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Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%.Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%. Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%.
Oil futures fell Tuesday morning, losing ground as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own.Oil futures fell Tuesday morning, losing ground as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own. Oil futures fell Tuesday morning, losing ground as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own.
PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America. PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.
Merck’s stock tumbled 6% early Tuesday, after the drug company’s softer-than-expected guidance for the current year offset better-than-expected fourth-quarter earnings.Merck’s stock tumbled 6% early Tuesday, after the drug company’s softer-than-expected guidance for the current year offset better-than-expected fourth-quarter earnings. Merck’s stock tumbled 6% early Tuesday, after the drug company’s softer-than-expected guidance for the current year offset better-than-expected fourth-quarter earnings.
U.S. agreements with Canada and Mexico stopped tariffs before they were to enter into effect, but the trade war between the world’s top two economies is continuing.U.S. agreements with Canada and Mexico stopped tariffs before they were to enter into effect, but the trade war between the world’s top two economies is continuing. U.S. agreements with Canada and Mexico stopped tariffs before they were to enter into effect, but the trade war between the world’s top two economies is continuing.
The streaming service reported a double-digit rise in monthly active users.The streaming service reported a double-digit rise in monthly active users. The streaming service reported a double-digit rise in monthly active users.
Traditional insurance models aren’t able to handle escalating natural disaster risks.Traditional insurance models aren’t able to handle escalating natural disaster risks. Traditional insurance models aren’t able to handle escalating natural disaster risks.
PayPal’s stock is down 6%, with an analyst noting that growth in branded-checkout volume seems to have trailed buy-side expectations.PayPal’s stock is down 6%, with an analyst noting that growth in branded-checkout volume seems to have trailed buy-side expectations. PayPal’s stock is down 6%, with an analyst noting that growth in branded-checkout volume seems to have trailed buy-side expectations.
Wall Street strategists are largely leaning positive on stocks, and that may mean it’s time to go the other way.Wall Street strategists are largely leaning positive on stocks, and that may mean it’s time to go the other way. Wall Street strategists are largely leaning positive on stocks, and that may mean it’s time to go the other way.
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The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced alcohol consumption.The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced alcohol consumption. Bottles of Diageo-owned Johnnie Walker Red Label whisky in a supermarket in Chelmsford, UK, on Tuesday, Jan. 28, 2025. Bloomberg | Getty Images Spirits maker Diageo said Tuesday that it is taking steps to deal with the potential impact of U.S. tariffs on key supply chain regions and has removed its medium-term guidance due to macroeconomic and…
Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company’s near eight-year-old Switch console.Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company’s near eight-year-old Switch console. In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo on Tuesday reported weaker-than-expected top and bottom results for its fiscal third quarter, slashing its forecast for the Switch…
Shares of Altria Group Inc. (NYSE: MO) rose over 1% on Friday. The stock has gained 26% over the past 12 months. The tobacco giant delivered better-than-expected earnings results for the fourth quarter of 2024. It continues to make progress in its smoke-free business while tackling challenges in its smokeable products business. Q4 numbers Altria generated revenue of $5.9 billion in the fourth quarter of 2024, which was relatively flat compared to the year-ago period, as lower revenues in the smokeable products segment were mostly offset by higher revenue in the oral tobacco products segment. Adjusted earnings per share rose…
For Apple Inc. (NASDAQ: AAPL), 2024 was not a great year as the company drew criticism for lagging behind its tech peers in AI development and the iPhone faced stiff competition, especially in China, resulting in a sales slowdown. Meanwhile, the installed base of active Apple devices reached a new all-time high across product categories and markets in the latest quarter. This indicates that the sales headwinds are short-term and that the company continues to enjoy strong customer loyalty. Stock Gains The Cupertino-based gadget giant’s stock slid soon after the earnings announcement this week but bounced back quickly and rallied…
President Donald Trump has proposed 25% tariffs on Canada and Mexico, and 10% tariffs on China.
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