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Eaton Beats Q4 Earnings Expectations

Eaton Corp. PLC (ETN) reported Q4 EPS of $2.83, $0.02 above the Zacks Consensus Estimate. Revenue missed at $6.24 billion.

Mortgage Rates Barely Budge Amid Market Sell-Off

Mortgage rates remained largely unchanged this week despite a stock market sell-off, with the average 30-year rate at 6.95% and 15-year rates at 6.12%.

Gold Holds Near Record as Trump Tariff Threats Spur Haven Demand

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

Novartis quarterly profit beats on strong drug sales

Novartis beats estimates on Entresto, Kesimpta sales; sees strong 2025 growth

Apple Q1 Earnings: iPhone Revenue Misses, Greater China Sales Softer

Apple Q1 earnings beat expectations but iPhone revenue falls short; China sales disappoint

Swiss Court to Deliver Verdict in Landmark Trafigura Corruption Trial

Swiss judges to rule in Trafigura corruption trial involving alleged Angolan bribes

Apple Q1 2025 Earnings: Mixed Bag with Rising Revenue, Slipping iPhone Sales

Apple's latest earnings report shows mixed results, with rising revenue offset by declining iPhone sales in China. AI platform unavailable in China cited as a contributing factor, while Mac and iPad revenue increase.

DeepSeek Shakes Up Tech: Microsoft, Meta Back AI Infrastructure Spending Despite AI Breakthrough

DeepSeek AI's impact on Big Tech earnings: Meta and Microsoft remain bullish on AI spending amid market frenzy.

Chinese State Media Amplifies Narrative About Rise of Chinese AI Startup DeepSeek

Chinese state media amplified narratives celebrating the launch of AI startup DeepSeek, promoting the idea of China challenging US dominance in the AI sector. The activity highlights China's ability to mobilize actors to promote its interests online.

Asian Equities Drop, Futures Climb on Apple Results

Asian markets declined on Friday due to pressure from technology companies. Despite gains in Australian equities, a gauge of Asian shares fell after two days of advances. Futures for the S&P 500 and Nasdaq 100 rose after strong results from Apple Inc. and gains in mega-cap tech companies. However, Nvidia shares remained on track for their worst week since September. In the foreign exchange market, the currencies of Mexico and Canada weakened after President Trump threatened to impose tariffs on imports. Gold and oil prices rose, with the PCE index expected to show a slight pickup in inflation.