Tag: future

Walgreens Boots Alliance Inc. Suspends Quarterly Dividend as Cash Needs Loom

Published on: January 30, 2025, 11:03 PM UTC

US stocks gained momentum Thursday afternoon as investors digested earnings from megacap tech companies and awaited Apple (AAPL) results for further insights into Big Tech's prospects. The S&P 500 (^GSPC) rose 0.5%, the Dow Jones Industrial Average (^DJI) climbed 0.4%, and the Nasdaq Composite (^IXIC) gained 0.3%. In earnings news, Microsoft (MSFT) shares plunged 6% after its quarterly cloud revenue fell short of expectations, while Meta (META) beat on earnings, buoying its stock. Tesla (TSLA) shares also rose despite an earnings miss, with investors focusing on its commitment to renewed growth by 2025. Meanwhile, President Trump's renewed threats of tariffs on Mexico and Canada caused a spike in the US dollar index before closing flat. Investors also parsed the Federal Reserve's decision to hold interest rates steady, turning to corporate earnings reports for guidance.

Published on: January 30, 2025, 11:01 PM UTC

Laurel Road's HYSA offers a 4.00% APY with no minimums or monthly fees. It's an online-only account with high yield and no maintenance costs, making it a great choice for saving and earning interest.

Published on: January 30, 2025, 11:00 PM UTC

Meta Platforms and Tesla boost U.S. stocks after earnings reports. S&P 500 climbs 0.5%, Dow gains 0.4%, and Nasdaq adds 0.3%. Treasury yields dip after GDP report shows solid growth but slower than expected.

Published on: January 30, 2025, 10:08 PM UTC

Mortgage rates remain essentially unchanged despite stock market sell-off. 30-year rates hold at 6.95%, while 15-year rates drop slightly to 6.12%. Higher rates and supply shortage continue to impact affordability, with sales activity declining.

Published on: January 30, 2025, 10:03 PM UTC

U.S. stocks finished mixed on Thursday as investors digested earnings updates from tech giants like Microsoft and Meta and awaited Apple's results for cues on the broader tech sector's health.

Published on: January 30, 2025, 07:02 PM UTC

Justice Dept. sues to block Hewlett Packard Enterprise Co.'s $14 billion acquisition of Juniper Networks Inc., arguing it would harm competition in the market for enterprise wireless equipment.

Published on: January 30, 2025, 06:01 PM UTC

Investors question the future of AI stocks as DeepSeek disrupts the market, with Nvidia (NVDA) seeing a significant decline. Snowflake CEO sees DeepSeek's low-cost model as a game-changer, highlighting the potential for more competition and a shift in AI investment strategies.

Published on: January 30, 2025, 03:03 PM UTC

Oracle Debuts AI Agents for Manufacturers Amid AI Boom

Published on: January 30, 2025, 03:02 PM UTC

First Merchants Corp. (FRME) beats earnings estimates for Q4, reporting $1.10 per share and revenue of $277.4 million. Zacks Investment Research had predicted earnings of 90 cents per share.

Published on: January 30, 2025, 02:08 PM UTC