Tag: programming

Three Resilient Internet Stocks: Uber, Lyft, and DoorDash

Published on: February 07, 2025, 05:00 AM UTC

The yen continues to strengthen, poised for its fourth consecutive weekly gain against the dollar as Japan's hawkish policy signals and positive economic data fuel speculation of additional interest rate hikes by the Bank of Japan.

Published on: February 07, 2025, 04:01 AM UTC

Japan should monitor spillover risks from global volatility and remain vigilant about fallout from BOJ rate hikes, IMF says.

Published on: February 07, 2025, 03:02 AM UTC

US stocks saw mixed performances on Thursday, as investors awaited Amazon's quarterly results amidst an earnings season marked by company warnings and concerns over AI demand. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 and tech-heavy Nasdaq Composite rose 0.3% and 0.5%, respectively. Investors eagerly anticipated Amazon's earnings report, following disappointing cloud sales from Alphabet. Treasury Secretary Scott Bessent eased pressure on the Federal Reserve, indicating Trump's desire to lower 10-year Treasury yields rather than push for lower interest rates. Jobless claims rose slightly to 219,000, ahead of the monthly jobs report on Friday, which will provide insights for Fed decision-making. Tech-related results are also being scrutinized for signals about AI demand strength.

Published on: February 07, 2025, 03:02 AM UTC

Japan must improve its fiscal health due to the risks of natural disasters and increasing social security costs, the IMF warns. The IMF recommends Japan find ways to accommodate fiscal spending needs without increasing deficits. Japan has the largest public debt burden among developed nations, and its debt servicing costs are projected to jump 25% by fiscal year 2028.

Published on: February 07, 2025, 03:00 AM UTC

Japan should monitor the impact of rising foreign market volatility and the Bank of Japan's interest rate hikes on its financial system, the IMF says.

Published on: February 07, 2025, 02:00 AM UTC

Microchip Technology (MCHP) missed Q4 revenue and EPS estimates, with weak revenue guidance for Q1. Inventory days rose to 266, indicating weak demand. Revenue declined 41.9% YoY to $1.03B, and analysts expect flat growth over the next 12 months. Explore our full research report to assess Microchip Technology's investment potential.

Published on: February 06, 2025, 11:07 PM UTC

US stocks traded mixed on Thursday as investors awaited Amazon's quarterly results, assessed the earnings season, and monitored President Trump's policy changes. The Dow Jones Industrial Average fell slightly, while the S&P 500 and Nasdaq Composite gained moderately, supported by tech and chip-related earnings. Investors were scrutinizing AI demand signals and incoming earnings for any company warnings, while Treasury Secretary Scott Bessent eased pressure on the Federal Reserve by suggesting Trump's aim to lower 10-year Treasury yields rather than push for lower interest rates. Amid inflation concerns, jobless claims rose slightly, providing clues for Fed decision-making. The earnings season continued with Amazon reporting mixed results, revealing challenges in the cloud segment, while Nvidia stock surged. Ford's muted guidance led to a decline in its shares, while Apple supplier Skyworks faced concerns over a competitor impact. Tariff threats on lumber raised concerns for builders' margins, while a prolonged job search period for Americans added to the labor market challenges. Shares of Salesforce and Honeywell declined due to management changes and a three-way split announcement, respectively. Arm and Qualcomm stocks fell as investors questioned the pace of AI-driven demand for their chips, while Tesla's stock extended losses amid concerns about CEO Elon Musk's political involvement. Peloton's strong sales results lifted its stock, while Honeywell's split into three companies weighed on its share price. The European markets also saw gains, with the FTSE 100 rising after the Bank of England's interest rate cut.

Published on: February 06, 2025, 11:02 PM UTC

Elon Musk faces increasing opposition as head of Trump's efficiency commission, with a decline in support among Republicans and Democrats expressing strong dislike. Internal disputes with Steve Bannon add to the controversy surrounding Musk's influence and the potential legal and constitutional implications of his actions.

Published on: February 06, 2025, 11:01 PM UTC

Looking to make the most of your $100,000 salary? Learn how to create a budget that works for you, with tips on major spending categories, essential expenses, and saving for the future.

Published on: February 06, 2025, 11:00 PM UTC