Tag: technology

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Fed Holds Rates, Awaits Inflation Data

The Federal Reserve is expected to hold interest rates steady at Wednesday's meeting, as inflation remains high and the labor market robust.

U.S. Stocks Little Changed at Midday After S&P 500 Record High

U.S. stocks were little changed midday, after the S&P 500 set a record high on earnings optimism. American Express shares fell despite beating profit estimates, while Verizon Communications rose following better-than-expected results.

Venture Global's Tepid IPO Underscores Need for Realistic Valuations

Venture Global's IPO valuation setback signals cautious recovery for new offerings. Despite strong market sentiment, investors demand realistic valuations and scrutinize deals amid market risks.

Venture Global LNG stock set for strong debut

Venture Global LNG shares may debut on NYSE up to 6% above IPO price, valuing the LNG exporter at up to $64 billion.

US Consumer Sentiment Declines for First Time in Six Months on Unemployment, Tariff Concerns

US consumer sentiment declined in January for the first time in six months due to unemployment concerns and inflationary pressures stemming from potential tariffs.

U.S. Consumer Sentiment Weakens in January Amid Economic Concerns

US consumer sentiment has weakened in January for the first time in six months amid concerns about the US labor market and potential higher prices for goods.

Boeing Swings to Q4 Operating Cash Flow Loss

Boeing (BA) reports Q4 loss due to strike, defense charges, and workforce cuts. Revenue and EPS below estimates, but cash and investments improve.

Market Update: Stocks Dip Despite Trump's China Stance, Earnings Season in Focus

Stock markets struggled Friday as investors assessed earnings and weighed Trump's tariff hints. The Dow dropped 0.2%, S&P 500 slipped, while Nasdaq edged down 0.1%. The week is poised to end with gains as Trump's comments buoy investor optimism, despite skepticism about his ability to execute changes.

U.S. Stocks Open Flat, But Continue to Track for Weekly Gain After Trump Softens Stance on Tariffs

US stocks opened flat after a week of gains, as investors digested President Trump's softened tone on tariffs and calls for lower interest rates. The S&P 500 hit a record high, while the Dow and Nasdaq inched higher. Company earnings and Bitcoin's price movements remain in focus.

Trump Signs Executive Action on Crypto, Establishes Working Group and Prohibits CBDCs

President Trump signs executive action on crypto, creating a working group to coordinate regulation and evaluate a potential national digital asset stockpile.