Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
Bonds from Japan and China are moving in opposite directions, and it may soon create an opportunity not seen in two decades. The spread or the gap between the Japanese 10-year government bond yield and China’s 10-year government bond yields is approaching zero,
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% on the year at $69.
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
Buffer ETFs, also known as defined-outcome ETFs, use options contracts to limit losses while capping upside potential for the indexes they track. This type of fund has become particularly popular since 2022, when the Federal Reserve hiked interest rates to combat inflation, sending the stock market into a tailspin.
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.
A.O. Smith missed top- and bottom-line estimates in its latest earnings release, with noticeable weaknesses impacting its overall growth trajectory.
Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering options clearer.