Posts with tag: economics
Auto stocks like Volkswagen, BMW, and Daimler fall on Trump's Mexico, China tariffs
Published on: February 03, 2025, 09:00 AM UTC
Shares of Malibu Boats (NASDAQ:MBUU) jumped 9.3% in the morning session after the company reported strong fourth-quarter results. Access our full analysis report here, it’s free.
Published on: January 30, 2025, 07:04 PM UTC
The US Justice Department is suing to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks, citing concerns that the deal would harm competition in the market for enterprise wireless equipment.
Published on: January 30, 2025, 07:00 PM UTC
Stocks wavered Wednesday morning amid caution ahead of Big Tech earnings and the Federal Reserve's rate decision. Nasdaq Composite fell over 0.3%, while S&P 500 and Dow Jones Industrial Average traded mixed. Investors await guidance from Meta and Microsoft's quarterly results for reassurance on Big Tech's AI spending. ASML stock surged on earnings beat and CEO's dismissal of DeepSeek's AI impact. Trump Media shares climbed nearly 15% on plans to expand into financial services.
Published on: January 29, 2025, 03:02 PM UTC
First Busey Corp. (BUSE) reports Q4 earnings of $0.49 per share, exceeding Wall Street expectations. Revenue reached $166.5 million, also surpassing estimates. For the year, the company posted a profit of $1.98 per share on $462.3 million in revenue.
Published on: January 28, 2025, 11:05 PM UTC
DeepSeek's AI model raises concerns about concentration risk in the stock market, with Nvidia's single-day market loss exceeding the market caps of Exxon and Mastercard.
Published on: January 28, 2025, 02:02 PM UTC
Global stocks fell as Chinese AI startup DeepSeek threatens US dominance; posing a challenge to industry leaders like Nvidia and their valuations.
Published on: January 27, 2025, 09:00 AM UTC
US stock futures mixed as investors weigh earnings and Trump's China stance. Dow Jones (YM=F) futures down almost 0.3%, S&P 500 (ES=F) flat after hitting record high Thursday. Nasdaq 100 (NQ=F) contracts little changed.
Published on: January 24, 2025, 02:02 PM UTC
Argentina cuts taxes on major crop exports, providing relief for farmers facing drought and low global prices amidst IMF negotiations and upcoming harvest.
Published on: January 23, 2025, 09:01 PM UTC
The EU is willing to discuss buying energy and weapons from the US to avoid tariffs that President Donald Trump has threatened to impose on the bloc, the EU's top economy official said on Thursday.
Published on: January 23, 2025, 02:01 PM UTC