Posts with tag: technology
Asian stocks rose after Alibaba reported fast revenue growth, the yen weakened past 150 per dollar, and the Bank of Japan signaled readiness to curb bond yields.
Published on: February 21, 2025, 05:01 AM UTC
Funds Wager on Japanese Yen Outperformance as Inflation Rises
Published on: February 21, 2025, 04:00 AM UTC
St. Louis Fed President Musalem expresses caution on inflation, hinting at a possible shift in monetary policy stance amidst concerns over tariffs and immigration policies.
Published on: February 21, 2025, 03:02 AM UTC
Alibaba earnings boost Asian stocks, with Chinese tech shares leading gains; yen weakens past 150 per dollar; Alibaba's AI focus drives global fund inflows; BOJ rate hike speculation lifts USD/JPY; S&P 500 falls as Walmart results weigh; Treasury yields steady; oil set for weekly gain on supply uncertainty; gold holds near record amid safe-haven demand.
Published on: February 21, 2025, 03:00 AM UTC
Asian markets make gains against Wall Street losses, buoyed by optimism in Chinese stocks and AI advancements.
Published on: February 21, 2025, 03:00 AM UTC
Deregulation could spark further upside in the stock market, says Bank of America. Investors should eye stocks in consumer discretionary and financials sectors as key beneficiaries.
Published on: February 21, 2025, 02:00 AM UTC
Australian court rules Telstra misled broadband customers over speed downgrade, ACCC alleges. Telstra is facing penalties, compensation orders, and other decisions by the court.
Published on: February 21, 2025, 02:00 AM UTC
US stocks fell on Thursday as investors analyzed Walmart's (WMT) outlook and assessed the impact of President Trump's proposed tariffs and policy shifts. The Dow Jones Industrial Average (^DJI) plunged around 450 points, or roughly 1%. The S&P 500 (^GSPC) lost 0.5%, retreating after its second consecutive record close on Wednesday, while the tech-laden Nasdaq Composite (^IXIC) also shed about 0.5%.
Published on: February 21, 2025, 01:02 AM UTC
Rivian (RIVN) reported a strong Q4 with gross profit, better-than-expected EBITDA loss, and plans for a smaller loss in 2025. The company also expanded its partnership with Volkswagen and won a conditional commitment for a $6.6 billion loan from the DOE.
Published on: February 21, 2025, 01:01 AM UTC
Alliant Energy Corp. (LNT) reported fourth-quarter net income of $150 million, or 70 cents per share, on revenue of $976 million.
Published on: February 21, 2025, 12:04 AM UTC