Tag: gadgets

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UK Sells Record £13 Billion of 10-Year Bonds Amid High Demand

UK Sells Record £13 Billion in 10-Year Bonds Despite Yield Concerns

SailPoint Seeks $12.57 Billion Valuation in First Major Tech IPO Test of 2023

Cybersecurity firm SailPoint is seeking a valuation of up to $12.57 billion in its US IPO, marking the year's first major test of investor appetite for tech stocks.

UK Sells Record £13 Billion of 10-Year Bonds

UK sells record £13bn of 10-year bonds, attracting highest-ever demand from investors keen to lock-in yields near multi-decade highs.

Tariff Uncertainty Clouds Stock Markets Ahead of Powell Testimony, Key Inflation Data

Stocks struggle amid tariff concerns and await key events like Fed Chair Powell's testimony and US inflation data. Gold hits a new high while the dollar holds gains. Investors weigh the potential impact of trade tensions on global markets.

Trump's Tax Cuts Drive Push for Deep Spending Cuts

Donald Trump's early actions as president range from dramatic to trifling. He wants to slash billions of dollars in spending on foreign aid, consumer protection, and healthcare, while also hoping to end production of the penny. These seemingly unconnected ideas have a common thread: financing tax cuts, one of Trump's top priorities.

Oil Steadies After Biggest Gain in Almost Four Weeks as Russia Cuts Offset Tariff Woes

Oil prices steadied after Russian production cuts outweighed concerns over trade tariffs.

McDonald's Q4 Earnings: Weak Sales Overshadowed by Value Menu Drive

McDonald's falls short in Q4 revenue and earnings, citing underperforming stock, weak sales, and an E. coli outbreak. Global same-store sales rise, while US sales decline. The chain plans to regain market share with its McValue menu and new offerings in 2025.

Trump's Budget Cuts: Trivial to Dramatic, All for Tax Cuts

From slashing foreign aid to cutting healthcare and eliminating the penny, President Trump's early actions as president aim to finance tax cuts while reducing national debt.

Wall Street Banks Plan Crypto Push as Trump Embraces Industry

Wall Street banks are planning to capitalize on crypto industry growth fueled by President Trump's support, with Morgan Stanley, Bank of America, and Royal Bank of Canada eyeing IPOs and equity offerings.

AI Spending Fears Weigh on Tech Darlings

The Magnificent Seven tech stocks have underwhelmed in 2025, with only Meta posting double-digit gains. Tesla is the worst performer, down 6% due to weak sales and tariff concerns. Big Tech's massive capital expenditure plans for AI infrastructure have raised concerns about profit margins, leading to weakness in the Mag Seven and potentially the broader market.