Tag: climate change

US stocks were mixed on Thursday as investors assessed earnings and awaited Amazon's results. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 rose 0.3% and the Nasdaq Composite popped 0.5%. Investors are watching earnings for company warnings, and tech results are being scrutinized for signals about AI demand. Treasury Secretary Bessent relieved pressure on the Fed, saying Trump wants to bring down 10-year Treasury yields to ease borrowing costs rather than push for lower interest rates. Jobless claims jumped to 219,000 last week, slightly above estimates. Amazon's revenue forecast disappointed, sending shares down. Nvidia shares rose 3% as stocks rallied. AI mentions are at an all-time high on earnings calls. Ford fell 7% after muted guidance. Apple supplier Skyworks stock plummeted as the iPhone maker turns to a competitor. A tariff threat on lumber poses risks to builders' margins. Americans looking for work haven't had it this hard in almost 3 years. The Dow drops 150 points, weighed by Salesforce and Honeywell. Arm and Qualcomm stocks fall as investors wait for AI to drive demand for their chips. The labor market could be the only hope for another Fed rate cut. Roblox tumbles 13% as key metrics disappoint Wall Street. Tesla stock extends losses, down more than 2%. Peloton stock soared 23% as quarterly sales came in better than expected. Qualcomm shares were down 5% on Thursday after the chipmaker's quarterly earnings came in better than expected, but guidance for its licensing business disappointed Wall Street. Honeywell shares fell 4% on Thursday after the conglomerate ended months of speculation by announcing it would split into three listed companies. Stocks opened higher as earnings poured in. Eli Lilly reports mixed earnings, increases 2025 guidance. Europe stocks rise, FTSE 100 surges after BOE rate cut. Oil prices return from losses with Saudi price increase.

Published on: February 07, 2025, 07:02 AM UTC

Google faces scrutiny for diversity hiring targets amid intensifying debate in Washington, D.C., while Microsoft and Apple maintain their commitment to DEI despite criticism and legal challenges.

Published on: February 06, 2025, 08:00 PM UTC

Presidential Spending Authority: The Challenge of Impoundment and Its Potential Supreme Court Showdown

Published on: February 06, 2025, 07:03 AM UTC

Chipotle says it can absorb tariff increases for now, but if they become permanent, menu price hikes possible.

Published on: February 05, 2025, 08:03 PM UTC

Apple stock fell after a Bloomberg report stated that the Chinese government might launch an antitrust inquiry into the company's app store policies and fees.

Published on: February 05, 2025, 02:00 PM UTC

Chipotle fights off headwinds, meets Q4 expectations, reports strong sales growth and margin expansion. The company forecasts continued growth in 2025, despite potential tariff impacts and plans to open new locations. Chipotle is also testing new technology to improve throughput and efficiency.

Published on: February 05, 2025, 01:02 PM UTC

Tariffs on shoes, apparel could impact earnings for Kontoor Brands, Yeti, Warby Parker, Skechers, Crocs in 2025

Published on: February 04, 2025, 03:02 PM UTC

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Published on: February 04, 2025, 11:00 AM UTC

Spotify (SPOT) reports earnings Tuesday pre-market with analysts expecting continued strong subscriber growth and revenue of €4.16B, up from €3.67B in Q4 2023. Margins are projected to improve to 31.8%, driven by price increases and new offerings. A new deal with UMG is also in focus.

Published on: February 04, 2025, 09:02 AM UTC

U.S. equity funds attracted $5.58 billion in inflows for the week ending Jan. 29, driven by hopes of interest rate cuts and a rebound in tech stocks. Investors also purchased financials and industrials sector funds, as well as large-cap and small-cap equity funds. Debt funds saw inflows of $8.38 billion, while money market funds experienced net sales.

Published on: January 31, 2025, 12:06 PM UTC