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Expeditors International had a strong fourth quarter, with both revenue and profits beating analyst estimates. Revenue was up 30% to $2.95 billion, operating income up 51%, and net earnings up 49%.
Published on: February 18, 2025, 05:00 PM UTC
U.S. homebuilder sentiment plunged five points to 42, the lowest reading since September, amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs.
Published on: February 18, 2025, 04:03 PM UTC
Top tech executives, including Meta's Zuckerberg, Amazon's Bezos, and Google's Pichai, were given prominent seating at President Trump's inauguration, signaling potential benefits for the tech sector during his second term. However, sectors like green energy and insurance face uncertainty due to proposed policies on deregulation and climate change.
Published on: February 18, 2025, 04:03 PM UTC
US stocks traded sideways on Tuesday as investors awaited the release of minutes from the Federal Reserve's January meeting and news on potential policy moves by the Fed and President Donald Trump.
Published on: February 18, 2025, 04:02 PM UTC
Gold prices continue to rise, with Goldman Sachs raising its year-end target to $3,100. UBS sees a path to $3,200, citing strong bullish sentiment and geopolitical uncertainty. Precious metals are performing well as investors hedge against market volatility amidst Trump administration and Federal Reserve policy uncertainties.
Published on: February 18, 2025, 04:02 PM UTC
Trump's Tariffs May Slow Capital Spending, Goldman Analysis Shows
Published on: February 18, 2025, 04:02 PM UTC
Intel stock jumps on report of potential deals with Broadcom, TSMC that could split the company in two.
Published on: February 18, 2025, 04:02 PM UTC
Intel potentially facing acquisition interest from Broadcom and TSMC; analysts weigh in on challenges and implications for shareholders and the US chip industry
Published on: February 18, 2025, 04:01 PM UTC
Published on: February 18, 2025, 04:00 PM UTC
Intel grapples with takeover rumors as chip rivals eye deals that could break up the company. Analysts weigh the potential for regulatory hurdles and antitrust issues. Stakes are high for Intel and the US government, as any deal could impact the nation's chipmaking industry.
Published on: February 18, 2025, 04:00 PM UTC