Tag: marketing

Netflix stock surged after reporting a massive jump in subscribers, beating estimates for revenue and earnings. The streaming giant added 18.9 million users in Q4, announced a $15 billion stock buyback, and raised its full-year revenue outlook. The company also confirmed price increases for its ad-supported and ad-free plans.

Published on: January 21, 2025, 11:00 PM UTC

Hancock Whitney Corporation (HWC) reported fourth-quarter profit of $122.1 million, surpassing Wall Street expectations. The bank posted revenue of $505.5 million, also exceeding forecasts. For the year, the company reported profit of $460.8 million, or $5.28 per share. Revenue was reported as $1.45 billion.

Published on: January 21, 2025, 10:06 PM UTC

Porsche confirms 2024 earnings outlook, expects 2025 to remain challenging. Sales volume expected to decline this year due to Macan and 718 withdrawal from EU and potential supply chain issues for 911. Porsche is reducing its footprint in China.

Published on: January 21, 2025, 09:03 PM UTC

US markets closed higher on Tuesday, led by the Dow Jones Industrial Average, as investors responded to President Donald Trump's first policy moves. The Dow rose 500 points, the S&P 500 gained 0.9%, and the Nasdaq Composite climbed 0.6%. Market sentiment was lifted by Trump's decision not to impose tariffs on Mexico and Canada on his first day in office. However, the market shifted after Trump later indicated that he was considering 25% tariffs on those countries starting Feb. 1. The 10-year Treasury yield fell 4 basis points to 4.57%. The upcoming batch of quarterly earnings is expected to provide more direction.

Published on: January 21, 2025, 09:02 PM UTC

The US dollar remained near recent lows on Tuesday as investors assessed President Trump's latest tariff talk. The greenback initially fell after Trump refrained from enacting broad-based tariffs on his first day in office, but regained some ground after he later suggested levies on Mexico and Canada could come soon. Analysts say the dollar is sensitive to the tariff outlook, and that Trump's back-and-forth rhetoric warrants vigilance.

Published on: January 21, 2025, 07:01 PM UTC

Charles Schwab Corp. reported fourth-quarter revenue that exceeded Wall Street estimates, driven by record inflows to its retail brokerage. Full-year revenue growth was 4%, surpassing guidance, and the firm expects revenue to increase by 13% to 15% this year. Schwab plans to continue building on its momentum and diversify its customer base in 2025.

Published on: January 21, 2025, 04:01 PM UTC

Newly reinstated President Donald Trump signed a wave of executive orders on his first day in office, including ones focused on energy, trade, and immigration. He invoked a national energy emergency, withdrew from the Paris Climate Accords, and penned a regulatory freeze. Trump outlined his trade vision, reiterated his support for tariffs, and said he is considering imposing duties on Mexico and Canada. He also signed orders on immigration, TikTok, and the federal workforce.

Published on: January 21, 2025, 01:03 PM UTC

Oil and base metals retreat as renewed trade war fears roil markets, while gold rallies on safe-haven appeal.

Published on: January 21, 2025, 12:03 PM UTC

Donald Trump's first day back in office saw no major action on tariffs, but he indicated that new duties on Mexico and Canada are coming, possibly as high as 25%. TikTok and China tariffs remain on the table, and Trump has signed an order establishing an 'America First Trade Policy.' Market reactions were mixed, with S&P 500 futures rising while the US dollar index spiked.

Published on: January 21, 2025, 07:00 AM UTC

South African central bank warns US protectionism may stop interest rate cuts if they turn out to be inflationary

Published on: January 21, 2025, 07:00 AM UTC