Posts with tag: social media
US stocks rise on Thursday as investors await Amazon earnings and digest corporate results. The Dow Jones Industrial Average and S&P 500 gain, while the Nasdaq Composite edges higher. Earnings from Ford, Peloton, Qualcomm, and Eli Lilly in focus. The Bank of England cuts interest rates, lifting European stocks.
Published on: February 06, 2025, 03:04 PM UTC
Spotify and Warner Music Group signed a new multi-year deal for recording and publishing music, expanding paid subscription tiers and introducing new content bundles.
Published on: February 06, 2025, 03:04 PM UTC
Initial jobless claims rise slightly, but labor market remains resilient with low layoffs.
Published on: February 06, 2025, 02:00 PM UTC
Hershey's Q4 2024 results topped estimates, with revenue up 8.7% and adjusted EPS up 13.3%. Key metrics like organic revenue growth and gross margin outperformed expectations, while sales volumes showed a turnaround. Hershey remains a resilient investment in the packaged food space, but further analysis is needed to determine its suitability as a buy.
Published on: February 06, 2025, 01:08 PM UTC
US stock index futures wavered as Qualcomm and Ford Motor Co. slumped in premarket trading after disappointing earnings. S&P 500 futures were little changed after erasing an early gain.
Published on: February 06, 2025, 01:07 PM UTC
President Trump's policies on tariffs, immigration, and foreign aid haven't addressed voters' concerns about inflation, living standards, and lost opportunities. Instead, he could focus on lowering food inflation, housing affordability, and addressing the insurance crisis.
Published on: February 06, 2025, 01:03 PM UTC
US stock futures were little changed on Thursday ahead of a rush of earnings, including Amazon, as investors eyed President Donald Trump's policy overhaul and the impact of tariffs on corporate earnings.
Published on: February 06, 2025, 01:01 PM UTC
Consumer healthcare company Kenvue's 2025 profit forecast falls below expectations due to a strong US dollar and weak demand for cold and cough products.
Published on: February 06, 2025, 12:00 PM UTC
Elon Musk's legal battle with OpenAI CEO Sam Altman has the potential to last into 2027, as a judge has ruled that a jury trial is likely. The dispute stems from Musk's claims that OpenAI violated its nonprofit mission by converting to a for-profit business. Altman has denied these allegations, calling them "false." The case also includes allegations of unfair competition and illegal board positions.
Published on: February 06, 2025, 11:01 AM UTC
US stocks rebounded on Wednesday following losses earlier in the day, with gains led by tech giants and interest rate-sensitive sectors. Despite disappointing earnings reports from Alphabet and AMD, investor sentiment was boosted by a surge in Nvidia shares. The benchmark S&P 500 rose 0.4%, while the tech-heavy Nasdaq Composite gained 0.2%. The Dow Jones Industrial Average closed up 0.7%. Investors also took note of the yield on the 10-year Treasury, which declined to its lowest level since December 2024. Amidst ongoing concerns about the impact of tariffs on the tech industry, market sentiment remains cautious as investors monitor developments in the US-China trade war.
Published on: February 06, 2025, 08:02 AM UTC