Posts with tag: loops
Vanguard Poised to Overtake State Street's SPDR S&P 500 ETF as World's Largest
Published on: February 18, 2025, 09:00 PM UTC
Japanese cosmetics giant Shiseido saw a 73% plunge in annual profit due to sluggish sales in China, indicating decreased consumer confidence in the country's cosmetics market.
Published on: February 10, 2025, 07:00 AM UTC
Viavi Solutions Inc. (VIAV) reported a fiscal second-quarter profit of $9.1 million, or 4 cents per share. Adjusted earnings were 13 cents per share, exceeding Wall Street expectations. Revenue was $270.8 million, also topping forecasts.
Published on: January 30, 2025, 10:09 PM UTC
China's DeepSeek AI raises AI spending concerns, leading to a sell-off in tech stocks, with Nasdaq down over 3%, S&P 500 down nearly 1.5%, and Nvidia dropping a record $589 billion in market value. Investors flock to defensive sectors, with Dow Jones gaining over 0.6%. Apple, Meta, and Salesforce buck the tech rout, while chipmakers ASML, Broadcom, and Micron Technology lose ground. Federal Reserve's first policy meeting of 2025 and big tech earnings kickoff this week, with focus on guidance for future profit amid DeepSeek's impact on revenue prospects.
Published on: January 28, 2025, 07:02 AM UTC