Posts with tag: review
Super Micro Computer stock soars in premarket trading after the company announces it expects to submit delayed filings to the SEC by the Nasdaq's Feb. 25 deadline to avoid delisting.
Published on: February 12, 2025, 11:01 AM UTC
US stocks rebounded on Monday as investors shrugged off President Trump's latest tariff threats. The Dow Jones Industrial Average (^DJI) gained nearly 0.4%, the S&P 500 (^GSPC) rallied about 0.6%, and the Nasdaq Composite (^IXIC) surged about 1%. Despite Trump's announcement that he would impose a 25% tariff on all steel and aluminum imports into the US, markets brushed off the threats. Energy stocks outperformed as oil prices rebounded from a three-week decline, while tech stocks also saw gains. Gold surged past $2,900 per ounce as investors sought safe-haven assets amid the tariff concerns.
Published on: February 11, 2025, 12:03 PM UTC
Elon Musk's takeover of Twitter and the federal government has sparked concerns about chaos, cuts, lawsuits, and a "woke" agenda. Musk's slash-and-burn strategy, from layoffs to office equipment auctions, has raised questions about his priorities and the impact on finances and operations.
Published on: February 07, 2025, 04:00 PM UTC
Trump's trade war blurs lines between Hong Kong and Beijing, threatening the city's status as a global financial hub. Economists minimize the direct economic impact of tariffs on Hong Kong-made goods, but companies face heightened geopolitical risks. The US refusal to distinguish between Hong Kong and mainland China undermines its unique identity and role as an international connector.
Published on: February 07, 2025, 07:00 AM UTC
Alphabet (GOOGL) shares tank after Q4 revenue miss, cloud growth deceleration; analysts weigh in with mixed reactions.
Published on: February 05, 2025, 11:04 AM UTC
Hapag-Lloyd, the fifth-largest container company, says it can handle US tariffs on Chinese products and expects shipping volumes to grow in 2025.
Published on: February 05, 2025, 11:00 AM UTC
Trump's tariffs on Canada, Mexico, and China roil global markets, sending stocks and currencies tumbling. Investors fear higher inflation and slower interest rate cuts from the Federal Reserve.
Published on: February 03, 2025, 11:00 PM UTC
The latest reading of the Fed's preferred inflation gauge showed prices increased in line with expectations in December as inflation remained above the Fed's 2% target.
Published on: January 31, 2025, 08:03 PM UTC
STMicroelectronics, part-owned by France and Italy, considers cutting up to 6% of its workforce or 3,000 workers in French and Italian plants as part of a restructuring program.
Published on: January 31, 2025, 02:07 PM UTC
U.S. consumer spending and prices increased in December, indicating the Federal Reserve may delay cutting interest rates this year.
Published on: January 31, 2025, 02:00 PM UTC