Defense Stocks Rise After Germany’s €2.5 Billion Weapons Order

(Bloomberg) -- Shares in European defense companies are hitting new records after Germany’s lawmakers approved about €2.5 billion ($2.6 billion) worth of weapons and equipment orders for the armed forces.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 YearsTexas HOA Charged With Discrimina

United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops

Parcel delivery company UPS (NYSE:UPS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the company’s full-year revenue guidance of $89 billion at the midpoint came in 6.3% below analysts’ estimates. Its non-GAAP profit of $2.75 per share was 8.6% above analysts’ consensus estimates.

IBM Stock Jumps, Leads S&P 500 Gainers, on Results, Open-Source AI Strategy

IBM shares jumped 13% to lead S&P 500 gainers Thursday, a day after the company posted fourth-quarter results that topped analysts' estimates as its artificial intelligence (AI)-enabled business surged.

Money market account rates today, January 30, 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?

Software Stocks in Vogue Again on DeepSeek’s Efficiency Promise

(Bloomberg) -- DeepSeek’s claim that it has found a lower cost way to create AI models has made software stocks a hot trade.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 YearsTexas HOA Charged With Discrimination for Banning Section 8 RentersThe sudden emergence of DeepSeek’s model at fi

Thursday's Biggest Analyst Calls: Nvidia, Tesla, Meta, Microsoft, Ibm, Coca-cola, Cvs, Corning & More

Treasury Yields Dip as Traders Assess Fed Remarks and Await GDP Data

The Bond ETFs Fell as Fed Chairman Powell Awaits the White House's Policy Announcements

Shares of Nokia Are Heading for Their Best Day in Months as the Hard-hit Mobile Business Appears to Be Stabilizing

Wall Street is cautious on iPhone sales ahead of Apple earnings but analysts hope AI will shine

Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.

Bitcoin price hits $80K for the first time — New ‘inflation-adjusted’ all-time high

Bitcoin’s (BTC) price crossed the $80,000 mark for the first in history, just days after …

2 'Big Short' traders say they're staying out of AI and looking for deals in another corner of the market

"We sit here and we're scouring the globe, and everyone's losing brain cells around AI," Porter Collins of "The Big Short" fame said.

Meta earnings live updates: Wall Street watching for AI monetization, reaction to DeepSeek mania

Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI monetization efforts and DeepSeek.

Ethereum hits $3.2K, surpassing Bank of America market cap

Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest …

Why Goldman Sachs says the DeepSeek plunge doesn't point to the start of a big stock market correction

"In our view this is a correction and not the start of a sustained bear market," Goldman Sachs said. DeepSeek sparked a $1 trillion market rout on Monday.