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Indonesia has approved a nickel mining quota of 298.5 million wet metric tonnes for 2025, up from 271.89 million tonnes last year, despite reports of a quota cut, a nickel miners' association said in a parliamentary hearing.
Published on: January 23, 2025, 12:04 PM UTC
Netflix stock soared nearly 10% after the streaming giant reported record subscriber gains and beat earnings expectations in Q4 2024. The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook.
Published on: January 23, 2025, 12:02 PM UTC
Trump tariffs, including a 25% tariff on China, pose a threat to retailers. Ralph Lauren CEO Patrice Louvet discusses the impact on the company, with 50% of sourcing previously coming from China. Apparel stocks have shrugged off concerns, rising in recent months.
Published on: January 23, 2025, 12:02 PM UTC
Meme coin $Trump sparks debate on crypto's true nature as a moneymaking machine, highlighting the industry's embrace of the unseemly and crude aspects represented by the former president's token.
Published on: January 23, 2025, 12:01 PM UTC
U.S. stocks slip ahead of open as AI optimism wanes, markets eye Trump's tariff plans.
Published on: January 23, 2025, 12:01 PM UTC
US stocks fell ahead of the opening bell on Thursday as markets digested President Trump's tariff plans and awaited earnings reports.
Published on: January 23, 2025, 12:00 PM UTC
Global stocks ease, some China cheer from Beijing support as Trump tariff talk fades
Published on: January 23, 2025, 11:05 AM UTC
European and US stocks paused after a surge following President Trump's inauguration, as investors digest his mixed signals. Asian stocks climbed on Chinese government support, with the Bank of Japan set to raise interest rates Friday.
Published on: January 23, 2025, 11:05 AM UTC
The S&P 500's rally lacks big-money inflows, but contrarians see this as a positive sign, indicating more buying power in reserve if fears don't materialize.
Published on: January 23, 2025, 11:04 AM UTC
Netflix stock (NFLX) hit an all-time high after Q4 earnings beat expectations, with subscriber gains, revenue, and earnings all surpassing forecasts. The streaming giant added 18.9 million users, with revenue hitting $10.25 billion and diluted EPS of $4.27. Netflix also announced a $15 billion stock buyback and boosted its full-year revenue outlook. The strong results come amid increased competition in the streaming wars and the upcoming launch of Netflix's ad-supported plan.
Published on: January 23, 2025, 11:02 AM UTC