Tag: design

Despite the threat of tariffs, the stock market continues to hover near record highs. This is surprising since tariffs are expected to negatively impact company earnings, the key driver of stock prices. The market's optimism may stem from the belief that any tariffs will be temporary or milder than anticipated. However, analysts estimate that the announced tariffs could reduce earnings significantly, potentially outweighing any positive earnings surprises. As a result, companies and analysts may need to reassess their earnings estimates.

Published on: February 10, 2025, 03:01 AM UTC

Dollar rises after Trump announces 25% tariffs on all steel and aluminium imports, causing jitters about a global trade war. Investors focus on inflation data and Fed Chair Powell's appearance for clues on interest rate policy.

Published on: February 10, 2025, 02:00 AM UTC

Island Technology, a security and software startup, raises $4.5 billion in a funding round led by Coatue Management.

Published on: February 08, 2025, 02:00 AM UTC

Mortgage rates remain high, and consumers are becoming less optimistic about the housing market. Fannie Mae's latest survey shows that fewer people expect mortgage rates to fall, while more expect them to rise. This is in line with economists' warnings that rates may not fall much this year. Despite the pessimism about mortgage rates, Fannie Mae's overall Home Purchase Sentiment Index rose slightly, as buyers and sellers grew more optimistic about buying and selling conditions and home prices in the next 12 months.

Published on: February 07, 2025, 05:01 PM UTC

The US labor market remained resilient in January, with unemployment falling to a post-pandemic low of 4%, wage growth exceeding expectations, and revisions to job gains adding strength to the market. Despite a slowdown in job openings, other indicators like hiring and quits rates remained stable. The data suggests a "broadly stable" labor market, as described by Fed Chair Powell, with low hiring but strong job security and wage growth.

Published on: February 07, 2025, 02:04 PM UTC

US stock futures dip after Amazon's AI concerns; AI stocks mixed; Trump targets hedge funds; January jobs report eyed.

Published on: February 07, 2025, 03:01 AM UTC

Fortinet predicts full-year revenue surpassing Wall Street estimates, driven by growing demand for AI-powered cybersecurity solutions due to digitalization and rising cyber threats.

Published on: February 06, 2025, 10:06 PM UTC

Diageo shifted its strategy to weather tariffs on Mexican and Canadian goods, focusing on mitigation measures and cautious price increases amid soft demand and changing consumer behavior.

Published on: February 06, 2025, 09:03 PM UTC

Ford CEO Jim Farley slams Trump's tariffs, calls for fairness for all automakers in the industry.

Published on: February 06, 2025, 04:01 PM UTC

Ford beats earnings estimates, but issues muted guidance; Revenue was $48.2B vs $43.01B estimate; Adjusted EPS was $0.39 vs $0.32 estimate

Published on: February 06, 2025, 03:03 PM UTC