Posts with tag: landscape
Australian AI stocks plummet as DeepSeek's budget-friendly model threatens market leaders, leading to concerns over reduced infrastructure spending.
Published on: January 28, 2025, 01:00 AM UTC
Listen to the Living Not So Fabulously podcast to hear from former Biden administration adviser Jonathan Lovitz on the outlook for small business owners under the Trump administration. Lovitz believes that despite political uncertainty, small businesses remain crucial to the US economy and can continue to thrive with local support.
Published on: January 27, 2025, 09:01 PM UTC
Traders are finding protection from the global tech selloff in cheap VIX call options. The VIX, or Wall Street's fear gauge, jumped to over 22 Monday, as traders bought S&P 500 options to protect against further declines.
Published on: January 27, 2025, 04:05 PM UTC
The stock market rally took a pause near record highs, but remains on track for its strongest start to a presidential term since Ronald Reagan took office in 1985. The S&P 500 climbed about 2% this week, boosted by President Trump's pro-growth policies and softening stance on China tariffs. However, a rout in chipmakers weighed on trading Friday. Bonds rose amid data showing a drop in US consumer sentiment and a slight pullback in the growth pace of business activity. The yield on 10-year Treasuries declined two basis points to 4.62%. The dollar was set for its biggest weekly drop since July 2023. Cryptocurrency-linked firms rallied following Trump's executive order favoring the industry.
Published on: January 24, 2025, 07:00 PM UTC
President Trump signs executive order on cryptocurrency, establishing a presidential working group to coordinate regulation and evaluating the potential creation of a national digital asset stockpile.
Published on: January 24, 2025, 12:01 PM UTC
President Trump urged OPEC to lower oil prices to pressure Russia in Ukraine, but the move could harm US oil producers, who have benefited from higher prices in recent years.
Published on: January 24, 2025, 05:00 AM UTC
Trump Demands Lower Interest Rates, Raising Concerns About Fed's Independence
Published on: January 23, 2025, 11:04 PM UTC
US to ensure supply of LNG to Europe, says Trump
Published on: January 23, 2025, 05:00 PM UTC
Benioff says Microsoft's AI tools for business are "disappointing" and "just a repackaged ChatGPT," while his own AI bots are seeing strong adoption. Investors are bullish on AI agents, but some skeptics question whether Salesforce can monetize Agentforce effectively.
Published on: January 23, 2025, 11:03 AM UTC
Northfield Bancorp Inc. reported a profit of $11.3 million in Q4, with earnings of 21 cents per share. Annual profit was $29.9 million, or 72 cents per share. (Zacks)
Published on: January 23, 2025, 04:01 AM UTC