Catenaa, Monday, June 30, 2025- Amazon prices for goods made in China have gone up by 2.6%, according to an analysis of 1,400 different products conducted exclusively for Reuters by the analytics firm DataWeave. The analysis shows that price increases for those goods accelerated beginning in May, a signal that US President Donald Trump’s tariffs […]
Catenaa, Friday, July 18, 2025- American Express revenue rose by 9% in the second quarter, the company said on Friday, lifted by record credit card spending. The credit-card provider reported earnings per share of $4.08 as revenue increased 9% from the same time a year ago to $17.86 billion. Both metrics came in higher than […]
Catenaa, Wednesday, August 06, 2025- Berkshire Hathaway shares have underperformed by one of the biggest margins in decades, as Warren Buffett’s retirement as CEO nears and some investors head for the exits. Berkshire’s shares have tumbled 14% since May 2, the last trading day before 94-year-old Buffett said he would hand control of Berkshire to […]
Catenaa, Monday, April 28, 2025- US Treasury Secretary Scott Bessent said it’s “up to China” to de-escalate trade tension with the US as the Trump administration sends mixed signals on relations with China. Bessent said in an interview with CNBC on Monday it’s “up to China” to de-escalate. “As I’ve repeatedly said, I believe it’s […]
Catenaa, Thursday, May 08, 2025- Boeing shares gained on Thursday after the UK announced a $10 billion purchase of Boeing planes as part of a private sector deal following the UK-US trade deal. US Commerce Secretary Howard Lutnick announced at White House that the UK will purchase $10 billions of Boeing planes, though the details were […]
Catenaa, Wednesday, June 25, 2025- Bumble, the dating application with over 50 million users, said on Wednesday that it will lay off about 240 roles or 30% of its global staff. Bumble said it will incur non-recurring charges of about $13 million to $18 million for employee severance, benefits and related charges, primarily in the […]
Catenaa, Monday, August 11, 2025- Citigroup raised their target for the S&P 500 Index to 6,600 for year-end, saying tax cuts should offset the negative impact from tariffs on US companies. The team led by Citigroup Strategist Scott Chronert increased its year-end target for the equity index to 6,600 points from 6,300, as the index […]
Catenaa, Friday, August 01, 2025- Coinbase Global stock fell by over 15% on Friday after the largest US crypto exchange reported lower-than-estimated second-quarter revenue amid a drop in digital-asset market volatility. While revenue increased 3.3% year over year to $1.5 billion, that was still lower than analysts’ estimates of $1.59 billion and down from $2 […]
Catenaa, Tuesday, August 05, 2025- Coinbase plans to raise another $2 billion worth of debt days after posting a lacklustre earnings report, the company said on Tuesday. The offering by the biggest US-based crypto exchange is only open to qualified institutional buyers, comprising $1 billion of so-called Convertible Senior Notes due in 2029, and another […]
Catenaa, Monday, July 21, 2025- CoreWeave stock rose more than 4%% on Monday morning after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off […]
Catenaa, Monday, July 07, 2025- CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, the company said on Monday, as it looks to expand AI capacity. The deal will help in the immediate elimination of more than $10 billion of cumulative future lease overhead to be paid for […]
Catenna, Monday, March 17. 2025- D-Wave Quantum shares continued its run on Monday, following last week’s announcement that its quantum computer bested a supercomputer in a special task. D-Wave said in a press release last Wednesday announcing the publication of “a scientific breakthrough” in the journal science that its “annealing quantum computer outperformed one of […]
Catenaa, Thursday, August 07, 2025- Duolingo shares jumped more than 31% on Thursday after the language learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 […]
Catenaa, Friday, June 20, 2025- US Federal Reserve should consider cutting interest rates at its next meeting, given recent tame inflation data and short-lived shock from Trump tariffs, Fed Governor Christopher Waller said on Friday. “Any tariff inflation … I don’t think is going to be that big and we should just look through it […]
Catenaa, Thursday, April 24, 2025- US Federal Reserve sees no urgency in changing policy rates and seeks more clarity to determine the impact of Trump’s tariffs on the economy. Federal Reserve Governor Christopher Waller said in a Bloomberg interview on Thursday that given the tempo at which the Trump administration’s import taxes shift, it wouldn’t […]
Catenaa, Monday, March 03, 2025- Goldman Sachs says any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy as earnings growth for the year is revised to 9% from 11%. In a note on Monday, Goldman Sachs Strategist David Kostin said investor exposure declined last week as the […]
Catenaa, Tuesday, July 08, 2025– Goldman Sachs raised their year-end targets for the S&P 500 index to 6,600 on Tuesday, broadly driven by reduced policy uncertainty, corporate earnings and potential rate cuts. Goldman Sachs upped their target to 6,600 from 6,100, implying an upside of about 6% respectively to the last close of 6,229.28. This […]
Catenaa, Tuesday, June 03, 2025- Alphabet stock could drop between 15% and 25% if US District Judge Amit Mehta orders Google to sell off its Chrome browser, Barclays said. Barclays analyst Ross Sandler wrote in a Monday note that “the probability of a Chrome divestiture, while low, has increased in our view,” following the closing […]
Catenaa, Friday, July 25, 2025- Intel reported its second-quarter earnings on Thursday, beating on revenue but missing on earnings per share due to impairment charges. The company said it is cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Intel also offered an upbeat Q3 revenue […]
Catenaa, Friday, April 25, 2025- Intel Corporation posted a revenue of $12.7 billion, flat year-over-year in the first quarter, and offers a gloomy outlook for the next quarter with reduced revenue expectation. Intel on Thursday said that its first quarter earnings per share was recorded at $0.13 beating market estimate of $0.12. The chipmaker forecasts […]
Catenaa, Tuesday, July 22, 2025- Lockheed Martin second-quarter profit plunged by about 80%, the company reported on Tuesday, after recording pre-tax losses of $1.6 billion, mainly linked to a classified program within its Aeronautics segment. The net income of the US defense giant fell to $342 million, or $1.46 per share, compared with $1.64 billion, […]
Catenaa, Monday, August 12, 2025- Long Magnificent 7 stocks have been the most crowded trade in August as upbeat earnings and improved sentiment towards the global economy send investors back into stocks. According to a survey done by Bank of America, 45% of the 169 participants, who have $413 billion in assets under management, said […]
Catenaa, Thursday, July 31, 2025- Meta, parent company of Facebook, reported its second-quarter earnings on Wednesday, where its revenue jumped by over 21.5% year-over-year, outperforming market expectations. For Q2, Meta saw earnings per share (EPS) of $7.14 on revenue of $47.5 billion. Analysts were anticipating EPS of $5.89 on revenue of $44.83 billion, according to […]
Catenaa, Thursday, July 31, 2025- Microsoft reported its fiscal fourth quarter earnings on Wednesday, where net income rose by 24% from last year, driven by revenue from cloud and AI services. “Cloud and AI is the driving force of business transformation across every industry and sector,” Microsoft CEO Satya Nadella said in a statement. “We’re […]
Catenaa, Wednesday, July 16, 2025 – US top investment banks, Morgan Stanley and Goldman Sachs, reported net revenues over 11% in the second quarter as the volatile equity market drove trading revenue to record highs. Investors flocked to markets to make trades and manage tariff-related risks as US trade policies shifted. The turmoil boosted trading […]
Catenaa, Friday, June 27, 2025- Nike shares jumped by over 15% on Friday after the company said it’s shifting some production away from China and warned of $1 billion loss from US tariffs. Nike is not the first retail company to warn of price hikes. Walmart said last month that its customers will start to […]
Catenaa, Wednesday, July 09, 2025- Nvidia became the first publicly traded company to hit the $4 trillion mark on Wednesday after its share price hit a record high of $164.27 as generative AI hype continues. The chipmaker surpassed fellow tech players, including Microsoft and Apple, and Nvidia’s stock price is up 22% year-to-date and 24% […]
Catenaa, Wednesday, July 02, 2025- Nvidia reclaimed the top spot among the most valued companies worldwide in June, as its shares gained to an all-time high of $158 with renewed optimism on AI leadership. The chipmaker’s market value stood at $3.86 trillion at the end of June, about 4.3% higher than Microsoft $3.69 trillion valuation. […]
Catenaa, Tuesday, June 24, 2025- Nvidia has started selling its stock under a plan by CEO Huang that allows it to offload up to $865 million worth by year’s end. Chief Executive Officer Jensen Huang disposed of 100,000 shares over two days on June 20 and June 23, for $14.4 million, according to a filing […]
Catenaa, Thursday, June 26, 2025- Nvidia Stock rose to an all-time high on Wednesday as it gained over 4% pushing the company’s market cap to about $3.77 trillion. The AI chipmaker cements the company as one of the most valuable companies in the world. The record is only the latest milestone for the company has […]
Catenaa, Monday, July 28, 2025- Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, betting on easing trade tensions and strong corporate earnings. The asset manager raised its S&P 500 year-end target to the highest level among the Wall Street brokerages, and its current target implies an 11.13% […]
Catenaa, Wednesday, June 04, 2025– Palantir Technologies’ rally shows no sign of letting up, with the stock gaining 71% so far in the year as investors remain captivated by its artificial intelligence promise. Shares of the data-analysis software company closed at a record for a third consecutive day Tuesday, but were down by 3.4% on […]
Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]
Catenaa, Monday, July 21, 2025- The S&P 500 and tech-heavy Nasdaq touched all-time highs on Monday, as investors hoped for trade breakthroughs and geared up for a week of tech earnings that could set the tone for US stocks. The S&P 500 gained 18.34 points, or 0.29%, to 6,315.13 and the Nasdaq Composite gained 110.40 […]
Catenaa, Wednesday, May 14, 2025– Tencent Music’s share jumped over 14% on Wednesday after it posted a net profit gain of over 22% year over year, driven by online music services. The Chinese Music giant recorded a total revenue of $1.01 billion, representing an 8.7% year-over-year increase, primarily due to strong year-over-year revenue growth from […]
Catenaa, Monday, August 04, 2025- Tesla has granted 96 million new shares worth about $29 billion to CEO Elon Musk, as he fights a court ruling that voided his original pay deal for being unfair to shareholders. In 2024, a Delaware court voided Musk’s 2018 compensation package, valued at over $50 billion, citing Tesla board’s […]
Catenaa, Monday, June 09, 2025- Tesla stock was hit by two downgrades on Monday as analysts claim Elon Musk’s electric-vehicle company is facing a highly uncertain political outlook. “Looking ahead, we are concerned that the war of words between President Trump and Elon Musk, along with expiration of EV credits, could further weaken demand for […]
Catenaa, Wednesday, February 26, 2025- Tesla lost its $1 trillion market cap on Tuesday, as news of its vehicle sales falling 45% in January pushed its stock prices down 8%. European Automobile Manufacturers’ Association said Tesla sold 9,945 vehicles in Europe in January, a 45% fall from the same period one year ago, as Tesla’s share of […]
Catenaa, Thursday, June 05, 2025- Tesla shares dropped by over 10% on Thursday as US President Donald Trump and Elon Musk feuded over the tax bill. “I’m very disappointed, because Elon knew the inner workings of this bill better than almost anybody sitting here, better than you people,” Trump said to reporters in the Oval […]
Catenaa, Monday, June 23, 2025- Tesla stocks gained about 10% on Monday after its driverless Robotaxi finally hit the road over the weekend. The EV giant debuted autonomous rides in Austin, Texas, on Sunday, opening the service to a limited number of riders by invitation only. CEO Elon Musk said in a post on the […]
Catenaa, Monday, May 12, 2025- US stocks such as Tesla and Nvidia, which were battered by the trade war between Trump and China, were trading higher on Monday after talks reduced tariffs. Two days of trade talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop […]
Catenaa, Friday, May 30, 2025- US President Donald Trump accused China on Friday, saying that China had “violated” its trade deal with the US, which pushed stocks down amid fears of re-escalating trade tensions. “China was in big trouble two weeks ago” due to the high tariffs set by the US, Trump said in Truth […]
Catenaa, Thursday, August 07, 2025- US President Donald Trump will sign an executive order on Thursday that aims to allow private equity, real estate, cryptocurrency and other alternative assets in 401(k)s. The executive order will direct the US Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans […]
Catenaa, Monday, July 21, 2025- TSMC market value closed above $1 trillion for the first time in Taipei last week, with a raised sales forecast driven by robust artificial intelligence demand. Taiwan Semiconductor Manufacturing Company, main supplier of chips to Apple and Nvidia, saw its Taiwanese shares climb to a record high on Friday, a […]
Catenaa, Friday, June 06, 2025- US economy added 139,000 jobs in May as the labor market stays resilient despite economic uncertainty around President Trump’s tariffs. Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2%, the Bureau of Labor Statistics reported on Friday. Employment continued to trend up […]
Catenaa, Monday, June 16, 2025- Stocks of newly listed public companies are surging in their first sessions at the fastest pace since 2021, a Bloomberg report said on Monday, as investors’ appetite increases for US stocks. Data compiled by Bloomberg, with conservative cable channel Newsmax Inc.’s wild 735% opening gain in March, following its $75 […]
Catenaa, Monday, June 02, 2025- US stocks fell on Monday after China hit back at US President Trump’s claim that China had violated the trade deal they arrived at in Geneva. The Dow Jones Industrial Average fell over 0.7%, the S&P 500 declined nearly 0.6%, while the tech-heavy Nasdaq Composite ticked lower by about 0.1%. […]
Catenaa, Friday, June 13, 2025- US stocks fell on Friday as Israel’s attack on Iran’s nuclear facilities shook global markets, leading oil prices and gold prices to spike amidst uncertainty. The Dow Jones Industrial Average tumbled roughly 1.4%, the S&P 500 dropped 0.9%, while the Nasdaq Composite fell by 0.9%, as investors withdrew from riskier […]
Catenaa, Monday, May 19, 2025- US Stocks fell on Monday after Moody’s downgraded the US credit rating last week, causing Treasury yields to spike. The Dow Jones Industrial Average was down by 0.15% or 65 points, the S&P 500 was down by 0.4%, while the Nasdaq Composite shed 0.5%. On Friday, Moody’s downgraded the US […]
Catenaa, Monday, June 16, 2025- US stocks rebounded sharply on Monday after a selloff on Friday, amid a report that Tehran is looking to de-escalate the conflict with Israel. The Dow Jones Industrial Average rose roughly 1.1% %, while the S&P 500 also moved up 1.1%. The Nasdaq Composite gained 1.5%. The cautious optimism follows […]
Catenaa, Wednesday, April 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]
Catenaa, Thursday, May 08, 2025- US announced its first trade deal since the announcement of reciprocal tariffs in April with the UK on Thursday, which looks to cut down on tariffs on cars, steel and aluminum. It’s a “tremendous trade deal for both countries,” Trump said Thursday in the Oval Office. “This is a fantastic, […]
Catenaa, Thursday, May 15, 2025- Walmart said that price hikes will have to come despite lowered China tariffs, the retailer said on Thursday, as it won’t be able to absorb all the price pressures. “We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even […]
Catenaa, Thursday, February 20, 2025 – Walmart global sales grew by 16% in 2024, the earnings report for the fourth quarter released on Thursday showed, as the e-commerce giant records more than expected profits FY2025. Walmart’s global e-commerce sales grew 16%, led by store-fulfilled pickup & delivery and the US marketplace, while growth was negatively affected by […]