Tag: math

U.S. homebuilder sentiment plunged five points to 42, the lowest reading since September, amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs.

Published on: February 18, 2025, 04:03 PM UTC

Japanese semiconductor supplier JX Advanced Metals Corp. plans to raise ¥460 billion ($3 billion) in Japan's biggest IPO since 2018, reflecting strong demand for chips and AI-related technologies.

Published on: February 14, 2025, 06:00 AM UTC

Commerzbank to cut 3,900 jobs, unveils new financial targets in strategy revamp

Published on: February 13, 2025, 07:05 AM UTC

Automotive retailer Lithia Motors (NYSE:LAD) is reporting earnings tomorrow before market hours. Analysts expect revenue to grow 17.6% year over year to $9.03 billion and adjusted earnings to come in at $7.20 per share.

Published on: February 11, 2025, 02:10 PM UTC

Despite looming tariffs, the stock market continues to trade near record highs. This is surprising considering tariffs could harm earnings, the most critical factor driving stock prices. However, investors may anticipate short-lived or less burdensome tariffs. Analysts warn that tariffs could decrease S&P 500 EPS by 2-3%, potentially impacting two-thirds of this year's EPS growth. Despite the threat of tariffs, earnings continue to perform well, with Q4 EPS growth exceeding expectations. As earnings remain the primary driver of stock prices, strong earnings could mitigate the negative effects of tariffs. Historically, earnings have contributed significantly to the S&P 500's total return, indicating their importance in determining stock prices. The labor market remains strong, with job growth and low unemployment. Wage growth is ticking up, while job openings are falling, suggesting a gradual cooling in the job market. Layoffs remain low, and hiring continues to exceed layoffs. Consumer sentiment has declined, but card spending data shows resilience. Gas prices are rising, while supply chain pressures remain loose. Business investment activity remains at record levels, and services and manufacturing surveys signal growth. Construction spending and mortgage rates are trending lower. Office occupancy is increasing, and GDP growth estimates remain positive. While the market is near all-time highs, the long-term outlook remains favorable as earnings growth is expected to continue. However, investors should stay vigilant and consider potential risks such as geopolitical turmoil, energy price volatility, and economic recessions.

Published on: February 10, 2025, 12:01 PM UTC

Global auto stocks slide on Trump tariffs targeting cars from Mexico, Canada

Published on: February 05, 2025, 10:01 AM UTC

Donald Trump's support for cryptocurrencies encourages financial institutions to expand into digital assets, with Charles Schwab playing a key role in custody. SEC rule changes and industry demand signal wider acceptance of crypto investments, pending further regulatory guidance. Banks consider offering crypto services as the regulatory landscape evolves.

Published on: February 03, 2025, 02:02 AM UTC

The Trump administration's trade policies remain uncertain with a self-imposed Feb. 1 deadline for tariffs on Canada, Mexico, and China. Economic observers and world leaders are closely monitoring the situation, with confusion and frustration expressed by leaders in Canada and Mexico. The potential impact on business decisions and the economy remains unclear, with economists predicting a possible recession if tariffs are implemented.

Published on: January 31, 2025, 01:02 AM UTC

NetScout Systems (NTCT) reported Q3 earnings of $0.94 per share, exceeding the estimate of $0.83. Revenue came in at $252 million, in line with expectations. The company expects full-year earnings in the range of $2.15 to $2.25 per share, with revenue in the range of $810 million to $820 million.

Published on: January 30, 2025, 01:05 PM UTC

Chinese startup DeepSeek's AI tech should be a "wakeup call" for U.S. companies, says President Trump.

Published on: January 28, 2025, 12:00 AM UTC