Posts with tag: research
U.S. equity funds attracted $5.58 billion in inflows for the week ending Jan. 29, driven by hopes of interest rate cuts and a rebound in tech stocks. Investors also purchased financials and industrials sector funds, as well as large-cap and small-cap equity funds. Debt funds saw inflows of $8.38 billion, while money market funds experienced net sales.
Published on: January 31, 2025, 12:06 PM UTC
Goldman Sachs warns that Trump's sanctions on Canadian imports could include oil, leading to higher Midwest gasoline prices and disruption in raw materials markets.
Published on: January 31, 2025, 07:00 AM UTC
JSR Corp., leading supplier of photoresists for semiconductors, says DeepSeek's AI model will boost demand for semiconductors.
Published on: January 31, 2025, 06:00 AM UTC
Apple's Q1 earnings beat estimates but missed on iPhone revenue, with Greater China sales falling short. Despite AI push and upcoming product releases, iPhone market share declined.
Published on: January 31, 2025, 12:01 AM UTC
Tokyo inflation accelerates, supporting BOJ's hawkish outlook. Consumer prices excluding fresh food rose 2.5% in January, a 11-month high, matching economists' estimates and indicating persistent inflationary pressures.
Published on: January 31, 2025, 12:00 AM UTC
OpenAI is reportedly in talks for a $40B funding led by SoftBank, at a $260B valuation.
Published on: January 30, 2025, 11:06 PM UTC
Amid higher mortgage rates, pending home sales dropped 5.5% in December, with a significant decline in expensive regions. Despite gains in cash transactions, the rate increase impacted affordability.
Published on: January 30, 2025, 11:03 PM UTC
Fed Holds Rates Steady; GDP, Inflation Data Expected to Bolster Wait-and-See Approach
Published on: January 30, 2025, 11:02 PM UTC
Meta Platforms and Tesla boost U.S. stocks after earnings reports. S&P 500 climbs 0.5%, Dow gains 0.4%, and Nasdaq adds 0.3%. Treasury yields dip after GDP report shows solid growth but slower than expected.
Published on: January 30, 2025, 10:08 PM UTC
The Bancorp Inc. reports Q4 net income of $55.9 million, or $1.15 per share, on revenue of $522.7 million. For the year, the company reported profit of $217.5 million, or $4.29 per share.
Published on: January 30, 2025, 10:05 PM UTC