Tag: mobile

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GM Stock Sinks on Policy Uncertainty, Lack of Buybacks

Shares of General Motors (GM) fell 9% after the company's earnings report, due to concerns about tariffs, lack of new share buyback announcements, and other factors.

Mexico's Central Bank Flags Bigger Rate Cuts Amid Easing Inflation

Mexico's central bank could make larger cuts to the benchmark interest rate at the year's first monetary policy meetings due to slowing inflation.

Retailers Brace for Trump Tariffs

Tariffs, including a potential 25% levy on China, could hurt retailers like Ralph Lauren, which sources some products from the country. Still, the company says it can manage the impact and has diversified its sourcing options. Apparel company stocks have generally risen despite tariff concerns.

Trump's Return: Stocks Rise Amid Promise of Tariffs and Trade Actions

US stocks climbed on Tuesday, with the Dow Jones Industrial Average (^DJI) soaring above 44,000 and the NASDAQ Composite (^IXIC) climbing over 0.6% amid speculation over President Donald Trump's first policy moves, including promised tariffs against Mexico and Canada. Netflix reported impressive earnings with high subscriber growth, while Apple's stock dipped due to concerns about weak iPhone sales and lack of interest in AI among consumers. The US dollar weakened due to Trump's avoidance of broad-based tariffs, while Tesla's stock dropped after the president ended an electric vehicle mandate. Investors eagerly anticipate the next batch of quarterly earnings and closely monitor Trump's actions as he returns to the Oval Office.

EMFX Gains as Trump Speech Lacks Specifics, Mexico Weighs Impact

Emerging market currencies and stocks rise after Trump's inauguration, but investors await more details on trade policies and immigration plans.

U.S. Finalizes $996 Million Loan for Ioneer Lithium Mine

$996 Million Loan Approved for Ioneer's Rhyolite Ridge Lithium Project to Boost Domestic Production and Biden's Green Legacy