla climbs on sales growth outlook, Meta Platforms rebounds, and Microsoft slips on slower cloud growth.
Published on: January 29, 2025, 11:00 PM UTC
Tesla shares fell 2.5% in extended trading Wednesday after the company's Q4 revenue and adjusted profit missed expectations.
Published on: January 29, 2025, 10:10 PM UTC
Microsoft beats Q4 sales targets, reporting revenue of $69.63 billion, up 12.3% year-on-year. Intelligent Cloud revenue grew 18.7%, while Azure's constant currency revenue growth slightly missed expectations. Business Software and Personal Computing revenue exceeded estimates. Analyze the key takeaways and potential investment opportunities in Microsoft's full research report.
Published on: January 29, 2025, 10:09 PM UTC
U.S. stocks slipped after the Federal Reserve held its key rate steady on Wednesday, breaking a run of cuts that began in September. The S&P 500 fell 0.5%, the Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite slipped 0.5%.
Published on: January 29, 2025, 10:07 PM UTC
Selective Insurance Group Inc. (SIGI) reported fourth-quarter profit of $95.5 million, or $1.52 per share, below analysts' estimates. Revenue was $1.26 billion, also missing forecasts.
Published on: January 29, 2025, 10:05 PM UTC
National Fuel Gas Co. reported a net income of $45 million in its fiscal first quarter, with earnings of $1.66 per share.
Published on: January 29, 2025, 10:05 PM UTC