Tag: social media

Rising US-China trade tensions will affect prices for Apple, Nvidia, and Intel. Trump has imposed 10% tariffs on Chinese goods, including electronics, and threatened additional tariffs on chips. Tech companies may have to raise product prices or absorb the costs, which would impact earnings. Apple may need to shift manufacturing outside China to avoid the impact of tariffs, while chipmakers could face higher costs and reduced demand.

Published on: February 04, 2025, 01:02 PM UTC

Spotify Beats Revenue Estimates, Reports First Full-Year Profit; Shares Jump 8%

Published on: February 04, 2025, 12:05 PM UTC

Spotify (SPOT) reports Q4 earnings Tuesday, with analysts expecting continued subscriber growth, margin expansion, and insights into a new deal with Universal Music Group.

Published on: February 04, 2025, 11:02 AM UTC

Nokia and AT&T sign multi-year deal for 5G network upgrade and cloud-based applications.

Published on: February 04, 2025, 09:04 AM UTC

US President Donald Trump plans to talk with China, potentially delaying a 10% tariff after postponing levies on Canada and Mexico. The talks are expected to cover China's fentanyl exports and TikTok ownership.

Published on: February 04, 2025, 07:05 AM UTC

US stocks fell Monday due to the Trump administration's planned tariff rollout against Canada and China, although the major averages reduced heavier losses after President Donald Trump stated that the US would delay duties on Mexican imports for a month. The tech-heavy Nasdaq Composite (^IXIC) closed down 1.2%, recouping some of its earlier losses. The S&P 500 (^GSPC) fell by around 0.7%, and the Dow Jones Industrial Average (^DJI) fell by 0.3%. Consumer discretionary (XLY) stocks, which include automakers, were hit by concerns about tariff impacts. Tech (XLK) also lagged as shares of AI chip behemoth Nvidia (NVDA), iPhone maker Apple (AAPL), and electric vehicle manufacturer Tesla (TSLA) all fell by more than 2.5%.

Published on: February 04, 2025, 07:03 AM UTC

Automaker stocks slid on Monday as President Trump imposed tariffs on Canada and Mexico. GM, Ford, and Toyota were among those affected, with parts from those regions used in cars.

Published on: February 04, 2025, 06:02 AM UTC

Economists warn that President Trump’s tariffs will increase prices of food, energy, and other products, as well as interest rates and punitive retaliatory measures. While Trump believes higher costs today will bring a more prosperous U.S. economy tomorrow, many economists disagree. The biggest economic problem lies with the $36 trillion national debt.

Published on: February 04, 2025, 06:01 AM UTC

Questor's latest stock picks: AG Barr and Hargreaves Services. AG Barr sees rising sales, expanding profit margins and strong cash flow, while Hargreaves Services benefits from infrastructure projects. Despite valuations near highs, AG Barr's earnings momentum and Hargreaves Services' dividend yield make them worth considering.

Published on: February 04, 2025, 06:00 AM UTC

Spotify (SPOT) to report Q4 earnings, revenue seen rising to €4.16B, adj. EPS at €1.89, MAUs at 665M, Premium subs at 260M

Published on: February 04, 2025, 12:01 AM UTC