Posts with tag: trends
US futures steady, dollar weakens as traders assess tariffs and earnings
Published on: February 04, 2025, 02:00 PM UTC
Spotify's Q4 earnings beat expectations with revenue growth and its first annual profit, driven by strong subscriber gains and efficiency measures. The stock surged 8% in pre-market trading.
Published on: February 04, 2025, 01:01 PM UTC
Estee Lauder expands restructuring plan, cuts up to 7,000 jobs amid falling sales
Published on: February 04, 2025, 12:08 PM UTC
Centene Corp. reported Q4 net income of $283 million, earnings of 80 cents per share, and revenue of $40.81 billion, topping Wall Street expectations.
Published on: February 04, 2025, 12:08 PM UTC
Axalta Coating Systems (AXTA) beats earnings and revenue expectations for Q4, with earnings per share of 60 cents and revenue of $1.31 billion. For the year, the company reports profit of $391 million or $1.78 per share, with revenue of $5.28 billion. Axalta forecasts earnings of 54 cents per share for the current quarter and $2.50 to $2.60 per share for the full year, with revenue between $5.35 billion and $5.4 billion.
Published on: February 04, 2025, 12:07 PM UTC
US stock futures slipped Tuesday as investors assessed China's response to Trump's new tariffs, amid worries about a trade war. China hit back with tariffs on US goods, but some see its response as showing restraint that could open the door to compromise.
Published on: February 04, 2025, 12:01 PM UTC
US stock futures steadied and the dollar weakened as investors speculated that China's restraint in retaliatory tariffs may help avoid a worst-case scenario in the emerging trade war.
Published on: February 04, 2025, 09:01 AM UTC
Nintendo cuts Switch sales forecast ahead of successor release
Published on: February 04, 2025, 07:00 AM UTC
China and the US have renewed their trade war by imposing new tariffs on each other's goods, with analysts predicting heightened uncertainty and market volatility.
Published on: February 04, 2025, 06:00 AM UTC
US President Donald Trump plans to speak with China in the next 24 hours to discuss a potential reprieve on a 10% tariff set to take effect on Tuesday. Talks are likely to cover illegal Chinese fentanyl, as well as the ownership split of China-owned app TikTok.
Published on: February 04, 2025, 04:01 AM UTC