Posts with tag: environment
Record high gold prices and tariff fears are driving significant gold transfers from London to New York, with premiums and discounts on gold reaching abnormal levels.
Published on: February 17, 2025, 09:00 PM UTC
The surging US dollar impacts corporate earnings, with tech giants and consumer brands facing foreign exchange headwinds. Apple, Alphabet, Microsoft, Tesla, and Meta report significant overseas revenue, resulting in warnings about dollar strength. Amazon predicts slow revenue growth due to foreign exchange headwinds, while McDonald's, Coca-Cola, and Johnson & Johnson forecast currency headwinds.
Published on: February 17, 2025, 12:02 PM UTC
Even with economic headwinds like rising inflation and tariffs, the long-term outlook for the stock market remains positive due to expected earnings growth. Positive demand, a growing economy, and supportive actions by the Federal Reserve contribute to this favorable outlook. While sentiment is low, hard economic data shows ongoing growth. Companies' cost structure adjustments and investments in technology are resulting in robust earnings growth. Despite risks and potential volatility, the long-term trend of the stock market is expected to remain upward.
Published on: February 17, 2025, 12:01 PM UTC
UK inflation probably hit a 10-month high in January, driven by increased school fees and a reversal of factors that had lowered inflation in December. The figures support concerns among Bank of England policymakers that the inflation outlook is worsening, with consumer price growth expected to peak at 3.7% later this year.
Published on: February 16, 2025, 07:00 AM UTC
Bond yields declined as weak retail sales raised expectations of Federal Reserve rate cuts, leading to a rally in Treasuries and a decline in the dollar. The S&P 500 hovered near record highs, while company-specific factors have been driving stock movements more than macro factors.
Published on: February 15, 2025, 12:00 AM UTC
President Trump earlier focused on universal tariffs last year, but now his administration emphasizes reciprocal specific tariffs, which many believe could be less harmful to American consumers but politically complicated.
Published on: February 14, 2025, 10:03 PM UTC
Coinbase stock fell despite strong Q4 earnings due to mixed guidance for Q1. Analysts remain positive, citing tailwinds from higher bitcoin prices and a favorable regulatory backdrop under Trump.
Published on: February 14, 2025, 01:01 PM UTC
Agnico Eagle Mines Ltd. (AEM) reported fourth-quarter net income of $509.3 million, beating Wall Street expectations. Adjusted earnings were $1.26 per share, revenue was $2.22 billion, and shares have increased 29% YTD. Zacks Investment Research report available at https://www.zacks.com/ap/AEM
Published on: February 13, 2025, 11:05 PM UTC
Apple is reportedly set to launch a new iPhone SE with Apple Intelligence, powered by Alibaba, but some analysts are skeptical of its potential impact on the stock.
Published on: February 13, 2025, 03:03 PM UTC
Zebra Technologies forecasts lower-than-expected 2025 revenue growth due to US trade restrictions, causing a 9% premarket stock decline.
Published on: February 13, 2025, 01:06 PM UTC