Tag: programming

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Chinese Tariffs Shut Exemption, Hitting Online Shoppers

Trump's 10% tariff on Chinese goods, including inexpensive fashion, could cost consumers $11.4 billion annually, primarily impacting low-income and minority households.

US Stocks Post Gains Amid Trade War Fears and Jobs Data

US stocks rose on Tuesday, led by Big Tech companies, as investors assessed China's immediate retaliation to President Trump's additional tariffs and the potential risks of a trade war. Traders also considered new jobs data, which showed a larger-than-expected decline in job openings in December. Investors continue to watch for signs of a cooling labor market as the Federal Reserve considers future interest rate cuts amid persistent inflation.

Snap Benefits from TikTok's Uncertain Future

Snap reports positive impacts from TikTok uncertainty, with user growth and revenue increase. Spotlight, Snapchat's TikTok alternative, attracts creators. Public content growth on Snapchat reaches 1 billion monthly posts.

Google Falls Short on Cloud Revenue Despite Earnings Beat

Google parent Alphabet beats on earnings but falls short on cloud revenue; stock dips in after-hours trading.

Norwegian Line Holdings inks $9.34 bln order with Fincantieri for four cruise ships

Norwegian Line Holdings orders four cruise ships from Fincantieri for an estimated €9 billion, marking the largest order in the Italian shipbuilder's history.

Xiaomi's Luxury Electric Car SU7 Ultra to Launch, Targets 10,000 Sales This Year

Xiaomi to launch luxury version of SU7 electric vehicle with 10,000 unit sales target for 2023, according to founder Lei Jun.

Chinese AI models gain traction, marking 'watershed moment'

Chinese companies rally to support DeepSeek's AI models, marking a "watershed moment" for the industry as domestic chips prove capable of running competitive large language models.

India's Earnings Slowdown Raises Concerns for $4.1 Trillion Stock Market

India's stock market faces challenges amid slowing corporate earnings, economic slowdown, and global uncertainty. Citigroup and HSBC cut profit forecasts, while NSE Nifty 50 earnings growth is expected to be below 5%, the slowest since the pandemic. Weak results from Adani Enterprises, Tata Motors, and others have led to market declines and raised concerns about the impact of recent tax cuts.

US Stock Futures Slip as Trade Tensions Escalate, Earnings Reports Disappoint

US stock futures fell as the US-China trade war escalated, with major indices dipping. Alphabet, AMD, and Chipotle saw declines after earnings reports, while investors await Disney's results. Asian markets reacted to trade tensions, with China's CSI 300 initially rallying but then falling, while Japan's Nikkei slipped.

Asian markets react to US-China tariffs

Asian stocks were mixed as markets assessed the impact of US-China tariffs. Japan's Nikkei slipped, while Australia's S&P/ASX rose, and China's Shanghai Composite lost ground.