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Hong Kong to file WTO complaint over US tariffs

Hong Kong to file WTO complaint over US tariffs on city's exports

Musk's Influence on Trump Administration Wanes

Elon Musk's unpopular government efficiency mission has sparked controversy and dwindling support, with polls showing a decline in his influence over the Trump administration. Steve Bannon, a Trump adviser, has labeled Musk "evil" and aims to distance him from the president.

Trump Targets Hedge Fund Tax Break in White House Meeting

In a meeting with Republican lawmakers, President Trump discussed tax cuts and his aim to eliminate the carried interest tax deduction, targeting hedge fund managers. While some Democrats support this move, skepticism exists among Republicans and industry lobbyists.

Leslie's (LESL) Q4 CY2024 Earnings: Sales Top Estimates, Stock Drops

Leslie's (LESL) reports Q4 revenue of $175.2 million, meeting estimates but with flat year-over-year growth. Despite lower-than-expected EBITDA, its Q1 guidance suggests continued challenges. Key takeaways, stock performance, and analyst sentiment are discussed in this comprehensive analysis.

Lilly Beats Q4 Earnings Estimates, Misses on GLP-1 Sales but Remains Growth Leader

Eli Lilly Q4 2024 earnings beat estimates, driven by strong GLP-1 drug sales, despite missing on expectations. Revenue increased 45% to $13.5 billion, and the company raised its 2025 guidance. Investors will focus on management's commentary on prescription volume and coverage dynamics for Mounjaro and Zepbound, as well as updates on orforglipron, a potential pill option for GLP-1 therapy.

Gold Demand Surges to New Records: Central Banks and Investors Seek Haven Amid Tariffs

Gold prices rise to record highs as central banks and investors seek safe haven amid escalating tariffs and geopolitical tensions, surpassing $2,877 per ounce.

Ford Q4 Earnings Beat: Muted Guidance Amid EV Segment Woes

Ford's Q4 earnings beat estimates, but muted guidance and tariff concerns weigh on stock. Revenue and adjusted EPS topped expectations, but the company sees lower profit and cash flow in 2025 due to market headwinds and potential tariffs.

Big Tech Earnings: AI Stays in Spotlight Despite Mixed Results

Despite uneven earnings reports from tech giants like Microsoft, Meta, Apple, and Google, Wall Street remains optimistic about the long-term potential of AI. Nvidia, a key player in the AI sector, is expected to report earnings on February 26th.

Tariffs and Inflation: A Delicate Balancing Act for the Fed

Chicago Fed President Goolsbee warns against ignoring potential inflationary impact of tariffs, citing supply chain disruptions during COVID-19 pandemic.

Apple Faces Antitrust Probe in China

Apple stock dropped premarket after a Bloomberg report that China is weighing an antitrust probe into its app store policies following a similar move by regulators in the US.