Tag: technology

Expedia shares jump 17.9% on Q4 earnings beat, driven by strong travel demand and margin expansion. Analysts upgrade stock on encouraging trends. Learn more in our full analysis report.

Published on: February 07, 2025, 08:00 PM UTC

The US labor market remained resilient in January, with unemployment falling to 4%, wages rising 4.1%, and job creation revised higher. Market pricing now suggests a 67% chance that the Fed will hold interest rates steady through its May meeting.

Published on: February 07, 2025, 07:03 PM UTC

Three software stocks, PLTR, NOW, and ZS, are top picks for long-term investment due to their strong financial performance, growth potential, and ability to capitalize on the increasing demand for software solutions.

Published on: February 07, 2025, 07:01 PM UTC

Automakers and electric vehicle charging companies urge the U.S. Transportation Department to restart a $5 billion government EV infrastructure program.

Published on: February 07, 2025, 07:00 PM UTC

Despite lower-than-expected job creation in January, US unemployment falls to 4%, accompanied by strong wage growth and upward revisions to previous job gains, indicating labor market resilience and influencing Fed policy decisions.

Published on: February 07, 2025, 06:03 PM UTC

Amid the US-China trade war, tech giants Apple, Google, Intel, and Nvidia face potential antitrust investigations in China as retaliatory measures for US tariffs. Apple faces scrutiny over its App Store practices, while Intel's China revenue is at risk due to its reliance on the region. Google's presence in China is minimal, but Nvidia's AI strategy could be impacted by export restrictions.

Published on: February 07, 2025, 06:02 PM UTC

Amazon stock (AMZN) fell 3% in premarket trading after mixed first-quarter guidance and promised big spending on AI infrastructure in 2025. Despite the miss, analysts remain bullish due to expected revenue growth in Amazon Web Services and a good quarter overall, with strong sales growth for AWS, improved operating profit margins, and accelerated growth in physical stores. Wall Street analysts rate Amazon as Buy or Overweight, with price targets ranging from $260 to $280, citing opportunities in AI, cloud computing, advertising, and subscription services.

Published on: February 07, 2025, 05:02 PM UTC

Titan America shares up 1.25% in NYSE debut, market cap reaches $2.99 billion

Published on: February 07, 2025, 05:00 PM UTC

Consumer sentiment plunges to its lowest in seven months, driven down by inflation concerns, according to the University of Michigan's consumer sentiment survey.

Published on: February 07, 2025, 05:00 PM UTC

US stocks drop on higher inflation expectations and weaker jobs report. The S&P 500 fell 0.1%, Nasdaq Composite dropped 0.5%, and Dow Jones Industrial Average declined 0.1% as consumer sentiment sank to a seven-month low and inflation expectations surged. Amazon shares plummeted after disappointing earnings outlook, but the major indices remain on track for weekly gains.

Published on: February 07, 2025, 04:04 PM UTC