Posts with tag: future
Elon Musk is not in charge of the Department of Government Efficiency (DOGE), according to the White House. In an affidavit, a Trump administration official claimed Musk is merely a "senior adviser" with no actual authority to make government decisions.
Published on: February 19, 2025, 12:02 PM UTC
Nvidia (NVDA) analysts remain bullish despite challenges with AI costs, including DeepSeek's lower-cost model. Earnings report on Feb. 26 expected to provide insights into Q1 outlook and market expectations.
Published on: February 19, 2025, 12:01 PM UTC
HSBC plans to cut thousands of jobs in the UK as it restructures and shifts its focus to China. The bank aims to reduce costs by $1.5 billion by next year, and the job cuts will primarily come from simplifying the organizational structure and reducing management layers. HSBC's focus on Asia, particularly China, is evident as it expands its wealth management presence in the region.
Published on: February 19, 2025, 12:01 PM UTC
HSBC scraps 2030 net-zero target, citing slow real economy shift. The bank now aims for a 40% emissions reduction by 2030 and net-zero by mid-century. The move comes amidst concerns that the banking sector is backtracking on climate commitments.
Published on: February 19, 2025, 10:00 AM UTC
Global hedge funds buy Chinese stocks amid US-China trade tensions, seeing potential profits from geopolitical developments.
Published on: February 19, 2025, 10:00 AM UTC
China is likely to maintain steady lending rates, as policymakers balance financial stability with growth amid trade tensions and a recent surge in bank lending.
Published on: February 19, 2025, 08:00 AM UTC
US stock futures inch up after S&P 500 hits fresh record in late rally. Futures attached to the S&P 500 (ES=F) and Dow Jones (YM=F) inched up .01%, while Nasdaq (NQ=F) futures moved up 0.2%.
Published on: February 19, 2025, 04:01 AM UTC
Asian stocks tumble as a five-day rally pushes a regional gauge into overbought territory, with investors cautious amid escalating trade tensions and geopolitical uncertainty.
Published on: February 19, 2025, 04:01 AM UTC
Oil prices remain elevated amid speculation about the delay of OPEC+ production increases and uncertainties surrounding Russian oil flows.
Published on: February 19, 2025, 02:01 AM UTC
Intel stock soars 16% on report of potential Broadcom, TSMC deals. Analysts favor splitting Intel's business into two, with one company focused on product design and the other on manufacturing.
Published on: February 19, 2025, 01:02 AM UTC