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Southwest Airlines Names Tom Doxey as Chief Financial Officer

Southwest Airlines names Tom Doxey as new CFO, replacing retiring Tammy Romo.

McDonald's Misses Estimates, Faces Challenges with Stock Performance and Sales

McDonald's Q4 2024 results missed expectations, with revenue and earnings per share falling short. Global same-store sales were up slightly, but US same-store sales declined due to an E. coli outbreak. The company aims to regain market share in 2025 with its McValue menu and new menu items, but analysts are concerned about over-reliance on promotions.

Nissan Open to New Partners After Honda Merger Talks Collapse

As Nissan faces challenges in the EV market, the automaker remains open to collaborations, even with tech partners. The failed merger talks with Honda highlight Nissan's need to address liquidity and electrification efforts.

Earnings Outlook and Tariff Uncertainties

Despite the threat of tariffs, the stock market continues to hover near record highs. This is surprising since tariffs are expected to negatively impact company earnings, the key driver of stock prices. The market's optimism may stem from the belief that any tariffs will be temporary or milder than anticipated. However, analysts estimate that the announced tariffs could reduce earnings significantly, potentially outweighing any positive earnings surprises. As a result, companies and analysts may need to reassess their earnings estimates.

DBS Q4 profit rises 10% to match estimates

DBS Group's Q4 net profit rises 10% to S$2.62 billion, matching analyst estimates, driven by growth in commercial banking and markets trading.

Big Tech's AI Spending Spree Hits $325 Billion, Amazon Leads the Pack

Big Tech's AI Race Heats Up: Amazon Joins the $325 Billion Spending Spree

Tesla's China Slump Fuels Weekly Losses Amid Competition, Musk's Politics

Tesla stock had a rough week as China deliveries slumped 11.5% in January, while BYD sales surged 47%. Germany sales also plunged to their lowest since 2021. The US suspended federal funding for EV chargers, impacting shares of ChargePoint, Blink, and EVgo. Tesla has received an estimated $31 million through the program.

Bank of America CEO Brian Moynihan's 2024 Compensation Set at $35 Million

Bank of America CEO Brian Moynihan received a 21% compensation increase to $35 million for 2024, driven by strong performance including increased interest income and a 10% bonus pool increase for investment bankers.

Trump Eyes Hedge Fund Tax Break

President Biden to discuss tax cuts, including the carried interest tax deduction loophole, with Republican lawmakers.

Fed's Kashkari sees 'modestly' lower rates by year-end if inflation cools

Minneapolis Fed President Neel Kashkari says strong labor market data and cooling inflation suggest the Fed may lower rates modestly by year-end.