Tag: programming

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US Stocks Falter on Earnings Disappointment, Treasury Yield Rise

US index futures fluctuated Thursday as concerns about US stock valuations resurfaced amid disappointing corporate earnings, while 10-year Treasury yields ticked higher after an interview with Treasury Secretary Scott Bessent.

Volvo Won't Pay for Northvolt Stake in Battery Venture

Volvo Cars acquires 50% stake in battery venture Novo Energy from Northvolt for no upfront payment.

Honeywell Prepares to Split Into 3 Companies: WSJ

Honeywell International (HON) is reportedly preparing to split into three independent companies, including an aerospace division, automation business, and advanced materials arm.

China tariffs to weigh on US oil, gas shipments

Oil traders seek waivers on US crude, LNG tariffs, threatening flows to China

Germany's Election: How Parties Plan to Shape Finance

German election: How parties plan to shape finance industry

Musk v. OpenAI: Court Battle Over the Future of AI Heats Up

Elon Musk and OpenAI CEO Sam Altman's legal battle over the future of AI company OpenAI could last until 2027. Musk claims OpenAI breached its nonprofit mission in pursuit of profits, while OpenAI denies the allegations. Microsoft, as an investor in OpenAI, is named as a defendant along with LinkedIn founder Reed Hoffman and Microsoft executive Deanna Templeton. The outcome of the lawsuit will shape the development of AI and the roles of Musk and Altman in the industry.

Earnings, Trade Calm Boost Stocks; BOE Decision Due

Stocks rise as earnings season kicks off, with Treasury yields declining and boosting investor sentiment. The Stoxx Europe 600 reaches a record high, while Asian shares and US futures edge higher. Investors focus on interest rates, economic growth, and corporate earnings. Key events include the Bank of England's rate decision, US jobless claims data, and the highly anticipated nonfarm payrolls report.

ArcelorMittal to Build Advanced Steel Plant in Alabama

ArcelorMittal is investing $900 million in a new electric steel mill in Calvert, Alabama, in response to the booming automotive industry in the United States.

German Election: How the Contenders Plan to Reshape Finance

German election highlights financial policies of leading parties, including plans for financial market union, venture capital incentives, bitcoin deregulation, a wealth tax, and the future of cash.

Volvo Reports Lower Profits, Predicts Challenging 2023

Volvo Cars reports a decline in operating profit in Q4 and predicts a challenging 2025 with market uncertainty and competition, while reiterating its core operating profit margin target of 7–8%.