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Northern Trust reports a fourfold increase in Q4 profit, exceeding analysts' estimates, as rising equity markets boost its income from asset management and servicing.
Published on: January 23, 2025, 03:05 PM UTC
US stocks mixed as tech struggles, investors await Trump speech at Davos. S&P 500 little changed, Dow up slightly, Nasdaq down 0.5%. Netflix earnings boost, GE Aerospace raises buybacks. American Airlines tumbles on surprise quarterly loss forecast.
Published on: January 23, 2025, 03:05 PM UTC
Global stock rally falters as chipmaker selloff stokes industry, AI demand concerns; S&P 500 falls 0.1%, Nasdaq 100 drops 0.5%, Philadelphia Stock Exchange Semiconductor Index retreats 2%
Published on: January 23, 2025, 03:04 PM UTC
Oracle Corp. (ORCL) surges on a joint venture with SoftBank and OpenAI to expand data centers and drive cloud business growth. The partnership aims to invest $100 billion, potentially boosting Oracle's cloud revenue to $30-$40 billion annually.
Published on: January 23, 2025, 03:04 PM UTC
Netflix stock hit an all-time high after Q4 earnings beat estimates, adding a whopping 18.9 million users and boosting revenue. Shareholders approved a $15 billion stock buyback and price hikes for their ad-supported, Standard, and Premium plans. The company anticipates doubling its advertising revenue in 2025 and focusing on live events, as seen in the success of Jake Paul vs. Mike Tyson and NFL games.
Published on: January 23, 2025, 03:02 PM UTC
The latest crypto news and analysis from Yahoo Finance: Trump's meme coin highlights the industry's true nature as a money-making machine, undermining its claims of financial innovation and inclusion.
Published on: January 23, 2025, 03:02 PM UTC
US stocks pulled back from record highs as AI optimism waned and investors awaited details on President Trump's tariff plans. The S&P 500 was little changed, while the Nasdaq Composite fell 0.45%. Tech stocks struggled, with Nvidia, Apple, and Alphabet losing ground. Investors are digesting Trump's early-days policy charge, which brought an AI push that invigorated tech names but left unclear when the outlined tariffs on big trading partners might hit.
Published on: January 23, 2025, 03:01 PM UTC
In this article, Reuters reports that Malaysia's Petronas has transferred its rights for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips.
Published on: January 23, 2025, 03:00 PM UTC
US jobless claims rise slightly as solid job growth likely continued in January
Published on: January 23, 2025, 02:05 PM UTC
Turkey's central bank cuts interest rates again, signaling further cuts in future meetings, aiming to balance growth support with inflation control.
Published on: January 23, 2025, 02:05 PM UTC