Tag: gadgets

Stock markets struggled Friday as investors assessed earnings and weighed Trump's tariff hints. The Dow dropped 0.2%, S&P 500 slipped, while Nasdaq edged down 0.1%. The week is poised to end with gains as Trump's comments buoy investor optimism, despite skepticism about his ability to execute changes.

Published on: January 24, 2025, 04:02 PM UTC

Novo Nordisk's amycretin, a new weight loss drug, shows promise in early-stage trials, boosting the company's stock by over 12%. The injectable drug delivered weight loss up to 22% in clinical trials, potentially giving Novo a competitive edge in the obesity market.

Published on: January 24, 2025, 02:01 PM UTC

Honeywell CEO says the company is considering a breakup, spinning off its aerospace and automation businesses into two independent publicly traded companies.

Published on: January 24, 2025, 01:04 PM UTC

US stock index futures edged lower on Friday as uncertainty over trade policies and upcoming data weigh on investors.

Published on: January 24, 2025, 12:00 PM UTC

US stocks closed higher on Thursday, with the S&P 500 and Dow Jones Industrial Average hitting fresh record highs. Investors welcomed comments from President Donald Trump at the World Economic Forum in Davos, where he indicated a focus on trade and economic policy. Tech stocks, however, faced some headwinds, with Nvidia shares declining after a supplier raised concerns about semiconductor demand. Economic data showed jobless claims increasing slightly, while earnings reports from American Airlines, Electronic Arts, and other companies were mixed.

Published on: January 24, 2025, 11:02 AM UTC

Boeing estimates a $3.5 billion loss due to the IAM strike, workforce reductions, and changes in its defense business. Quarterly revenue is expected to be $15.2 billion with a GAAP loss per share of $5.46. The company laid off hundreds of workers and reduced its headcount by 10%. Despite near-term challenges, Boeing is taking steps to stabilize its business, including a successful capital raise to improve its balance sheet.

Published on: January 24, 2025, 10:01 AM UTC

Global stocks rise for a ninth day, on track for a record high, boosted by comments from US President Donald Trump hinting at a potentially softer approach towards tariffs on China. The yen strengthens after the Bank of Japan raises interest rates.

Published on: January 24, 2025, 07:00 AM UTC

President Trump expresses reluctance to impose tariffs on China, suggesting a trade war may be averted.

Published on: January 24, 2025, 04:00 AM UTC

BOJ Interest Rate Decision to Dominate Currency Markets, Yen and Dollar in Focus, BOJ widely expected to raise rates by 25 basis points, Dollar set for worst week in two months, Euro and sterling rise ahead of BOJ meeting.

Published on: January 24, 2025, 02:01 AM UTC

President Donald Trump has signed an executive order on cryptocurrencies, establishing a working group to coordinate regulation and potentially create a national digital asset stockpile. The order also prohibits the creation of central bank digital currencies.

Published on: January 23, 2025, 11:01 PM UTC