Day: February 4, 2025

Asia-Pacific markets set to rise as Wall Street looks past trade developments
World

Asia-Pacific markets set to rise as Wall Street looks past trade developments

Classic Chinese courtyard featuring a stage and red lanterns hanging Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets were set to mostly climb Wednesday, as Wall Street rose overnight, shrugging off Trump tariffs and China’s retaliation to measures. All eyes will be on China, which will resume trading after the Lunar New Year holidays. The […]

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South Korea consumer inflation rose 2.2% in January, above market expectations
World

South Korea consumer inflation rose 2.2% in January, above market expectations

The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s consumer inflation quickened to a six-month high in January, government data showed on Wednesday, coming in higher than market expectations on pressure from a weak local currency. The consumer price index (CPI) rose 2.2% from a year earlier, after climbing 1.9% in the previous month, […]

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S&P 500 futures fall after latest earnings, Alphabet’s revenue miss: Live updates
World

S&P 500 futures fall after latest earnings, Alphabet’s revenue miss: Live updates

Traders work on the floor of the New York Stock Exchange on Jan. 28, 2025 in New York City. Michael M. Santiago | Getty Images S&P 500 futures fell Tuesday night following a revenue miss from Google-parent Alphabet, after the major averages had closed out the regular session higher. S&P 500 futures and Nasdaq 100 […]

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Snap shares soar on better-than-expected profit and revenue
Technology

Snap shares soar on better-than-expected profit and revenue

Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations: Earnings per share: 16 cents adjusted vs. 14 cents expected, according to LSEG Revenue: $1.56 billion vs. $1.55 billion expected, according to LSEG  Global daily active users: 453 million vs. 451.1 million […]

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AMD reports profit beat, but misses on data center revenue
Technology

AMD reports profit beat, but misses on data center revenue

AMD CEO Lisa Su. Courtesy: AMD Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings, but the stock fell about 6% in extended trading as the company missed estimates in its key data center segment. Here’s how the chipmaker did, versus LSEG consensus estimates for the quarter […]

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Watch Live: Trump and Israel’s Netanyahu hold joint press conference
Politics

Watch Live: Trump and Israel’s Netanyahu hold joint press conference

[The stream is slated to start at 5:50 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump and Israeli Prime Minister Benjamin Netanyahu are holding a joint press conference at the White House Tuesday, as a fragile ceasefire in Gaza continues to hold. Netanyahu […]

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Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Business

Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico

Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025. Ulises Ruiz | Afp | Getty Images Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only […]

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Match appoints Zillow co-founder Spencer Rascoff as CEO
Technology

Match appoints Zillow co-founder Spencer Rascoff as CEO

FILE PHOTO: Spencer Rascoff, co-founder and executive chairman of dot.LA, speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images Match Group announced on Tuesday that Zillow co-founder Spencer Rascoff will serve as its new CEO. Rascoff, who has served as a […]

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Stocks making the biggest moves after hours: Alphabet, Chipotle Mexican Grill, Snap and more
Finance

Stocks making the biggest moves after hours: Alphabet, Chipotle Mexican Grill, Snap and more

Check out the companies making headlines after hours: Alphabet — Shares dropped 7.4% after Google parent Alphabet posted a revenue miss . Fourth-quarter revenue of $96.47 billion fell short of the $96.56 billion expected by analysts polled by LSEG. On the other hand, earnings per share of $2.15 exceeded the $2.13 consensus estimate. Chipotle Mexican […]

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Alphabet expects to invest about  billion in capital expenditures in 2025
Technology

Alphabet expects to invest about $75 billion in capital expenditures in 2025

Sundar Pichai, CEO of Google and Alphabet Inc., speaks at the inaugural 2024 Business, Government, and Society Forum at the Stanford Graduate School of Business in Stanford, California, U.S., April 3, 2024.  Carlos Barria | Reuters Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build […]

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