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JPMorgan CEO Jamie Dimon discusses tariffs, inflation, and government efficiency at the World Economic Forum in Davos, Switzerland. He expresses concerns about deficit spending and pro-growth strategies, while also addressing his feud with Elon Musk and the role Musk is playing in the Trump administration.
Published on: January 22, 2025, 06:03 PM UTC
Nvidia's stock jumps 4% after Trump announces $500 billion AI infrastructure project involving SoftBank, OpenAI, Oracle, and Microsoft.
Published on: January 22, 2025, 06:02 PM UTC
Netflix stock soars 10% after reporting a record 18.9 million new users and beating earnings expectations. The streaming giant also announced a $15 billion stock buyback and boosted its full-year revenue outlook.
Published on: January 22, 2025, 06:02 PM UTC
JNJ stock falls despite earnings beat due to generic competition, talc lawsuit, and China demand concerns. Investors watch for Stelara's fate, while J&J expands in neuroscience and buys Intra-Cellular.
Published on: January 22, 2025, 06:02 PM UTC
Trump's Canada Tariffs: Why is the President Targeting America's Ally? Explore the political motivations and potential economic consequences of Trump's threats against Canada, the world's largest importer of U.S. goods.
Published on: January 22, 2025, 06:01 PM UTC
US tariffs threaten to increase borrowing costs for Canadian provinces by damaging economic growth and tax revenues, making it more expensive for them to raise funds.
Published on: January 22, 2025, 06:00 PM UTC
U.S. crude oil stockpiles projected to fall, while gasoline and distillate inventories expected to rise - Reuters poll
Published on: January 22, 2025, 06:00 PM UTC
US stocks surge, led by tech on Netflix's record earnings and Trump's AI push, despite trade worries.
Published on: January 22, 2025, 05:02 PM UTC
Netflix stock surged to a new all-time high after reporting strong fourth-quarter earnings, with analysts praising the company's subscriber growth, revenue beat, and earnings per share. The streaming giant added a whopping 18.9 million users in the quarter, beating expectations and marking its biggest quarterly subscriber gain ever. Revenue and earnings also handily beat expectations, sending shares up as much as 13.6% in early trading.
Published on: January 22, 2025, 05:01 PM UTC
Strong U.S. economy, lower interest rates, and changes at the SEC may drive a surge in IPOs in 2025, fueling the recent momentum.
Published on: January 22, 2025, 05:00 PM UTC