Tag: technology

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Verizon Beats Q4 Estimates as Wireless Subscriber Growth Soars

Verizon Communications (VZ) reported Q4 earnings that beat analyst estimates with wireless subscriber growth and revenue of $35.68 billion.

US IPO Market Poised for Blowout 2025 with Trump Return, Falling Rates

The US IPO market is expected to surge in 2025 due to Donald Trump's return, declining interest rates, and renewed investor confidence. Key IPOs to watch include Klarna, Chime, Cerebras, and Medline. Recent IPO performances indicate strong investor appetite, with notable listings such as ARM Holdings, Instacart, and Reddit experiencing significant gains. Track upcoming IPOs and monitor the performance of recent listings to gauge market sentiment and potential investment opportunities.

OPEC+ Yet to Respond to Trump's Call for Lower Oil Prices

OPEC+ has yet to respond to President Trump's call for lower oil prices, citing plans to increase output from April. Despite rising prices, OPEC+ maintains its focus on long-term market stability.

Canadian Aerospace Industry Scrambles to Mitigate Tariff Risk

Canadian helicopter parts supplier Optima Aero moves inventory to minimize risk from potential US tariffs, as aerospace suppliers scramble to limit tariff risk.

Emerging-Market Currencies Gain on Relief from US Tariffs

Emerging-market currencies gain during the first week of Trump’s second term with a 1.1% climb in the benchmark index for developing-nation currencies as traders relieve fears of a widespread trade war and more hawkish Federal Reserve stance with no new levies on Chinese imports.

U.S. Stock Futures Dip Amidst Trade Uncertainty, Earnings in Focus

US stock index futures edged lower on Friday as uncertainty over trade policies and upcoming data weigh on investors.

Saudi Telecom Firm STC Seeks Telefonica Board Seat After Shakeup

Saudi Arabia's STC seeks board seat at Telefonica, plans to engage in discussions to secure representation.

Insiders Selling at Fastest Pace Since 1988, but Buybacks Surge

Corporate executives are selling stocks at a record pace while buybacks are at the strongest levels since at least 1999. Is this bullish or bearish for the stock market?

US Equity Fund Outflows Cool as Inflation Eases, Buoying Equities

Weekly outflows from U.S. equity funds hit a three-week low, with $3.2 billion exiting in the week to Jan. 22, as positive inflation data boosted equity markets.

Trump Scraps Biden-Era Plan for $2 Generic Drugs in Medicare

President Trump reverses Biden's executive order on prescription drug prices, including a proposed $2 generic drug list for Medicare patients.