Day: February 3, 2025
Stock futures jump after Trump pauses Canada tariffs: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on February 03, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures rose Monday night after U.S. President Donald Trump paused planned tariffs on goods from Canada, just hours after a reprieve was also announced on planned […]
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How DeepSeek’s new AI models are impacting the profits of global companies
China’s DeepSeek shook global stock markets after revealing that it had built a powerful artificial intelligence model for a mere $6 million. While some have disputed the shockingly low cost of developing the AI models, most agree that DeepSeek has sharply cut the on-going cost of running powerful AI models and that the firm’s decision […]
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Stocks making the biggest moves after hours: Palantir, NXP Semiconductors, Kyndryl and more
Check out the companies making headlines in after-hours trading: Palantir Technologies — Shares of the defense tech company surged 21% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter, and gave better-than-expected guidance for the full year. The company reported adjusted earnings of 14 cents per share while analysts polled […]
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Trump pauses tariffs on Canada for at least 30 days, Trudeau says
Canada’s Prime Minister Justin Trudeau looks on during a press conference while responding to U.S. President Donald Trump’s orders to impose 25% tariffs on Canadian imports, in Ottawa, Ontario, Canada February 1, 2025. Patrick Doyle | Reuters President Donald Trump on Monday agreed to pause the implementation of planned U.S. tariffs on imports from Canada […]
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Apple shares fall on concern Trump tariffs on China will hit profit
Apple CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardopedro Pardo | Afp | Getty Images Apple shares fell more than 3% on Monday after President Donald Trump announced 10% tariffs on China, where the company assembles the majority of its products. Apple’s decline was steeper than all […]
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Palantir shares surge 15% after company posts strong earnings and outlook
Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, US, on Thursday, March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares surged more than 15% in extended trading on Monday after the software company reported fourth-quarter earnings […]
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Temu parent PDD’s stock tumbles as Trump tariffs close trade loophole
Jakub Porzycki | Nurphoto | Getty Images Shares of Temu parent PDD Holdings closed down 5.9% on Monday, after President Donald Trump’s tariffs announcement signaled the end of a trade loophole used by the Chinese e-commerce giant and other online retailers. Trump on Saturday signed executive orders imposing 25% tariffs on imports from Canada and […]
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Look to these steady income-producing investments if 2025 is a volatile market year
With 2025 already off to a volatile start, investors may want to look for steady investments that can earn solid income. On Monday, markets were rocked after President Donald Trump over the weekend slapped 25% tariffs on goods from Canada and Mexico, and a 10% duty on imports from China, effective Tuesday. After initially tanking […]
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Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool […]
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Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla shares slid about 5% on Monday after President Donald Trump announced plans for extensive tariffs on […]
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