Tag: technology

Societe Generale targets higher payouts as profits surge; shares jump on upbeat outlook

Published on: February 06, 2025, 11:03 AM UTC

Markets react to Big Tech's AI spending and Trump's tariffs. Alphabet's stock drops after weak earnings, while Nvidia's climbs on AI spending plans. Amazon to release earnings soon. Tariffs rattle Ford and Chipotle. Fed watchers concerned about inflation. Gold hits record highs on trade war fears. Oil prices rise after Saudi price increase.

Published on: February 06, 2025, 11:02 AM UTC

Ford Q4 earnings top estimates; 2025 guidance muted due to market headwinds including potential EV tax credit loss, tariffs. Revenue up 5% YoY to $48.2B.

Published on: February 06, 2025, 11:02 AM UTC

Boeing forecasts that Indian and South Asian airlines will add 2,835 aircraft to their fleet over the next 20 years, amidst rising travel demand and economic growth.

Published on: February 06, 2025, 10:02 AM UTC

Stocks rose on strong European earnings, lower Treasury yields, and no new trade developments. The Stoxx Europe 600 hit a record high. Futures suggest Wall Street will build on Wednesday's gains. Volatility has eased, allowing investors to focus on earnings, interest rates, and economic growth.

Published on: February 06, 2025, 10:01 AM UTC

Orsted expects 2025 operating profit to match 2024 levels, after cutting investment plans to strengthen finances in a challenging market.

Published on: February 06, 2025, 10:00 AM UTC

Indonesian President Prabowo Subianto's populist measures aim to boost economic growth to 8%, despite concerns over budget deficit and sustainability.

Published on: February 06, 2025, 09:02 AM UTC

Gold demand surges as central banks and investors seek safe haven amid escalating tariffs

Published on: February 06, 2025, 08:02 AM UTC

Trump's policies on trade, immigration, and foreign aid have failed to address the economic concerns of voters. Instead, he should declare war on food inflation, target housing affordability, and address the insurance crisis.

Published on: February 06, 2025, 08:02 AM UTC

Asian shares are mostly up as Wall Street rallies on earnings reports. Japan's Nikkei 225 gained 0.5%, Australia's S&P/ASX 200 surged 1.2%, South Korea's Kospi edged up 0.7%, Hong Kong's Hang Seng rose 0.8%, and the Shanghai Composite added 1.0%. In Japan, Honda Motor stock pared some gains after talks of a joint venture unraveling. Meanwhile, Nissan shares recovered. On Wall Street, the S&P 500 rose 0.4%, the Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 0.2%. Toymaker Mattel jumped 15.3%, while Alphabet sank 7.3% amid concerns about its cloud business. Uncertainty about tariffs hangs over the global economy, but trade war concerns have eased after Trump gave reprieves to Mexico and Canada. Yields in the bond market fell due to weaker growth in U.S. services businesses.

Published on: February 06, 2025, 07:04 AM UTC