Tag: innovation

Fresh data reinforces the Federal Reserve's wait-and-see approach to interest rates, as inflation stays sticky in December. The core Personal Consumption Expenditures (PCE) index remains at 2.8% year-over-year, while monthly PCE rises 0.2%.

Published on: January 31, 2025, 05:01 PM UTC

Gold prices rise as Goldman Sachs analysts predict a surge in demand due to potential US tariffs, reiterating their bullish outlook with a $3,000 per troy ounce forecast.

Published on: January 31, 2025, 05:01 PM UTC

Despite the emergence of DeepSeek, investors believe the "Magnificent Seven" US tech giants will maintain their dominance. A Bloomberg survey shows 88% expect DeepSeek's latest AI model to have minimal impact on tech stocks. Investors view Trump's policies as the primary driver of equity volatility. Despite the Monday selloff, tech remains bullish on its AI競爭力. US value stocks are gaining traction as an alternative to tech, with 39% of survey respondents favoring them.

Published on: January 31, 2025, 05:01 PM UTC

US stocks rose on Friday, boosted by strong earnings from Apple and data showing that inflation remains under control. Apple shares jumped after the company beat profit expectations in its first quarter, despite a decline in iPhone sales. The tech-heavy Nasdaq Composite climbed 1.44%, while the S&P 500 gained 0.78% and the Dow Jones Industrial Average was little changed. Investors also kept an eye on a looming tariff deadline, with President Donald Trump threatening to impose duties on Canada and Mexico.

Published on: January 31, 2025, 04:02 PM UTC

Chicago Fed's Goolsbee: Inflation data eases concerns, but tariffs a worry

Published on: January 31, 2025, 04:00 PM UTC

US stocks rose on Friday after solid earnings from Apple and as the Federal Reserve's preferred inflation gauge matched expectations. Investors also braced for a looming tariff deadline. The tech-heavy Nasdaq Composite climbed 1.2%, while the S&P 500 and Dow Jones Industrial Average gained moderately, coming off on Thursday's gains.

Published on: January 31, 2025, 03:04 PM UTC

Walgreens Boots Alliance Inc. suspends dividend after 92 years to conserve cash and revive the business. Shares dropped 15% on the news.

Published on: January 31, 2025, 03:04 PM UTC

Commerzbank announces share buyback and dividend increase as CEO Orlopp defends against potential UniCredit takeover.

Published on: January 31, 2025, 03:04 PM UTC

Elon Musk promete robotaxi Tesla "trong tự nhiên" vào mùa hè này. Các nhà đầu tư hoài nghi khi Musk đã đưa ra nhiều lời hứa lớn trong quá khứ mà không giữ lời. Tesla đang tụt hậu so với Waymo về robotaxi và phải đối mặt với những thách thức về quy định và chấp nhận của công chúng. Musk đang vận động chính phủ Trump nới lỏng quy định để đẩy nhanh sự phát triển của xe tự lái. Các nhà phân tích không còn tin vào thời gian dự kiến ra mắt của Musk và tin rằng Tesla đang chuyển đổi thành một công ty AI và robot.

Published on: January 31, 2025, 03:03 PM UTC

The Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) index, rose 0.2% in December, meeting expectations and remaining above the Fed's 2% target.

Published on: January 31, 2025, 03:02 PM UTC