Tag: social media

Trump reverses Biden's $2 generic drug list, signaling a shift in healthcare policy.

Published on: January 23, 2025, 10:03 PM UTC

Big Tech earnings season kicks off next week with Apple, Meta, and Microsoft reporting. Investors will be watching for updates on AI revenue and spending, as well as how companies are navigating the Trump administration's policies on tariffs, antitrust, and the CHIPS Act.

Published on: January 23, 2025, 04:00 PM UTC

Oracle Corp. (ORCL) surges on a joint venture with SoftBank and OpenAI to expand data centers and drive cloud business growth. The partnership aims to invest $100 billion, potentially boosting Oracle's cloud revenue to $30-$40 billion annually.

Published on: January 23, 2025, 03:04 PM UTC

CNN to lay off 6% of workforce, focusing on digital strategy amidst declining cable viewership. New streaming service and lifestyle product planned.

Published on: January 23, 2025, 03:00 PM UTC

The Nasdaq Composite (^IXIC) surged nearly 1.3% higher, bolstered by a jump in Netflix shares on the back of surprisingly strong earnings. The S&P 500 (^GSPC) gained more than 0.6% to close just shy of its record high of 6,090. Meanwhile, the Dow Jones Industrial Average (^DJI) rose 0.3%, following a gain of over 500 points on Tuesday.

Published on: January 23, 2025, 02:04 PM UTC

This article provides a comprehensive guide to choosing the right bed for a restful sleep. It covers factors to consider such as mattress type, firmness, size, and support, offering expert advice to help you make an informed decision.

Published on: January 23, 2025, 01:05 PM UTC

Despite Ethereum's initial promise as the top cryptocurrency challenger to Bitcoin, it has recently struggled to keep pace. Founder Vitalik Buterin and the Ethereum Foundation are backing a startup aiming to promote Ether as the preferred cryptocurrency for Wall Street, highlighting its potential for financial transactions and institutional use.

Published on: January 23, 2025, 01:04 PM UTC

Asian stocks rise as Chinese officials reassure investors of government support, boosting market sentiment. Beijing's commitment to buying stocks and promoting equity holdings among insurers and mutual funds improves investor mood. The CSI 300 Index and Hang Seng China Enterprises Index gain, while the MSCI Asia Pacific Index extends its winning streak. Asian markets react to Trump's first few days in office, digesting mixed signals on tariffs and spending plans.

Published on: January 23, 2025, 07:01 AM UTC

Markets climbed Wednesday as tech stocks led the rally, with Netflix (NFLX) surging on strong earnings and President Trump's focus on AI boosting technology stocks. The Nasdaq Composite (^IXIC) rose nearly 1.3%, while the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) both gained over 0.5%. Corporate earnings were mixed, with Johnson & Johnson (JNJ) missing expectations while Procter & Gamble (PG) topped forecasts. Trump's emphasis on AI sparked gains in tech stocks such as Oracle (ORCL) and SoftBank (9984.T).

Published on: January 23, 2025, 03:00 AM UTC

TowneBank reports Q4 net income of $41.3 million, or 55 cents per share, on revenue of $255.2 million. Annual profit was $161.8 million, or $2.15 per share, on revenue of $698.2 million.

Published on: January 22, 2025, 10:06 PM UTC