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    Olin downgraded at RBC Capital Markets on shaky demand recovery​on February 4, 2025 at 12:57 pm

    By MAK GojarFebruary 4, 2025

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    Markets News

    Petrobras production declined in 2024 but met company target​on February 4, 2025 at 12:59 pm

    By MAK GojarFebruary 4, 2025

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    Markets News

    Senate confirms fracking executive Chris Wright as Trump’s energy secretary​on February 4, 2025 at 1:11 am

    By MAK GojarFebruary 4, 2025

    The U.S. Senate on Monday confirmed Chris Wright, a fracking executive, to be President Donald Trump’s energy secretary.The U.S. Senate on Monday confirmed…

    Markets News

    Temu parent PDD’s stock tumbles as Trump tariffs close trade loophole​on February 3, 2025 at 9:05 pm

    By MAK GojarFebruary 4, 2025

    PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.PDD-owned…

    Markets News

    Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says​on February 4, 2025 at 8:41 am

    By MAK GojarFebruary 4, 2025

    Asia’s “nascent capital market” needs a catalyst — but investors shouldn’t be deterred from investing in the region’s private markets,…

    Markets News

    DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama​on February 4, 2025 at 6:08 am

    By MAK GojarFebruary 4, 2025

    DeepSeek’s success represents a victory for open-source artificial intelligence models such as Meta’s Llama, industry experts told CNBC.DeepSeek’s success represents…

    Markets News

    Nintendo posts profit miss as it slashes Switch forecast again ahead of console’s successor​on February 4, 2025 at 8:12 am

    By MAK GojarFebruary 4, 2025

    Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company’s near eight-year-old Switch…

    Markets News

    Flexport CEO breaks down the complex and uncertain global trade landscape​on February 4, 2025 at 12:50 am

    By MAK GojarFebruary 4, 2025

    Flexport CEO Ryan Petersen detailed how his customers are dealing with a volatile global trade environment in a Monday interview…

    Markets News

    Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty​on February 4, 2025 at 12:05 pm

    By MAK GojarFebruary 4, 2025

    The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced…

    Markets News

    China to launch probe into Google over alleged antitrust violations​on February 4, 2025 at 10:38 am

    By MAK GojarFebruary 4, 2025

    China’s regulatory body said it would begin an antitrust investigation into Google over alleged anti-competitive market behavior.China’s regulatory body said…

    Markets News

    HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump​on February 4, 2025 at 12:00 pm

    By MAK GojarFebruary 4, 2025

    Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps…

    Markets News

    What Trump’s new tariffs could mean for 10 portfolio stocks including Amazon and TJX​on February 3, 2025 at 10:12 pm

    By MAK GojarFebruary 4, 2025

    The impact of higher import duties varies across the portfolio. Some companies may even benefit.The impact of higher import duties…

    Markets News

    UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress​on February 4, 2025 at 9:54 am

    By MAK GojarFebruary 4, 2025

    UBS revealed plans for up to $3 billion of share repurchases over the course of 2025.UBS revealed plans for up…

    Markets News

    Palantir is surging after a big earnings beat. Here’s what analysts had to say​on February 4, 2025 at 12:38 pm

    By MAK GojarFebruary 4, 2025

    Analysts liked what they heard from Palantir after the software company reported another strong quarter and issued rosy guidance.Analysts liked…

    Markets News

    Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out​on February 3, 2025 at 10:29 pm

    By MAK GojarFebruary 4, 2025

    Bessent, a former hedge-fund manager, was confirmed as head of the Treasury Department last week.Bessent, a former hedge-fund manager, was…

    Markets News

    White House says Elon Musk serving as a ‘special government employee’​on February 4, 2025 at 12:32 am

    By MAK GojarFebruary 4, 2025

    Musk’s SpaceX has won billions in government contracts with the federal government, which critics have said is a potential conflict…

    Markets News

    Vanguard announces fee cuts for nearly 100 funds, including ETFs with billions of dollars in assets​on February 3, 2025 at 6:52 pm

    By MAK GojarFebruary 4, 2025

    The asset manager said this is its biggest fee cut ever and will save investors about $350 million this year.The…

    Markets News

    Renter affordability has improved — here’s what’s behind the trend​on February 3, 2025 at 6:52 pm

    By MAK GojarFebruary 4, 2025

    The cost to rent is coming down faster in some areas of the U.S. than others. Here are some of the…

    Markets News

    Palantir shares rocket 22% after company posts strong earnings and outlook​on February 3, 2025 at 11:55 pm

    By MAK GojarFebruary 4, 2025

    Palantir’s earnings report follows a historic rally in the stock last year.Palantir’s earnings report follows a historic rally in the…

    Markets News

    ‘Strongman’ leaders of Europe don’t look so strong anymore​on February 4, 2025 at 10:01 am

    By MAK GojarFebruary 4, 2025

    “Strongman” leaders in Europe — allied with the likes of President Donald Trump and Russia’s Vladimir Putin — look increasingly…

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