Tag: nature

Stocks rebounded after Trump suspended tariffs on Mexico, but experts warn that the market may be too optimistic about how his tariff agenda will unfold. Investors are advised to proceed with caution and consider the downside risks to sectors like tech and consumer electronics.

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

US stock futures climbed as Trump agreed to delay tariffs on Canada and Mexico by 30 days. Nasdaq 100 futures rose 0.7%, while S&P 500 futures gained 0.5% and Dow futures inched up 0.3%. Gold rose toward a record high as Trump's tariff threats and delays boost demand for a stable asset.

Published on: February 04, 2025, 06:01 AM UTC

Spotify (SPOT) is set to report its fiscal fourth quarter earnings before the bell on Tuesday. Wall Street expects another strong quarter of subscriber gains, with revenue projected to hit 4.16 billion euros and adjusted earnings per share of 1.89 euros. The company is also expected to announce a new multiyear distribution agreement with Universal Music Group.

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

US stocks declined Monday in response to the Trump administration's scheduled tariff implementation against Canada and China, although the major averages reversed larger losses after President Donald Trump stated that the US would postpone duties on Mexican imports for a month. The Nasdaq Composite (^IXIC), which is heavily weighted toward technology, lost 1.2% after recovering a portion of its earlier losses. The S&P 500 (^GSPC) fell roughly 0.7%, while the Dow Jones Industrial Average (^DJI) fell 0.3%. Consumer discretionary (XLY) stocks, which include automakers, were impacted by concerns about tariff effects. AI chip giant Nvidia (NVDA), iPhone maker Apple (AAPL), and electric vehicle manufacturer Tesla (TSLA) all saw losses of more than 2.5% in the technology sector (XLK).

Published on: February 04, 2025, 12:02 AM UTC

Trump's tariffs on Canada could cost American households $690 each, shrinking the US economy by $875 billion. The tariffs would raise prices on a wide range of products, including natural gas, lumber, milk, and cars.

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

Trump's tariffs on Chinese goods, including electronics, take effect, potentially impacting tech industry giants like Apple, Nvidia, AMD, and Intel.

Published on: February 03, 2025, 10:00 PM UTC

AMD Reports Q4 Earnings Amidst Tariffs and DeepSeek Competition

Published on: February 03, 2025, 07:01 PM UTC

Auto stocks dipped Monday as Trump tariffs targeting Canada, Mexico hit automakers Ford, GM, and Tesla; auto parts expected to see higher costs.

Published on: February 03, 2025, 07:01 PM UTC

CFPB Refuses to Defend Biden-Era Rules After Director Firing

Published on: February 03, 2025, 06:01 PM UTC

Trump's tariffs face resistance from Wall Street, Capitol Hill, and legal experts. However, reversing his decision may prove challenging due to executive authority and protracted legal and political battles. Canada and Mexico are attempting to avert the duties, while China vows to file a WTO lawsuit. Market volatility remains a potential factor, but Trump has downplayed its significance.

Published on: February 03, 2025, 05:03 PM UTC