Posts with tag: communication
Sell-off in tech stocks as AI competition concerns spark caution, with Nvidia dropping 11% and FAANG stocks down over 2%. Slowdown in big tech earnings growth remains a risk, as these companies account for nearly 40% of the S&P 500 and have been driving the bull market rally.
Published on: January 27, 2025, 03:02 PM UTC
Crude oil futures surge as investors hedge against inflation risk amid potential tariffs
Published on: January 27, 2025, 10:00 AM UTC
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Published on: January 27, 2025, 08:00 AM UTC
Apple shares have had a rough start to 2025, slumping 11% and flirting with the 200-day moving average, a key technical level. If breached, it could signal more downside ahead. Apple's performance is its worst start to a year since 2008.
Published on: January 24, 2025, 04:06 PM UTC
The European Commission has completed its initial probe into social media platform X and will decide whether to impose a fine worth millions of euros
Published on: January 24, 2025, 11:05 AM UTC
Rio Tinto warns cyclone damage to impact iron ore shipments in Q1; analysts see potential hit to full-year guidance.
Published on: January 24, 2025, 03:00 AM UTC
Trump's proposed tariffs could harm apparel companies like Ralph Lauren, despite their efforts to diversify sourcing and mitigate costs. However, apparel company stocks have remained resilient, suggesting investors are not overly concerned about the potential impact.
Published on: January 23, 2025, 03:02 PM UTC
Netflix stock surged nearly 10% to an all-time high after reporting a record-breaking 18.9 million new users in Q4. The streaming giant also announced a $15 billion stock buyback and boosted its revenue outlook, leading to analyst upgrades and price target increases. With live events like NFL games and the "Jake Paul vs. Mike Tyson" boxing match driving subscriber growth, Netflix is expected to continue its strong performance.
Published on: January 23, 2025, 02:03 PM UTC
Tech stocks led a market rally on Wednesday, with Netflix stock surging to a record high. President Trump's push for AI investment boosted tech stocks, while fresh tariff concerns weighed on the Nasdaq. The S&P 500 climbed to near its record high, with strong earnings from Johnson & Johnson, Procter & Gamble, and others boosting sentiment. Despite the rally, PepsiCo CEO expressed confidence in the food industry amidst criticism from the Trump administration. Gold prices rose due to tariff uncertainties, while higher interest rates remain a concern for investors.
Published on: January 22, 2025, 11:02 PM UTC
European stocks near record high as AI spending optimism offsets tariff concerns. US equity futures gain, led by tech stocks. Market faces uncertainty over Trump administration's policy overhaul.
Published on: January 22, 2025, 09:01 AM UTC