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The Surging Dollar: Impact on Corporate Earnings

The strong US dollar has been impacting corporate earnings, with companies like Apple, Amazon, Coca-Cola, and Johnson & Johnson reporting negative impacts due to unfavorable foreign-exchange conversions.

Gold's Gleaming Future: Goldman Sachs Raises End-of-Year Target to $3,100

Goldman Sachs raises its gold price target to $3,100, citing strong central bank demand and potential upside from Trump tariffs.

Capgemini's Sales Dip 2% in 2023, Outperforming Market Expectations

French IT consulting giant Capgemini reports a 2% decrease in annual sales, marginally better than market estimates. Revenue at €22.10 billion, exceeding expectations driven by improvements in key sectors. Dividend remains stable at €3.40 per share for 2024.

Market Futures Rise ahead of Earnings, Fed and Currency Concerns

US stock futures edge higher on earnings, Fed, strong dollar

Hong Kong and China Shares Rise on Expectations of Support for Private Companies

Asian stocks rose on optimism around China after a meeting between President Xi Jinping and business leaders raised hopes for support for private companies. Hong Kong and China stocks extended gains, while Australian stocks fell after the central bank cut rates.

Trump's Inflation Pledge Complicates Fed's Rate Cut Prospects

President Trump's push for lower interest rates faces challenges as January's CPI report shows persistent inflation. Experts warn of potential clashes with the Fed and negative economic consequences, including higher consumer prices and reduced growth.

Southwest Cuts 15% of Corporate Jobs in Restructuring Move

Southwest Airlines to Cut 1,750 Corporate Jobs, Targeting Senior Leadership

European Bonds Slip, Stocks Rise on Defense Spending Outlook

European bonds declined while defense stocks surged as the likelihood of increased military spending and government borrowing rises. German, French, and Italian bond prices fell, with some EU leaders meeting to prepare a defense spending package.

Conagra Cuts Profit, Margin Forecasts Again, Citing Supply, FX Headwinds

Conagra Brands cuts profit outlook again, citing supply issues and currency rates

La-Z-Boy Q4 Earnings Preview: What to Expect

Furniture company La-Z-Boy (NYSE:LZB) reports earnings tomorrow after market hours. Analysts expect revenue to grow 3.1% YoY to $515.8 million and adjusted earnings of $0.67 per share. Read our full analysis here.