Tag: AI

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HP Joining Companies Stockpiling Goods Ahead of Potential Tariffs

HP stockpiles products ahead of potential Trump tariffs, mirrors actions of whiskey giant Suntory. As tariff concerns swirl, HP reports mixed quarters with PC sales falling 4% in the last quarter.

CWBC Q4 Earnings Miss, Revenue Tops Forecasts

Community West Bancshares (CWBC) reported a fourth-quarter earnings beat on adjusted revenue, missing EPS estimates. Read more

Boeing Loss Forecast Widens on Strike, Defense Charges

Boeing projects greater-than-expected Q4 loss amid strike impacts and defense unit charges.

US-Canada Trade: Impact of Tariffs on Auto Industry and Consumers

Canada Produces 10% of Cars Sold in USA; Tariffs May Increase Retail Prices by $3,000

Trump Scraps Biden's $2 Generic Drug List

President Trump rolled back a Biden administration executive order aimed at lowering prescription drug prices, including an initiative to make more generic drugs available to Medicare patients for just $2 a prescription.

Mexican peso and stocks rise after Trump speech

The Mexican peso and IPC index rose after Donald Trump's speech at Davos where he refrained from outlining specific tariffs plans.

US: Trump Says Companies Must Make Products in US to Avoid Tariffs

President Trump told the World Economic Forum that companies should manufacture their goods in the United States to avoid tariffs.

Dr. Doom Sounds Alarm on Humanoid Robots at World Economic Forum

Dr. Doom warns of potential job loss and inflation as humanoid robots and tariffs loom large at the World Economic Forum in Davos.

US Stocks Mixed as Investors Eye Trump's Davos Speech

US stocks mixed on Thursday as investors monitor President Trump's remarks at Davos. The S&P 500 rose over 0.1%, while the Dow Jones Industrial Average traded 0.6% higher. The Nasdaq Composite dropped 0.2% as tech stocks faced headwinds. Investors await earnings reports and keep an eye on trade developments amid Trump's focus on tariffs.

Norway holds rates at 17-year high, signals March cut

Norway's central bank keeps key rate at 4.50%, 17-year high