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Monday.com beats Q4 earnings expectations with $1.08 EPS on $268M revenue, exceeding analyst estimates and posting a $274-276M revenue forecast for Q1 2023.

Published on: February 10, 2025, 01:06 PM UTC

The Magnificent Seven ETF (MAGS) fell 2.4% last week due to concerns over lackluster guidance and plans for record capital investment. However, experts believe the development of DeepSeek should be viewed as a catalyst for the AI industry, not a headwind. As AI models like DeepSeek's R1 significantly increase compute demand, the need for high-speed networking solutions will only grow, benefiting AI network stocks like Ciena, Coherent, Celestica, and Arista Networks.

Published on: February 10, 2025, 01:01 AM UTC

China's National Development and Reform Commission announces plans to scale back subsidies for renewable energy projects, including solar and wind power installations, after a surge in capacity.

Published on: February 09, 2025, 08:00 AM UTC

General Motors and Jack Cooper's partnership is in jeopardy after GM stopped providing Jack Cooper with vehicles to transport due to a contract breach.

Published on: February 08, 2025, 06:00 PM UTC

Meta, Microsoft, Amazon, and Alphabet plan to invest $325 billion in AI infrastructure by 2025, driven by ongoing commitments to AI investment despite concerns over timelines and revenue generation.

Published on: February 07, 2025, 09:02 PM UTC

US stocks fell on Friday after a report showed consumer inflation expectations rose and job growth was slower than expected, erasing earlier gains.

Published on: February 07, 2025, 04:01 PM UTC

Affirm shares surged 16% premarket after the buy now, pay later lender reported a surprise quarterly profit and forecast upbeat annual revenue.

Published on: February 07, 2025, 01:01 PM UTC

The U.S. Department of Labor's closely watched January employment report is expected to show a slowdown in job growth, partly due to wildfires in California and cold weather. Despite the expected decline, the unemployment rate is forecast to remain low at 4.1%, with solid wage growth. The report will also include annual benchmark revisions, new population weights, and updates to seasonal adjustment factors.

Published on: February 07, 2025, 08:02 AM UTC

Japan must improve its fiscal health due to the risks of natural disasters and increasing social security costs, the IMF warns. The IMF recommends Japan find ways to accommodate fiscal spending needs without increasing deficits. Japan has the largest public debt burden among developed nations, and its debt servicing costs are projected to jump 25% by fiscal year 2028.

Published on: February 07, 2025, 03:00 AM UTC

US stocks traded mixed on Thursday as investors awaited Amazon's quarterly results, assessed the earnings season, and monitored President Trump's policy changes. The Dow Jones Industrial Average fell slightly, while the S&P 500 and Nasdaq Composite gained moderately, supported by tech and chip-related earnings. Investors were scrutinizing AI demand signals and incoming earnings for any company warnings, while Treasury Secretary Scott Bessent eased pressure on the Federal Reserve by suggesting Trump's aim to lower 10-year Treasury yields rather than push for lower interest rates. Amid inflation concerns, jobless claims rose slightly, providing clues for Fed decision-making. The earnings season continued with Amazon reporting mixed results, revealing challenges in the cloud segment, while Nvidia stock surged. Ford's muted guidance led to a decline in its shares, while Apple supplier Skyworks faced concerns over a competitor impact. Tariff threats on lumber raised concerns for builders' margins, while a prolonged job search period for Americans added to the labor market challenges. Shares of Salesforce and Honeywell declined due to management changes and a three-way split announcement, respectively. Arm and Qualcomm stocks fell as investors questioned the pace of AI-driven demand for their chips, while Tesla's stock extended losses amid concerns about CEO Elon Musk's political involvement. Peloton's strong sales results lifted its stock, while Honeywell's split into three companies weighed on its share price. The European markets also saw gains, with the FTSE 100 rising after the Bank of England's interest rate cut.

Published on: February 06, 2025, 11:02 PM UTC