Posts with tag: innovation
US stocks mixed at open as investors digest retail sales, tariff plan
Published on: February 14, 2025, 03:00 PM UTC
US stocks closed higher on Thursday after President Trump announced plans to impose reciprocal tariffs but delayed their implementation, while investors processed another report indicating that inflation remains high. The Dow Jones Industrial Average (^DJI) climbed more than 0.7%, or 350 points, while the S&P 500 (^GSPC) gained over 1% to close at 6,115.06, near its record high of 6,118.71. The tech-heavy Nasdaq Composite (^IXIC) rose more than 1.5% as Nvidia (NVDA) and Tesla (TSLA) rallied.
Published on: February 14, 2025, 02:03 PM UTC
Coinbase stock (COIN) declined despite a strong Q4 earnings report, but analysts say the muted reaction overlooks the company's growth potential in a bullish regulatory environment.
Published on: February 14, 2025, 02:02 PM UTC
Retail sales in the US dropped 0.9% in January due to cold weather and potential impact from fires in Los Angeles. Auto dealers, furniture stores, and online retail were particularly affected.
Published on: February 14, 2025, 02:00 PM UTC
Trump announces reciprocal tariffs, delays implementation to pursue negotiations
Published on: February 14, 2025, 12:03 PM UTC
SoftBank's AI ambitions face a challenge from DeepSeek's cost-efficient AI model, raising questions about massive AI infrastructure spending necessity. DeepSeek may trigger a near-term market correction for SoftBank and other AI stocks, shifting focus to monetization, which could take years. Despite analyst bullishness with a 30% gain projection, concerns linger, including Stargate's potential negative impact on profitability and DeepSeek's implications for AI economics.
Published on: February 14, 2025, 12:01 PM UTC
U.S. stock index futures pause on Friday as investors await more clarity on U.S. President Donald Trump's reciprocal tariff plans
Published on: February 14, 2025, 11:01 AM UTC
Euro-area economy eked out growth of 0.1% in Q4 2022, revised up by Eurostat. Despite mixed performances across major economies, ECB expects recovery in 2024.
Published on: February 14, 2025, 11:00 AM UTC
War-torn countries, heavily indebted nations, and US allies like Jordan stand to lose the most if USAID is dismantled. Ukraine, Jordan, Syria, Zambia, and Kenya are among the emerging economies most exposed to USAID funding cuts.
Published on: February 14, 2025, 11:00 AM UTC
Indonesia to Launch Sovereign Wealth Fund with $900 Billion Mandate for Growth
Published on: February 14, 2025, 10:00 AM UTC