Month: February 2025
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple plans to open a new factory for artificial intelligence servers in […]
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Berkshire shares rise on surge in operating earnings, but questions linger about cash
Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile […]
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Here’s why Trump tariffs may raise your car insurance premiums
Key Points Annual car insurance premiums would rise by 8% in 2025 if tariffs on Canada and Mexico take effect, according to Insurify. They would rise by 5% without such duties, it said. Trump proposed a 25% tariff on imports from Canada and Mexico, which may start in March. Tariffs are expected to raise costs […]
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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Stocks making the biggest moves premarket: Domino’s Pizza, Alibaba, Rivian, Palantir Technologies & more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. […]
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Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry
The Robinhood logo is seen displayed on a smartphone screen against a computer screen displaying stock market graphs on Oct. 10, 2024. Dominika Zarzycka | Nurphoto | Getty Images The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from the SEC’s […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Rocky run Investors hope U.S. stocks will rally after a dismal end to the last trading week. Equities tumbled Thursday and Friday, and the S&P 500 and Nasdaq Composite fell 1.7% and 2.5% for the week, respectively. The Dow […]
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Voters flock to political extremes in Germany as the centrist parties stumble
Election campaign posters for (from R) the Free Democrats (FDP), the Left Party (Die Linke), The Social Democratic Part (SPD), the Green Party (Die Gruenen), and the Christian Democratic Party (CDU) line a boulevard in Berlin on January 20, 2025. John Macdougall | Afp | Getty Images BERLIN — Centrist parties struggled in Germany’s election […]
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Germany’s conservatives declare victory in Berlin. Now the hard work begins
Supporters hold up signs reading “Chancellor” and “Merz” during the final campaign event of Germany’s Christian Democratic Union party in Munich, on Feb. 22, 2025. Alexandra Beier | Afp | Getty Images The conservative alliance made up by the Christian Democratic Union (CDU) and its sister party the Christian Social Union (CSU) is set to […]
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Europe’s luxury sector is showing signs of revival — but China weakness and tariff threats loom
A Gucci luxury goods store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy. Bloomberg | Bloomberg | Getty Images Europe’s troubled luxury sector is showing signs of revival after an upbeat earnings season. But continued weakness in China — and the prospect of U.S. tariffs — could leave even the most exclusive brands […]
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