Tag: music

Nintendo profits fall 42% as Switch sales lose momentum; full-year forecasts lowered; Switch 2 successor coming later this year.

Published on: February 04, 2025, 10:00 AM UTC

Alphabet and Meta, tech giants, report earnings this week. Investors will look for updates on AI investments and the digital ad market. Alphabet is expected to report revenue of $96.6 billion and EPS of $2.13. Meta beat expectations last week but declined to provide guidance. DeepSeek's AI models have raised questions about Silicon Valley's AI spending. Google Cloud growth is important as Alphabet competes with Amazon and Microsoft. Regulatory risks and Trump's policies are also on investors' minds.

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

Trump's tariffs on Chinese goods, including electronics, take effect Tuesday, potentially raising consumer and enterprise product prices and impacting the tech industry. Apple faces significant risks due to its manufacturing base in China, while chip companies may see further pressure if additional tariffs are imposed.

Published on: February 04, 2025, 05:00 AM UTC

President Trump has agreed to delay tariffs on Canada and Mexico for a month after both countries agreed to new measures to combat migration and drug trafficking at the border.

Published on: February 04, 2025, 02:01 AM UTC

Spotify is set to report its fourth quarter earnings on Tuesday, with analysts expecting continued strong growth in subscribers and revenue. The company recently made a deal with Universal Music Group and has been expanding its offerings to include audiobooks and podcasts. Wall Street analysts have a median price target of $517 for Spotify shares, with 29 Buy ratings, nine Holds, and three Sells.

Published on: February 03, 2025, 11:01 PM UTC

Trump's tariffs on Canada, Mexico, and China roil global markets, sending stocks and currencies tumbling. Investors fear higher inflation and slower interest rate cuts from the Federal Reserve.

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

New Trump administration takes aim at mergers by suing to block Hewlett Packard from acquiring Juniper Networks. DOJ says it would lessen competition in the enterprise wireless networking market.

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

China's factory activity grows at a slower pace in January due to increased trade uncertainty, according to a private-sector business survey.

Published on: February 03, 2025, 06:02 AM UTC

Oil surges as Trump imposes hefty tariffs on imports from Canada, Mexico, and China, potentially leading to higher consumer costs and disruption in global trade.

Published on: February 03, 2025, 01:01 AM UTC

Medical device company ResMed (NYSE:RMD) beat revenue and EPS estimates for Q4, posting $1.28 billion in revenue and $2.43 in non-GAAP EPS. Despite strong growth in sleep and breathing health products, the stock dropped. Read the full research report for analysis of ResMed's financials and market outlook.

Published on: January 31, 2025, 09:00 PM UTC