FinLogic News | Latest Trends in Blockchain, Stocks & Futures

Dollar steady as markets await Trump tariff clarity, central banks

TOKYO/LONDON (Reuters) -The dollar traded in narrow ranges against major peers on Thursday as it struggled for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions could move currencies over the next week, with the Bank of Japan widely expected to raise interest rates at the end of a two-day meeting on Friday. Rate decisions from the U.S. Federal Reserve and European Central Bank are scheduled for Wednesday and Thursday of next week, respectively.

UK watchdog targets Apple, Google mobile ecosystems with new digital market powers

Google's Android and Apple's iOS are facing fresh scrutiny from Britain's competition watchdog, which announced investigations Thursday targeting the two tech giants' mobile phone ecosystems under new powers to crack down on digital market abuses. The Competition and Markets Authority said it launched separate investigations to determine whether the mobile ecosystems controlled by Apple and Google should be given “strategic market status” that would mandate changes in the companies' practices.

MarineMax (NYSE:HZO) Misses Q4 Sales Targets, But Stock Soars 6.1%

Boat and marine products retailer MarineMax (NYSE:HZO) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 11.2% year on year to $468.5 million. Its non-GAAP profit of $0.17 per share was significantly above analysts’ consensus estimates.

American Airlines (NASDAQ:AAL) Posts Better-Than-Expected Sales In Q4 But Stock Drops

Global airline American Airlines (NASDAQ:AAL) announced better-than-expected revenue in Q4 CY2024, with sales up 4.6% year on year to $13.66 billion. Its non-GAAP profit of $0.86 per share was 30.1% above analysts’ consensus estimates.

LSI (NASDAQ:LYTS) Reports Upbeat Q4, Stock Jumps 10.9%

Commercial lighting and retail display solutions provider LSI (NASDAQ:LYTS) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 35.5% year on year to $147.7 million. Its non-GAAP profit of $0.26 per share was 30% above analysts’ consensus estimates.

Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps

Electronic Arts shares are tumbling in premarket trading Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.

General Electric (NYSE:GE) Reports Bullish Q4, Stock Soars

Industrial conglomerate General Electric (NYSE:GE) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 27.2% year on year to $10.81 billion. Its non-GAAP profit of $1.32 per share was 26.9% above analysts’ consensus estimates.

GE Aerospace Stock Soars as Q4 Revenue, Profit Blow Past Estimates

Shares of GE Aerospace surged Thursday morning after the company reported fourth-quarter results far above analysts' estimates.

Bitcoin price today: slips to $102k as Trump boost fades, $TRUMP tumbles

-- Bitcoin fell on Thursday after a short-lived rally on hype over more crypto-friendly policies from President Donald Trump, with his recently launched memecoin also...

Money market account rates today, January 23, 2025 (earn up to 4.75% APY)

Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?

Nissan to procure EV batteries from SK On for US market, Nikkei reports

Nissan Motor plans to procure batteries for electric vehicles sold in the U.S. from South Korea's SK On from around 2028 onwards, the Nikkei newspaper said on Thursday, as the troubled Japanese automaker looks to ramp up its EV business as part of a planned turnaround. Separately, a Nissan executive said the automaker was considering plans to produce compact EVs at its plant on Japan's southern island Kyushu, confirming a 2024 Reuters report. Nissan, which is in talks to merge with Honda Motor, has been seeking to slash 9,000 jobs and 20% of its global manufacturing capacity in a turnaround plan laid out last year.

China moves to boost languishing markets by ordering funds to invest more in shares

The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums. Officials told reporters in Beijing on Thursday that beginning this year mutual funds should increase holdings of onshore stocks, called A-shares, by at least 10% a year over the next three years. Commercial insurance funds will have to put 30% of their annual new premium revenue into share markets beginning this year, they said.

3 Reasons to Sell LNW and 1 Stock to Buy Instead

Over the past six months, Light & Wonder’s shares (currently trading at $91.49) have posted a disappointing 13.6% loss, well below the S&P 500’s 9.3% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.

3 Reasons QTWO is Risky and 1 Stock to Buy Instead

Over the past six months, Q2 Holdings has been a great trade, beating the S&P 500 by 24%. Its stock price has climbed to $93.30, representing a healthy 33.2% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

3 Reasons to Sell ASYS and 1 Stock to Buy Instead

Amtech has been treading water for the past six months, recording a small loss of 4.1% while holding steady at $5.45. The stock also fell short of the S&P 500’s 9.3% gain during that period.

‹
1
2
...
137
138
139
140
141
142
143
...
528
529
›