Posts with tag: adventure
Infineon Technologies AG beats analyst estimates with revenue forecast, outperforming peers with strong data center and automotive chip demand.
Published on: February 04, 2025, 09:00 AM UTC
US stock futures, dollar indexes mixed as China investigates Google, tariffs start
Published on: February 04, 2025, 08:01 AM UTC
Stocks rebounded after Trump suspended tariffs on Mexico, but experts warn that the market may be too optimistic about how his tariff agenda will unfold. Investors are advised to proceed with caution and consider the downside risks to sectors like tech and consumer electronics.
Published on: February 04, 2025, 07:03 AM UTC
US stock futures climbed as Trump agreed to delay tariffs on Canada and Mexico by 30 days. Nasdaq 100 futures rose 0.7%, while S&P 500 futures gained 0.5% and Dow futures inched up 0.3%. Gold rose toward a record high as Trump's tariff threats and delays boost demand for a stable asset.
Published on: February 04, 2025, 06:01 AM UTC
Oil fell after Trump delayed tariffs on major suppliers Canada and Mexico, but still plans to impose levies on China. Tariffs and geopolitical uncertainty weigh on oil prices as demand concerns linger. OPEC+ maintains output plans, despite Trump's call for increased production.
Published on: February 04, 2025, 04:01 AM UTC
Spotify (SPOT) is set to report its fiscal fourth quarter earnings before the bell on Tuesday. Wall Street expects another strong quarter of subscriber gains, with revenue projected to hit 4.16 billion euros and adjusted earnings per share of 1.89 euros. The company is also expected to announce a new multiyear distribution agreement with Universal Music Group.
Published on: February 04, 2025, 01:02 AM UTC
US stock futures rise, with Nasdaq futures up 0.7% and S&P 500 futures up 0.5%, as Trump delays tariffs on Canada and Mexico. However, companies with China exposure, such as Apple and Tesla, decline on concerns over ongoing tariffs.
Published on: February 04, 2025, 01:01 AM UTC
US stocks declined Monday in response to the Trump administration's scheduled tariff implementation against Canada and China, although the major averages reversed larger losses after President Donald Trump stated that the US would postpone duties on Mexican imports for a month. The Nasdaq Composite (^IXIC), which is heavily weighted toward technology, lost 1.2% after recovering a portion of its earlier losses. The S&P 500 (^GSPC) fell roughly 0.7%, while the Dow Jones Industrial Average (^DJI) fell 0.3%. Consumer discretionary (XLY) stocks, which include automakers, were impacted by concerns about tariff effects. AI chip giant Nvidia (NVDA), iPhone maker Apple (AAPL), and electric vehicle manufacturer Tesla (TSLA) all saw losses of more than 2.5% in the technology sector (XLK).
Published on: February 04, 2025, 12:02 AM UTC
Central bank chiefs should reconsider interest rate setting to prevent future inflation spikes, says Bank for International Settlements
Published on: February 04, 2025, 12:00 AM UTC
Everest Group, Ltd. reported a $593 million loss in its fourth quarter, missing Wall Street expectations. However, the reinsurance company's revenue of $4.64 billion topped Street forecasts. For the year, the company reported profit of $1.37 billion, or $31.78 per share.
Published on: February 03, 2025, 11:06 PM UTC