Posts with tag: strategy
US President Trump orders 25% tariffs on Canadian and Mexican imports and 10% on goods from China to address fentanyl and illegal aliens. Market strategists believe this will have a negative impact on equities, reciprocal tariffs, and market uncertainty.
Published on: February 01, 2025, 11:00 PM UTC
Meta Platforms explores moving its incorporation outside of Delaware, considering Texas or other states with favorable legal and regulatory environments.
Published on: January 31, 2025, 08:00 PM UTC
US stocks gained steam on Thursday as investors digested earnings from tech giants and awaited Apple's results for insights into the broader sector. Despite concerns about iPhone sales, investors will scrutinize Apple's quarterly update for positive signals in light of multiple stock downgrades. Meanwhile, investors weigh the Fed's cautious stance amid ongoing earnings reports, with a focus on the impact of AI investments and economic data such as GDP growth and inflation numbers.
Published on: January 30, 2025, 09:03 PM UTC
Mobileye Global Inc. (MBLY) reported a loss of $71 million in its fourth quarter, or 9 cents per share. Adjusted earnings came to 13 cents per share, surpassing Wall Street expectations. Revenue was $490 million, also exceeding forecasts. For the year, the company reported a loss of $3.09 billion, or $3.82 per share, on revenue of $1.65 billion. Mobileye expects full-year revenue in the range of $1.69 billion to $1.81 billion.
Published on: January 30, 2025, 01:08 PM UTC
Fed Chair Powell holds rates steady, says no contact with Trump on tariffs and suggests no rate cuts in 2025
Published on: January 30, 2025, 01:02 PM UTC
IBM shares surge premarket after Q4 results beat estimates, with strong growth in AI-enabled business.
Published on: January 30, 2025, 12:04 PM UTC
Tech giants Microsoft (MSFT), Meta (META), Google (GOOG), Amazon (AMZN), and Nvidia (NVDA) report earnings today amidst concerns about a Chinese AI company's claims it can match their AI performance at a fraction of the cost.
Published on: January 29, 2025, 06:01 PM UTC
Leonardo CEO meets Airbus to discuss satellite alliance
Published on: January 28, 2025, 11:00 AM UTC
Euro Gains as Rate-Cut Bets Fade, Trade Tariffs Seen as Less Imminent
Published on: January 24, 2025, 05:04 PM UTC
Tesla Model Y now available with updated exterior and interior, new suspension tuning and more
Published on: January 24, 2025, 05:02 PM UTC