Tag: blog

US stock futures fell Tuesday as investors await President Trump's tariff announcements and Powell's testimony on inflation. Coca-Cola shares rose after beating profit estimates, while Shopify's stock dropped after a downbeat forecast.

Published on: February 11, 2025, 01:03 PM UTC

Coca-Cola earnings preview: Revenue expected to reach $10.67B, EPS at $0.52. Analysts anticipate strong organic revenue growth due to price increases offsetting headwinds like cautious consumers and international market challenges.

Published on: February 11, 2025, 12:02 PM UTC

Chinese stocks are the most bought by global hedge funds, with DeepSeek's AI model boosting investor enthusiasm. Goldman Sachs reports a surge in buying in the past week, driven by consumer discretionary, tech, and industrial sectors. Sentiment is positive due to Beijing's policy easing and reduced US tariffs.

Published on: February 11, 2025, 07:01 AM UTC

US stocks rebounded on Monday as investors looked beyond President Trump's latest tariff threats. The Dow Jones Industrial Average (^DJI) rose nearly 0.4%, while the S&P 500 (^GSPC) gained roughly 0.6%, and the Nasdaq Composite (^IXIC) popped nearly 1%. Investors weighed Trump's recent pledge to introduce additional 25% tariffs on steel and aluminum from all countries.

Published on: February 11, 2025, 06:02 AM UTC

Reddit (RDDT) Q4 Earnings Preview: Revenue, User Growth in Focus

Published on: February 11, 2025, 12:01 AM UTC

PetMed Express reports a loss of $707,000 in its fiscal third quarter

Published on: February 10, 2025, 10:09 PM UTC

Harmonic Inc. (HLIT) reported fourth-quarter profit of $38.1 million, exceeding Wall Street expectations of $37 cents per share. Revenue was $222.2 million, also beating forecasts. For the year, the company reported profit of $39.2 million, or 33 cents per share, on revenue of $678.7 million.

Published on: February 10, 2025, 10:07 PM UTC

Despite recent market volatility, retail investors are aggressively buying leveraged long ETFs, pushing their assets to almost $100 billion, while bearish bets remain subdued. 2x and 3x ETFs on tech stocks, semiconductors, and Ether have seen significant inflows, reflecting a surge in risk appetite among investors.

Published on: February 10, 2025, 10:04 PM UTC

OpenAI CEO rejects $97.4 billion bid from investors led by Elon Musk; OpenAI plans to transition from nonprofit to for-profit company following significant investments from Microsoft and others.

Published on: February 10, 2025, 10:00 PM UTC

President Trump's trade actions this week will focus on steel, aluminum, and reciprocal tariffs. New duties on steel and aluminum will be announced today, and reciprocal tariffs designed to equalize global trade are set for Tuesday or Wednesday. The moves come amid an ongoing trade war with China and potential tariffs on Canada and Mexico.

Published on: February 10, 2025, 09:04 PM UTC