Tag: photography

US stocks mixed as China retaliates to Trump's tariffs, raising trade war concerns

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

US sanctions are yet to seriously impact Russian crude exports, but signs emerge that the restrictions are hindering the completion of shipments. Most notably, just two of 11 cargoes shipped from the Sakhalin Island oil and gas projects have discharged since the regulations took effect, with the remaining nine stalled or idling. Only one post-sanctions cargo has been transferred to another vessel, and while key Pacific grade ESPO continues to move, unsanctioned vessels are replacing those targeted by the US. Notably, the first tanker to load a post-sanctions cargo from the Arctic port of Murmansk is headed for India, despite the country's announcement that it will not accept cargoes on sanctioned vessels after a deadline later this month.

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

Stocks struggled for direction as traders weighed tariff concerns and a mixed bag of corporate earnings. The dollar weakened and bond yields rose.

Published on: February 04, 2025, 01:05 PM UTC

Energizer (NYSE: ENR) reported Q4 CY2024 revenue above expectations, with a 2.1% year-over-year increase to $731.7 million. Non-GAAP profit of $0.67 per share exceeded consensus estimates by 3.6%. Read our full research report for insights on ENR's performance and investment potential.

Published on: February 04, 2025, 01:05 PM UTC

Lancaster Colony Corporation (LANC) reported Q4 sales of $509.3 million, surpassing analyst estimates. Despite an 8.2% EPS decline, the company's sales volume grew 6% year-over-year. Lancaster Colony operates in the shelf-stable food industry, caters to retail and foodservice channels, and continues its sales growth. Find out if the company is a buy in our full research report.

Published on: February 04, 2025, 01:01 PM UTC

Regeneron Pharmaceuticals reported fourth-quarter net income of $917.7 million, beating Wall Street expectations. Adjusted earnings were $12.07 per share, revenue was $3.79 billion.

Published on: February 04, 2025, 12:05 PM UTC

Intel faces challenges in regaining past glory amid industry advancements, according to Bill Gates. Despite efforts to revamp under former CEO Gelsinger, the chipmaker faces competition from Taiwan Semiconductor and Samsung in the foundry business. Intel's financial performance has suffered, with a 55% stock decline in the past year, prompting analysts to suggest exiting the foundry business.

Published on: February 04, 2025, 12:04 PM UTC

US stocks fell Monday after the Trump administration's tariff rollout against Canada and China, but the major market losses were pared after President Donald Trump said the US would delay duties on Mexican imports for a month. The tech-heavy Nasdaq Composite (^IXIC) closed down 1.2%, recouping some of its earlier losses. Meanwhile, the S&P 500 (^GSPC) fell roughly 0.7%, and the Dow Jones Industrial Average (^DJI) fell 0.3%. Consumer discretionary (XLY) stocks, which includes automakers, were hit over fears of tariff impacts. Tech (XLK) also lagged as shares of AI chip giant Nvidia (NVDA), iPhone maker Apple (AAPL), and EV manufacturer Tesla (TSLA) all fell over 2.5%.

Published on: February 04, 2025, 12:03 PM UTC

Automaker stocks fell Monday after President Trump's tariffs on Canada and Mexico. GM, Ford, Stellantis, Toyota, and Honda all closed down at least 2%, while Tesla fell 5.2%. The tariffs could raise prices for US-built automobiles by $3,000, according to TD Economics.

Published on: February 04, 2025, 11:02 AM UTC

Job cuts are continuing into 2025, with companies like Meta, Microsoft, BlackRock, and Salesforce laying off employees. The reasons for these layoffs vary, but many companies are citing cost-cutting and technological changes as factors. Some companies are also announcing hiring plans in areas of growth, such as AI and data science.

Published on: February 04, 2025, 11:01 AM UTC