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Gold Hits Record High as Trump Tariffs Spark Safe-Haven Demand

Record Gold Price Spurs Haven Demand as Trump Threatens Tariffs

Apple Earnings: Mixed Bag with iPhone Slippage Offset by Rising Revenue

Apple's latest earnings report shows mixed results, with rising revenue countering slipping iPhone sales. Despite missing iPhone estimates, Apple beat Wall Street expectations with a 4% revenue increase.

Kraken Reintroduces Crypto Staking for US Customers

Kraken Reintroduces Crypto Staking Services for US Customers

US GDP Report, Fed Policy, and Inflation Concerns

The Fed's new wait-and-see approach on interest rates is reinforced by Thursday's GDP report and the expectation of Friday's sticky inflation reading.

Apple Q1 Earnings Beat EPS, Revenue Estimates; iPhone Sales Disappoint

Apple Beats Q1 Estimates, But iPhone Sales Disappoint

Broadcom (AVGO) Stock Jumps on Meta's AI Chip Expansion Plans

Broadcom (AVGO) stock jumped 6.3% after Meta announced plans to use their MTIA chips for AI training, including generative AI. DeepSeek's new AI models built on cost-efficient chips disrupt assumptions and challenge chipmakers like Nvidia. Read more about Broadcom's potential gains and AI industry shifts.

US Stocks Gain as Consumer Spending Surges, Earnings Outlook Improves

Stocks rose on signs of solid consumer spending, pushing the S&P 500 up 0.8%. The economy expanded at a solid pace, despite drags from a strike at Boeing Co. and inventory investment. Investors await Apple Inc.'s earnings and the Fed's favored inflation gauge, the personal consumption expenditures index.

US economy logs slower-than-expected growth in Q4

The US economy's growth in the fourth quarter was slower than expected at 2.3% annualized pace. Consumer and government spending increased, while investment declined. The core PCE index rose by 2.5%. The Fed remains cautious about adjusting interest rates despite the strong economy and elevated inflation.

Comcast Earnings: Broadband Struggles Drag Down Stock

Comcast's stock dropped after reporting a loss in broadband and TV customers, despite announcing strategic changes and the spin-off of its cable properties to combat cord-cutting and mobile competition.

US GDP Grows at Solid 2.3% Pace in Fourth Quarter

The US economy expanded at a solid 2.3% in the fourth quarter of 2024, driven by strong consumer spending and a surge in demand from consumers. However, the economy faces challenges such as a decline in nonresidential fixed investment and the threat of tariffs.