Tag: travel

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Trump Nominates Two for Top Treasury Posts

President Donald Trump nominates two individuals for senior Treasury Department positions.

Foxconn Eyes Cooperation with Nissan, Not Acquisition

Foxconn Chairman says cooperation with Nissan is the aim, not acquisition.

Eneos to seek $2.6 bln in Japan's top IPO this year

Eneos Holdings plans to raise at least $2.61 billion in an IPO for its subsidiary, JX Advanced Metals. Eneos aims for a market value of at least $4.28 billion for the IPO launch, selling half of its JXAM stake.

Ken Griffin Isn't a Fan of Trump's Tariffs

Citadel CEO Ken Griffin calls Trump's tariff policies a "huge mistake" that could hinder economic growth. The uncertainty and chaos created by the tariffs make it difficult for businesses to plan long-term and could lead to a decline in investment and innovation.

Super Micro Slips on Lower Q2 Guidance, Regulatory Filing Concerns

Super Micro Computer (SMCI) reports below-guidance preliminary Q2 results, delays regulatory filings, and expects to avoid delisting. Revenue to be $5.6B-$5.7B, adjusted EPS of 58-60 cents, below prior forecasts.

Trump's Second Term: Three Signs of Self-Inflicted Harm

Impact of Trump's Early Second Term Actions on Approval Ratings, Business Sentiment, and Inflation Expectations

The Magnificent Seven's Decline: Investors May Need to Reconsider

Magnificent Seven tech stocks, once market darlings, face headwinds. Meta stands out with double-digit gains, while others lag. Analyst Adam Parker advises reducing exposure due to high valuations, elevated capital spending, and over-ownership.

Asian Stocks Set to Advance, Bonds Fall as Powell Signals Patience

Asian stocks are set to advance on Wednesday, while bond yields climb after Federal Reserve Chair Jerome Powell signals patience before cutting interest rates further. The Fed doesn't need to rush to adjust interest rates, Powell told Congress, largely echoing remarks in January, after the key policy rate was left unchanged following cuts at each of the last three meetings in 2024.

Mixed Day as Tariffs and Fed Hints Drive Market Movements

U.S. stocks ended mixed after Trump's latest tariff escalation and the Fed's hint that interest rates may not change for a while.

Pitney Bowes Reports Q4 Loss

Pitney Bowes Reports Q4 Loss, Guides Lower for 2023; Shares Fall