Tag: adventure

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US Stocks Rise on Trump's First Day, Tech Lags

US stocks climbed across the board on Tuesday as investors digested President Donald Trump's first wave of executive orders, including future tariffs on China and Mexico. The Dow Jones Industrial Average (^DJI) and the benchmark S&P 500 (^GSPC) rose around 0.5% and 0.4%, respectively, while the Nasdaq Composite (^IXIC) also climbed about 0.5%. The tech sector lagged as investors digested Trump's first policy moves, including future tariffs on Mexico and Canada. Netflix (NFLX) is expected to deliver strong results when it reports after the bell, while Charles Schwab (SCHW) reported a surge in earnings of nearly 50% due to increased trading activity. The US dollar (DX-Y.NYB) pulled back from a near two-year high on Monday following news that Trump held off from firing off a barrage of universal tariff hikes, with the currency recovering somewhat on Tuesday after Trump said he was considering 25% duties for Mexico and Canada starting Feb. 1.

Mark Zuckerberg's Metamorphosis: Pivoting to the Right Amidst Trump's Return

Meta CEO Mark Zuckerberg's Embrace of Trump Raises Concerns Among Employees; Meta's Reputation at Stake

Williams-Sonoma CEO: We're Not Waiting for the Next Wave of Tariffs

Williams-Sonoma CEO Laura Alber discusses the company's strategy to mitigate the impact of Trump's tariffs on China. The home goods retailer has reduced its sourcing from China by 50% and plans to continue moving production elsewhere.

Prologis Q4 Earnings Beat, Driven by Warehouse Demand

Prologis Tops Q4 Estimates as Warehouse Demand Heats Up, Forecasts Cautious Outlook

Trump Delays TikTok Ban With Executive Order

President Trump issues executive order delaying TikTok ban, citing national security concerns. The order opens a 75-day window for negotiations, but experts question its legality.

Netflix Q4 Earnings: Analysts Predict Strong Results Amid Sports Content Strength

Netflix is expected to report strong Q4 earnings driven by successful content, including NFL games, "Squid Game," and the "Jake Paul vs. Mike Tyson" boxing match. Analysts expect revenue of $10.11 billion, EPS of $4.18, and 9.18 million net subscriber additions. The company is rumored to be planning price hikes and phasing out net subscriber figures.

MicroStrategy Buys $1.1 Billion More Bitcoin Ahead of Shareholder Vote

MicroStrategy purchases another $1.1 billion in Bitcoin, now owns 2% of all BTC in circulation. The software company has been buying Bitcoin since August 2020 and plans to raise $42 billion in capital to continue purchases. Shareholders will vote Tuesday on increasing the number of authorized shares to fund additional Bitcoin purchases.

SandboxAQ Offers Large Quantitative Models on Google Cloud

SandboxAQ's LQMs empower enterprises with sophisticated financial modeling and automated trading strategies. Now available on Google Cloud, unlocking advanced AI tech for business growth.

Crypto Volatility on Trump's 2nd Inauguration Day: Trump Coin, Market Reactions

As Donald Trump assumes presidency, crypto markets see volatility. Bitcoin's price reached a new high before falling after his inauguration speech, while Trump-themed meme coins gain traction.

Global Tailings Management Institute Launched After Brumadinho Disaster

Global Tailings Management Institute established, six years after Brazil dam collapse. Institute will oversee audits, certify facilities.