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Lam Research Invests $1.2 Billion in India's Semiconductor Ecosystem

Lam Research Invests Over $1.2B in India's Semiconductor Ecosystem, Boosting Its Chipmaking Industry and Competing with Taiwan.

Apple Unleashes Powerbeats Pro 2 Earbuds With Built-in Heart Rate Monitors

Powerbeats Pro 2 earbuds feature built-in heart rate monitoring sensors, improved audio, battery life, and ear hook design. The earbuds are sweat- and water-resistant and work well with both Apple and Android devices.

Stock Futures Fall as Investors Digest Trump's Tariffs

US stock futures edged lower after President Trump announced 25% tariffs on global steel and aluminum imports. S&P 500 futures slipped 0.2%, Dow futures fell 0.1%, and Nasdaq futures declined 0.2%.

Southwest Airlines Names Tom Doxey as Chief Financial Officer

Southwest Airlines names Tom Doxey as new CFO, replacing retiring Tammy Romo.

McDonald's Misses Estimates, Faces Challenges with Stock Performance and Sales

McDonald's Q4 2024 results missed expectations, with revenue and earnings per share falling short. Global same-store sales were up slightly, but US same-store sales declined due to an E. coli outbreak. The company aims to regain market share in 2025 with its McValue menu and new menu items, but analysts are concerned about over-reliance on promotions.

Tesla's China Slump Fuels Weekly Losses Amid Competition, Musk's Politics

Tesla stock had a rough week as China deliveries slumped 11.5% in January, while BYD sales surged 47%. Germany sales also plunged to their lowest since 2021. The US suspended federal funding for EV chargers, impacting shares of ChargePoint, Blink, and EVgo. Tesla has received an estimated $31 million through the program.

Bank of America CEO Brian Moynihan's 2024 Compensation Set at $35 Million

Bank of America CEO Brian Moynihan received a 21% compensation increase to $35 million for 2024, driven by strong performance including increased interest income and a 10% bonus pool increase for investment bankers.

Trump Eyes Hedge Fund Tax Break

President Biden to discuss tax cuts, including the carried interest tax deduction loophole, with Republican lawmakers.

Fed's Kashkari sees 'modestly' lower rates by year-end if inflation cools

Minneapolis Fed President Neel Kashkari says strong labor market data and cooling inflation suggest the Fed may lower rates modestly by year-end.

Singapore Banks to Report Strong Earnings but Face Challenges Amid Trade Worries

Singaporean banks set to report stronger fourth-quarter profits, but trade tariffs and other US policies may hit growth in 2025.