Posts with tag: algorithms
Nvidia's stock dropped 5% after President Trump's new tariffs and news of potential restrictions on exports to China.
Published on: February 03, 2025, 05:02 PM UTC
Mexico suspends tariffs with US for a month after agreeing to deploy troops to stem drug flow
Published on: February 03, 2025, 04:03 PM UTC
AMD reports Q4 earnings tomorrow. Analysts expect revenue to grow by 22.3% year over year to $7.54 billion, and adjusted earnings to come in at $1.09 per share. Some of AMD's peers have already reported their Q4 results, with mixed results. Qorvo's revenues decreased 14.7% year on year, while Allegro MicroSystems reported a revenue decline of 30.2%. AMD is down 12.6% over the last month, but analysts have an average price target of $169.82 on the stock.
Published on: February 03, 2025, 02:09 PM UTC
Ontario Premier cancels Starlink contract in protest of Trump tariffs
Published on: February 03, 2025, 02:06 PM UTC
IBM, GM, and Snowflake report earnings, with some companies cautious due to uncertainty about Trump administration policies.
Published on: February 03, 2025, 12:03 PM UTC
The worlds of traditional finance and cryptocurrency are converging as President Trump and his administration drive favorable regulations and invest in digital asset companies like Truth.Fi. With the elimination of guidance from the SEC to treat crypto as a liability, financial institutions like Charles Schwab (SCHW) now have the green light to hold crypto assets for clients. The industry sees this as a step toward wider acceptance of digital assets, predicting their growth as a common investment.
Published on: February 03, 2025, 12:03 PM UTC
China to center trade proposal on restoring "Phase 1" deal, WSJ reports. China's plan includes a pledge not to devalue the yuan, increased U.S. investments, and reduced fentanyl precursor exports.
Published on: February 03, 2025, 08:03 AM UTC
EssilorLuxottica receives FDA approval for Nuance over-the-counter audio glasses, targeting 1.25 billion people with hearing loss.
Published on: February 03, 2025, 08:00 AM UTC
Oil prices surge on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply.
Published on: February 03, 2025, 12:00 AM UTC
Google parent Alphabet set to report Q4 results after market closes Tuesday with analysts expecting revenue and profit growth. Alphabet's AI plans will also be in focus after emergence of cost-efficient AI model from Chinese startup DeepSeek.
Published on: February 02, 2025, 10:00 PM UTC