Posts with tag: web development
Executives increasingly field questions about DeepSeek's impact on their business. Despite market disruption, the early outlook is generally optimistic about generative AI's potential for new applications and business models.
Published on: February 04, 2025, 01:01 AM UTC
Auto stocks fall as Trump's tariffs hit global markets. Toyota, Nissan, and Mazda face major risk due to factories in Mexico. Tariffs could cost carmakers $33 billion a year.
Published on: February 04, 2025, 12:00 AM UTC
Equity Residential (EQR) reported funds from operations of $1 per share in its fourth quarter, matching Wall Street expectations. Revenue came in at $766.8 million, topping Street forecasts. For the current quarter ending in March, EQR expects per-share funds from operations in the range of 90 cents to 94 cents.
Published on: February 03, 2025, 11:05 PM UTC
The Canadian dollar and Mexican peso rebound after President Trump delays tariffs by one month.
Published on: February 03, 2025, 11:04 PM UTC
Investors were caught off guard by President Trump's announcement of tariffs on Canada, Mexico, and China, causing a sell-off in the U.S. stock market. The tech-heavy Nasdaq Composite (^IXIC) fell about 1%, the S&P 500 (^GSPC) fell about 0.8%, and the Dow Jones Industrial Average (^DJI) shed 0.4%.
Published on: February 03, 2025, 07:04 PM UTC
Stock prices plunged on Monday as investors reacted to President Trump's announcement of tariffs on Canada, Mexico, and China. The Nasdaq Composite fell about 1%, the S&P 500 fell about 0.8%, and the Dow Jones Industrial Average shed 0.4%.
Published on: February 03, 2025, 05:02 PM UTC
US stocks fell on Monday in response to President Donald Trump's announcement of tariffs on China, Mexico, and Canada. The major averages pared losses mid-morning after Trump said he would delay tariffs against Mexico by a month. The tech-heavy Nasdaq Composite (^IXIC) was down around 1%, recouping about half of its earlier losses. Meanwhile, the S&P 500 (^GSPC) fell roughly 0.6%, and the Dow Jones Industrial Average (^DJI) moved 0.2% lower. Consumer discretionary (XLY) stocks, which includes automakers, were the hardest hit early in the day. Tech (XLK) also dragged on markets as shares of AI chip giant Nvidia (NVDA) and iPhone maker Apple (AAPL) declined.
Published on: February 03, 2025, 05:00 PM UTC
Canada's energy sector escapes major trade war damage with lower tariffs and potential exemptions for some exports.
Published on: February 03, 2025, 04:03 PM UTC
Southwest Airlines faces challenges with rising costs, but CEO remains optimistic about recovery strategy and improving outlook for Boeing, its fleet partner.
Published on: February 03, 2025, 03:03 PM UTC
Trump's tariffs on Canada, Mexico, and China send shockwaves through Wall Street, with analysts predicting pain and a hit to economic growth. Morgan Stanley sees a recession in Mexico and a drag on US growth. EvercoreISI warns of inflation and a slowdown. JP Morgan highlights the financial risks to metals companies. Bernstein notes the impact on risk-on sentiment and crypto markets. Vontobel emphasizes the uncertainty and the need for Swiss companies to adapt. Deutsche Bank anticipates a recession in Canada and Mexico and a boost to the US dollar. BMO Capital Markets recommends focusing on quality companies and dividends. TD Securities expects a reduction in Fed easing pricing and a selloff in the US short end. Stifel warns of supply chain disruptions and inflationary pressures for footwear and apparel companies.
Published on: February 03, 2025, 03:03 PM UTC