Posts with tag: budget
Meta's strong fundamentals, rather than its relationship with President Trump, are driving its stock to record highs. Morgan Stanley analyst Brian Nowak believes the company's improving platform and advertising dynamics are behind its success.
Published on: February 12, 2025, 06:02 PM UTC
U.S. stocks open lower as investors await Trump's tariff policies and Powell's testimony on inflation. Gold hits a fresh record amid uncertainty, while earnings from Coca-Cola and Shopify are in focus.
Published on: February 11, 2025, 03:01 PM UTC
Metaplanet Inc. has soared 4,800% in the past year, leveraging Bitcoin's surge amid a pro-crypto US regulatory environment under Donald Trump. Investors are drawn to the stock's exposure to Bitcoin and its potential growth as a Bitcoin-first strategy hotel developer.
Published on: February 11, 2025, 02:02 AM UTC
SPS Commerce Q4 earnings beat expectations, with EPS of $0.89 and revenue of $170.9 million. For the full year, the company reported profit of $77.1 million, or $2.04 per share, on revenue of $637.8 million.
Published on: February 10, 2025, 10:06 PM UTC
Billionaire Elon Musk suggests closer scrutiny of the Federal Reserve in the wake of Fed Chair Jerome Powell's upcoming testimony on Capitol Hill. Musk argues for transparency and accountability in all aspects of government, including the Fed.
Published on: February 10, 2025, 09:03 PM UTC
Leading economists caution against potential stagflation shock from a full-scale US trade war as markets hover near record highs.
Published on: February 10, 2025, 05:02 PM UTC
Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Monday that its January revenue rose 3.16% on year.
Published on: February 10, 2025, 08:00 AM UTC
Despite looming tariffs, the stock market remains near record highs. This is due to expectations of continued earnings growth. Earnings are the most important driver of stock prices, and analysts expect the U.S. stock market to outperform the U.S. economy thanks to positive operating leverage. However, there are always risks to worry about, such as U.S. political uncertainty, geopolitical turmoil, and economic recessions.
Published on: February 10, 2025, 07:01 AM UTC
The Trump administration is prioritizing stablecoin regulation as the opening move of its pro-crypto push. Stablecoins, which are cryptos pegged to fiat currencies, are viewed as a way to ensure dollar dominance.
Published on: February 08, 2025, 10:00 PM UTC
Investors are bracing for a weaker pound as the Bank of England's policy decision highlights concerns about UK economic growth. Despite a slight recovery, sterling remains the weakest among G-10 currencies, with experts predicting further interest rate cuts and a potential drop to $1.19.
Published on: February 07, 2025, 01:04 PM UTC