Catenaa, Saturday, February 08, 2025 – One of the magnificent seven companies Amazon, posted strong fourth-quarter earnings, with revenue rising 10% to $187.8 billion and profits hitting $20 billion, surpassing Wall Street expectations. However, its stock slipped in after-hours trading after the company projected lower-than-expected revenue for the current quarter. The e-commerce giant forecasted first-quarter […]
Catenaa, Monday, April 21, 2025-US retail investors could trigger major sell-offs of Chinese companies’ American depositary receipts (ADRs) if the Trump administration moves to sever financial ties with China, Goldman Sachs warned Wednesday. In a report, the bank said individual investors in the U.S. held around $370 billion worth of Chinese ADRs, making them especially […]
Catenaa, Sunday, April 20, 2025-Investors are retreating from the US dollar and Treasurys as President Donald Trump’s sweeping tariffs stoke fears of economic instability and drive volatility in global markets. Since Trump’s latest tariff hike — the largest since 1909 — the dollar has lost nearly 10% of its value, hitting a three-year low against […]
Catenaa, Tuesday, April 22, 2025-Global Payments Inc. shares plummeted 17% Thursday after the company announced a $24 billion acquisition of Worldpay, marking a major reshuffling of the payments industry. At the same time, Global Payments said it would divest its Issuer Solutions business to Fidelity National Information Services (FIS) for $13.5 billion. The company said […]
Catenaa, Saturday, April 19, 2025-US stock futures declined late Tuesday as investors reacted to a steep drop in Nvidia shares and braced for key economic data due Wednesday. The S&P 500 futures fell 0.9%, while Nasdaq 100 futures dropped 1.3%. Dow futures were down about 0.5% following a choppy regular session that saw all three […]
Catenaa, Friday, January 17, 2025 –The S&P 500 is projected to reach a peak in early 2025, but market analysts caution a potential decline of 10-15% later in the year as economic growth slows and inflation pressures persist. This outlook follows a strong 2024 performance, with the index gaining nearly 24%, sparking concerns about sustainability. […]
Catenaa, Wednesday, March 19, 2025-Tesla shares fell another 5% Tuesday, continuing a steep downward trend as Wall Street analysts raised concerns about the electric vehicle maker’s global sales and competitive standing, particularly in China. The stock’s decline follows a 5% drop on Monday, extending a losing streak that could mark nine consecutive weeks of losses. […]
Catenaa, Thursday, April 17, 2025- Tesla shares have officially entered a “death cross,” a technical indicator that often signals extended market weakness, amid a turbulent stretch for the electric vehicle maker, a report said. The development, flagged this week by Business Insider, occurs when a stock’s 50-day moving average falls below its 200-day moving average. […]
Catenaa, Wednesday, April 09, 2025-European stocks plunged Wednesday morning after US President Donald Trump’s sweeping reciprocal tariffs took effect, triggering sharp declines across sectors and deepening investor unease over a mounting global trade conflict. The pan-European Stoxx 600 index dropped 2.9% in early trade, with healthcare, mining and energy stocks leading losses. France’s CAC 40 […]
Catenaa, Friday, January 17, 2025 – Taiwan Semiconductor Manufacturing Company (TSMC) announced a strong fourth-quarter performance, with revenue of NT$868.46 billion (US$26.88 billion) for the period ending December 31, 2024. The company reported a 38.8% year-over-year increase in revenue, with net income rising 57.0% to NT$374.68 billion and earnings per share (EPS) hitting NT$14.45 (US$2.24 […]