Posts with tag: adventure
Despite Trump's tariffs, you can still buy shares in retailers. But be choosy. Tariffs are just a rising cost input, says BMO Capital Markets retail analyst Simeon Siegel. He thinks scale is important in this volatile backdrop and is more optimistic about Nike (NKE) due to improved running styles and better execution from new CEO Elliott Hill.
Published on: February 07, 2025, 02:01 PM UTC
Frontier Group forecasts better-than-expected 2025 profit on robust travel demand and improved pricing environment, beating Q4 profit estimates.
Published on: February 07, 2025, 02:00 PM UTC
Chinese battery giant CATL resumes operations at its lithium lepidolite mine in China's Jiangxi province, contributing to lithium supplies and potentially influencing market prices.
Published on: February 07, 2025, 01:04 PM UTC
Investors are bracing for a weaker pound as the Bank of England's policy decision highlights concerns about UK economic growth. Despite a slight recovery, sterling remains the weakest among G-10 currencies, with experts predicting further interest rate cuts and a potential drop to $1.19.
Published on: February 07, 2025, 01:04 PM UTC
Skyworks Solutions (SWKS) stock plunged 25% after Apple shifted some orders to Broadcom (AVGO), reducing demand for Skyworks' iPhone chips.
Published on: February 07, 2025, 01:03 PM UTC
Elon Musk's elevated status in Washington is boosting Wall Street's confidence in him and his social media platform, X. Banks recently sold $5.5 billion in debt tied to Musk's 2022 Twitter buyout at a higher-than-expected price. This signals an improved view of X and represents a fortunate turn of events for banks holding the debt.
Published on: February 07, 2025, 12:03 PM UTC
VW's SEAT faces output cuts and layoffs if EU doesn't lower China-made EV tariff by March. The additional 20.7% duty is costing the company hundreds of millions of euros and jeopardizing its financial targets.
Published on: February 07, 2025, 12:00 PM UTC
Dow Jones, S&P 500 and Nasdaq futures were subdued Friday as investors awaited key January jobs report and Amazon shares fell on weak forecasts and cloud computing unit.
Published on: February 07, 2025, 11:01 AM UTC
Tesla's China-made EV sales fell 11.5% in January, while rival BYD surged 47.5% year-over-year despite a monthly decline.
Published on: February 07, 2025, 10:00 AM UTC
January's jobs report is expected to show hiring slowed to start 2025 while the unemployment rate remained flat at 4.1%. Economists expect non-farm payrolls to have risen by 170,000, below December's 256,000 gain. Despite the slowdown, the labor market remains strong with job openings still high and layoffs low.
Published on: February 07, 2025, 09:02 AM UTC