Tag: marketing

US stocks fell Monday due to the Trump administration's planned tariff rollout against Canada and China, although the major averages reduced heavier losses after President Donald Trump stated that the US would delay duties on Mexican imports for a month. The tech-heavy Nasdaq Composite (^IXIC) closed down 1.2%, recouping some of its earlier losses. The S&P 500 (^GSPC) fell by around 0.7%, and the Dow Jones Industrial Average (^DJI) fell by 0.3%. Consumer discretionary (XLY) stocks, which include automakers, were hit by concerns about tariff impacts. Tech (XLK) also lagged as shares of AI chip behemoth Nvidia (NVDA), iPhone maker Apple (AAPL), and electric vehicle manufacturer Tesla (TSLA) all fell by more than 2.5%.

Published on: February 04, 2025, 07:03 AM UTC

China and the US escalate trade tensions with mutual tariffs, causing a decline in the offshore yuan and other Asia-Pacific currencies.

Published on: February 04, 2025, 06:02 AM UTC

Trump's 10% tariffs on Chinese goods, including electronics, take effect Tuesday, putting pressure on tech industry giants like Apple, Nvidia, and Intel. The tariffs may lead to higher prices for consumers and businesses, and the risk of further tariffs on chips could exacerbate the impact.

Published on: February 03, 2025, 11:02 PM UTC

Target sued over alleged concealment of ESG-related backlash, leading to customer defections and stock price drop. Suit seeks damages for shareholders from Aug. 2022 to Nov. 2024.

Published on: February 03, 2025, 11:00 PM UTC

NXP Semiconductors forecasts a 10% revenue decline in Q1 due to sluggish demand for industrial and automotive chips, despite analysts' estimates of $2.92 billion.

Published on: February 03, 2025, 10:04 PM UTC

President Trump backs Fed's decision to hold interest rates steady; new tariffs could affect inflation and Fed's rate plans.

Published on: February 03, 2025, 07:03 PM UTC

Electrical safety company Atkore (ATKR) reports Q4 earnings tomorrow. Analysts expect revenue to decline 15.4% YoY to $675.7 million, with adjusted EPS of $1.55. Read our full analysis for insights.

Published on: February 03, 2025, 02:10 PM UTC

Cable news and media network Fox (NASDAQ:FOXA) reports earnings before market hours tomorrow. Analysts expect revenue to grow 14.2% year over year to $4.83 billion and adjusted earnings to come in at $0.64 per share.

Published on: February 03, 2025, 02:09 PM UTC

Graphic Packaging Holding (GPK) reports Q4 earnings tomorrow before market open. Analysts expect revenue to decline 4.4% YoY to $2.15B, with adjusted EPS of $0.63. Analysts' estimates have stayed consistent over the last 30 days. Peers International Paper posted flat revenue, while Packaging Corporation of America reported a 10.7% increase. Graphic Packaging Holding is up 3.8% over the last month and has an average analyst price target of $32.54.

Published on: February 03, 2025, 02:08 PM UTC

PepsiCo (PEP) Q4 Earnings Report Preview: Analysts expect flat revenue and adjusted earnings of $1.94 per share. Peers Altria and Tilray reported mixed results. PepsiCo has missed revenue estimates 4 times in the past 2 years. Read our full analysis for more.

Published on: February 03, 2025, 02:07 PM UTC