Market

Bond trader profits from successful Treasury yield options bet following Fed decision

Published on: January 29, 2025, 10:04 PM UTC

Western Digital forecasts Q3 revenue below estimates on lower demand from cloud, corporate customers

Published on: January 29, 2025, 10:04 PM UTC

Meta reports Q4 earnings that beat expectations but forecasts slower revenue growth in the current quarter and higher expenses in 2025, leading to an initial stock drop followed by a slight gain.

Published on: January 29, 2025, 10:04 PM UTC

Intel (INTC) is expected to report a loss on revenue of $13.8 billion for the fourth quarter, as the chipmaker continues to struggle amidst a weak PC market and increased competition from rivals like Nvidia (NVDA) and AMD (AMD).

Published on: January 29, 2025, 10:03 PM UTC

Nvidia stock fell 4% after Bloomberg reported that Trump administration officials are considering further restrictions on the company's chip sales to China.

Published on: January 29, 2025, 10:03 PM UTC

Stocks dropped on Wednesday, led by tech companies, after the Federal Reserve left interest rates unchanged and removed a reference to progress against inflation. Nasdaq led the decline, with Nvidia pressured by concerns over chip exports to China. Meta and Microsoft stocks declined after earnings results. Tesla rose in after-hours trading despite missing earnings estimates. Fed Chair Powell downplayed a change in language in the Fed's statement on inflation, stating it was "language cleanup" rather than a signal. IBM and Big Tech earnings will be released after the bell.

Published on: January 29, 2025, 10:02 PM UTC

Microsoft's cloud growth slows, while AI spending ramps up. Azure cloud revenue increased 31%, with AI contributing 13 percentage points to growth. Microsoft is spending heavily on AI infrastructure, raising questions about the return on investment.

Published on: January 29, 2025, 10:01 PM UTC

Tesla's Q4 earnings miss estimates as net income plunges 71% to $2.31 billion, despite revenue rising 2% to $25.7 billion. TSLA stock falls initially but remains up over 50% since Trump's election.

Published on: January 29, 2025, 10:00 PM UTC

As the Fed holds rates steady after past cuts, investors are watching the White House. With Trump's fiscal policies promising to increase the federal deficit and stoke inflation, 10-year Treasury yields could climb toward 5%.

Published on: January 29, 2025, 09:03 PM UTC

Nvidia (NVDA) stock plunged 17% Monday as DeepSeek's new AI model raised concerns. Despite the sell-off, retail investors bought the dip, purchasing over $920 million in shares. Wall Street analysts remain bullish, calling the decline a buying opportunity.

Published on: January 29, 2025, 09:03 PM UTC