Posts with tag: adventure
US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's swift retaliation to the US's increased tariffs and the potential consequences of a trade conflict. Traders also digested new employment information, which revealed a larger-than-anticipated decrease in job vacancies in December. Investors continue to watch for signs of a downturn in the labor market as the Federal Reserve deliberates potential interest rate reductions in light of persistent inflation. The Dow Jones Industrial Average (^DJI) climbed roughly 0.3%, while the S&P 500 (^GSPC) gained roughly 0.7%. Following losses on Monday, the Nasdaq Composite (^IXIC), which is heavily weighted toward technology, gained nearly 1.4%.
Published on: February 04, 2025, 10:01 PM UTC
Republican lawmakers announce plans for stablecoins bill and regulatory framework to bring clarity to digital asset industry in the United States.
Published on: February 04, 2025, 10:01 PM UTC
US stocks climbed higher on Tuesday, buoyed by a strong showing from technology companies, as investors assessed the ongoing trade tensions between the US and China. The Dow Jones Industrial Average gained 0.3%, the S&P 500 rose 0.7%, and the Nasdaq Composite jumped 1.3%. Tech giants Apple, Amazon, Microsoft, and Alphabet all contributed to the gains, while chipmaker Nvidia surged after reporting better-than-expected earnings. The positive market sentiment was also supported by optimism surrounding a potential trade deal between the US and China, with President Donald Trump hinting at a "great deal" in the works.
Published on: February 04, 2025, 09:02 PM UTC
Archer-Daniels-Midland slashes costs and cuts staff amid commodity downturn, trade war uncertainty. The company forecasts a possible third straight annual earnings drop in 2025.
Published on: February 04, 2025, 09:00 PM UTC
US stocks rallied on Tuesday as investors gauged China's immediate response to President Donald Trump's additional tariffs amidst fears of a potential trade war. Investors also digested fresh jobs data, with job openings dropping more than expected in December. Investors continue to monitor signs of a cooling labor market as the Federal Reserve weighs future interest rate cuts amid persistent inflation.
Published on: February 04, 2025, 08:00 PM UTC
Why is Atkore (ATKR) stock down 21%? Q4 results missed expectations, with revenue and EBITDA falling short. However, EPS beat estimates. Is now the time to buy?
Published on: February 04, 2025, 07:03 PM UTC
Meta shares rise after a solid earnings report and optimism about AI-related growth opportunities. Technical analysis suggests short-term bullish targets around $755 and longer-term targets around $935. Key support levels to monitor on pullbacks are $632 and $600.
Published on: February 04, 2025, 07:01 PM UTC
Meta's CTO anticipated the launch of DeepSeek's AI model months ago, calling it "both a big deal and also not as big as it's made out to be."
Published on: February 04, 2025, 07:01 PM UTC
J&J Snack Foods (JJSF) shares dropped 11.1% premarket after the company reported underwhelming Q4 results. Gross margin missed estimates, leading to an EPS shortfall. Read more on JJSF's performance and market impact.
Published on: February 04, 2025, 06:04 PM UTC
Pfizer (PFE) reports Q4 and full-year 2024 earnings, beating Wall Street expectations. Revenue grew 7% to $63.6 billion for the year, while EPS of $3.12 exceeded estimates. Despite facing headwinds like pipeline challenges and Medicare price negotiations, Pfizer plans to cut costs and enhance shareholder value in 2025.
Published on: February 04, 2025, 06:03 PM UTC