Posts with tag: computer science
China imposed new tariffs on some US goods after Trump imposed 10% tariffs on goods from Beijing. The translated Chinese statement: A 15% tariff will be imposed on coal and liquefied natural gas. A 10% tariff will be imposed on crude oil, agricultural machinery, large-displacement cars, and pickup trucks. For the imported goods listed in the appendix originating from the United States, corresponding tariffs will be levied on the basis of the current applicable tariff rates.
Published on: February 04, 2025, 10:01 AM UTC
Oil prices decline as President Trump delays tariffs on Canada and Mexico, but still plans to impose them on China. The market remains uncertain due to concerns over global demand and the impact of tariffs. OPEC and its allies have not changed their oil production plans.
Published on: February 04, 2025, 02:00 AM UTC
Auto stocks fall as Trump's tariffs hit global markets. Toyota, Nissan, and Mazda face major risk due to factories in Mexico. Tariffs could cost carmakers $33 billion a year.
Published on: February 04, 2025, 12:00 AM UTC
Trump's tariffs on Canada, Mexico, and China send shockwaves through Wall Street, with analysts predicting pain and a hit to economic growth. Morgan Stanley sees a recession in Mexico and a drag on US growth. EvercoreISI warns of inflation and a slowdown. JP Morgan highlights the financial risks to metals companies. Bernstein notes the impact on risk-on sentiment and crypto markets. Vontobel emphasizes the uncertainty and the need for Swiss companies to adapt. Deutsche Bank anticipates a recession in Canada and Mexico and a boost to the US dollar. BMO Capital Markets recommends focusing on quality companies and dividends. TD Securities expects a reduction in Fed easing pricing and a selloff in the US short end. Stifel warns of supply chain disruptions and inflationary pressures for footwear and apparel companies.
Published on: February 03, 2025, 03:03 PM UTC
Skyline Champion (SKY) is set to report earnings tomorrow. Analysts expect revenue to grow 5.5% YoY to $590.4 million, with adjusted EPS of $0.81. SKY beat revenue estimates by 5% last quarter. Read our full earnings preview here.
Published on: February 03, 2025, 02:10 PM UTC
Chile's economic activity rose 0.9% in December, marking its third straight month of growth. The Imacec index was up 6.6% from a year prior, the biggest gain since January 2022. Mining surged 4.7% and commerce jumped 2.7%, while services remained unchanged.
Published on: February 03, 2025, 01:00 PM UTC
Trump's Antitrust Cops Block $14 Billion HPE-Juniper Merger, Signaling Aggressive Stance on Tech M&A
Published on: February 03, 2025, 11:02 AM UTC
China to center trade proposal on restoring "Phase 1" deal, WSJ reports. China's plan includes a pledge not to devalue the yuan, increased U.S. investments, and reduced fentanyl precursor exports.
Published on: February 03, 2025, 08:03 AM UTC
EssilorLuxottica receives FDA approval for Nuance over-the-counter audio glasses, targeting 1.25 billion people with hearing loss.
Published on: February 03, 2025, 08:00 AM UTC
Oil surges as Trump imposes tariffs on imports, including crude from Canada and Mexico, threatening higher costs for American consumers.
Published on: February 03, 2025, 03:01 AM UTC