Published on January 23, 2025, 05:01 PM UTC
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Stocks Drop on Economic Concerns, Trump Policies, Walmart Outlook
Published on: February 22, 2025, 12:00 AM UTC
Hong Kong tech stocks surge 6.5% for best single-day gain since October, leading to a six-week winning streak and a three-year high for the Hang Seng Tech Index. Alibaba, Lenovo, and Xiaomi post strong gains on earnings surprises and AI optimism, while analysts predict further narrowing of valuation discounts.
Published on: February 21, 2025, 11:00 AM UTC
Japan's core consumer price index rose 3.2% in January, hitting a 19-month high and reinforcing expectations of further interest rate hikes by the Bank of Japan.
Published on: February 21, 2025, 12:00 AM UTC
Hasbro stock surged 11% after the company exceeded Q4 profit estimates and provided a positive long-term outlook. The toymaker aims to cut costs by $1 billion by 2027. Despite tariff concerns, Hasbro's CEO expects pricing adjustments to offset pressures, while analysts foresee continued growth for toy stocks.
Published on: February 20, 2025, 07:02 PM UTC
Carvana reports Q4 revenue and profit beat, but shares dip after-hours; full-year sales hit record 416,000 units, adjusted EBITDA margin of 10.1%.
Published on: February 20, 2025, 07:02 AM UTC