Tag: technology

Gold hovers near record as Trump's trade threats spur haven demand

Published on: January 23, 2025, 09:01 AM UTC

An investment deal between Indonesia and Apple may lift the ban on iPhone 16 sales in the country. The deal involves Apple making part of its iPhone or components in Indonesia.

Published on: January 23, 2025, 07:02 AM UTC

US stocks rallied Wednesday after strong earnings and optimism over Trump's agenda. The S&P 500 reached a record high during the session, and AI stocks jumped on news of a major partnership.

Published on: January 23, 2025, 07:02 AM UTC

Listen to Living Not So Fabulously for tips on starting a small business, including gathering customer data, budgeting, and launching your business despite imperfections.

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

SK Hynix shares dropped despite record profit and modest capex plans, missing investor expectations for AI memory chip demand. The company remains a leader in HBM production, but competition from Samsung and inventory adjustments loom.

Published on: January 23, 2025, 06:03 AM UTC

Gap CEO Richard Dickson discusses the company's turnaround strategy, including a focus on platform growth, operational efficiency, and product innovation. He also addresses the potential impact of tariffs on the company's business.

Published on: January 23, 2025, 06:02 AM UTC

**Meta Description** Netflix stock surged 10% to an all-time high after posting strong Q4 earnings. The streaming giant added a record 18.9 million users, beating subscriber estimates. Revenue and earnings also topped expectations, driving analysts to raise price targets and forecast continued growth in 2025. Netflix announced a $15 billion stock buyback and increased its full-year revenue outlook. Notably, the company reported a doubling of advertising revenue and plans for continued live event programming, including WWE Raw. Despite missing Q1 revenue estimates, Netflix guided for higher operating margins, highlighting its competitive strength and focus on improving product-market fit.

Published on: January 23, 2025, 06:02 AM UTC

Cisco CEO Chuck Robbins discusses US-China trade relations, the company's business in China, and the importance of extending Trump's tax cuts. Cisco's stock has outperformed the S&P 500 in recent months due to strong earnings and optimism about the integration of its Splunk acquisition.

Published on: January 23, 2025, 06:01 AM UTC

Trump tariffs pose a significant threat to retailers, with Ralph Lauren facing potential harm due to its reliance on Chinese sourcing. Despite this, the company's stock has outperformed amid optimistic consumer sentiment, and CEO Patrice Louvet emphasizes a focus on serving customers despite potential price increases.

Published on: January 23, 2025, 06:01 AM UTC

HongShan Capital Group is nearing a deal to acquire audio equipment maker Marshall Group AB for about $1.1 billion, valuing the company whose guitar amplifiers have been used by musicians including Jimi Hendrix, Eric Clapton and Lana del Rey.

Published on: January 23, 2025, 06:00 AM UTC