Financial markets were shaken on Monday as tech-heavy Nasdaq futures slumped, led by a steep decline in Nvidia (NASDAQ:NVDA). The drop follows concerns surrounding a potential shift in AI infrastructure demand after Chinese start-up DeepSeek unveiled a low-cost, energy-efficient AI model. Nvidia shares were down 11.7% in premarket U.S. trading, …
Read More »Weekly Market Recap: Central banks could steer price action this week
Last week was marked by significant events that influenced global financial markets. The inauguration of President Donald Trump, who wasted no time addressing the world on various market-related issues, was among the highlights. Company earnings reports and the long-anticipated interest rate hike by the Bank of Japan also played a …
Read More »Alibaba’s Share Repurchases Highlight Strategic Financial Management
Alibaba Group Holding Limited has made multiple filings with the Hong Kong Stock Exchange, submitting Next Day Disclosure Returns for January 20, 22, 23, and 24, 2025. These filings pertain to share repurchases made on the New York Stock Exchange between January 13 and January 17, 2025, showcasing the company’s …
Read More »Dow Jones Poised for Second Weekly Gain
The Dow Jones Industrial Average (DJIA) traded sideways on Friday, experiencing minor fluctuations within a narrow range. Despite this subdued end to the week, equities remain firmly on a bullish trajectory, with the index poised for its second consecutive week of gains.The release of US Purchasing Managers’ Index (PMI) data, …
Read More »American Express Exceeds Expectations With Strong Q4 Results
American Express reported fourth-quarter financial results that largely met market expectations. The company achieved earnings per share (EPS) of $3.04, slightly surpassing the consensus estimate, while total revenue aligned with analyst projections at $17.18 billion. Notably, billed business reached a record high of $408.4 billion, reflecting a robust 8% year-over-year …
Read More »S&P 500 Reaches Record High Amid Mixed Earnings and Trump Comments
Introduction: The benchmark S&P 500 soared to an all-time high on Thursday, driven by a blend of corporate earnings reports and remarks from President Donald Trump. Investors are closely monitoring these developments, which have significant implications for the market’s trajectory.Corporate Earnings and Market Performance: The S&P 500’s rise was accompanied …
Read More »Netflix Soars to New Highs on Record Subscriber Growth
Netflix shares surged to a new all-time high on Wednesday, driven by a strong fourth-quarter earnings report that significantly exceeded market expectations. The streaming giant added a record 18.9 million subscribers, boosting revenue and earnings well above analyst forecasts.This impressive performance ignited a wave of optimism among investors, leading to …
Read More »Nvidia Soars, Driving Dow Jones Towards 44,200
The Dow Jones Industrial Average continued its upward trajectory on Wednesday, gaining approximately 100 points and inching closer to the 44,200 mark. This bullish momentum appears to be driven more by a lack of negative catalysts than by any significant positive drivers.The recent campaign trail filled with frequent threats of …
Read More »Procter & Gamble Surpasses Expectations with Strong Q4
Procter & Gamble (P&G) reported robust second-quarter earnings and revenue, exceeding Wall Street’s expectations. The company attributed this success to improved sales performance in key markets like the United States and China.P&G’s net income for the quarter reached $4.63 billion, translating to $1.88 per share, a significant increase from the …
Read More »Johnson & Johnson Posts Strong Q4 Results, Beats Estimates on Robust Cancer Drug Demand
Johnson & Johnson (NYSE:JNJ) reported fourth-quarter earnings and sales that exceeded analysts’ expectations, driven by strong demand for its cancer treatments and contributions from its recent acquisition of Shockwave Medical. Q4 Highlights Revenue: $22.52 billion, a 5.3% year-over-year increase. Adjusted EPS: $2.04 per share, down 11% YoY but above analysts’ …
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