TradeZero Blog
Coinbase earnings get boost from the Trump sea change: What Wall Street is saying.
Coinbase cashed in for the final quarter of 2024. Shares of the exchange fell slightly to $295.18 each in pre-market trading on Friday, despite a better-than-expected earnings report the night before. The pullback in the stock likely reflects its mixed guidance for the first quarter, where an increase in marketing spending could bring a sequential step-down in profit margins.
Elon Musk will withdraw his nearly $100 billion bid for OpenAI if it remains a nonprofit
Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its unusual current structure in which the world’s leading and most valuable AI company is operated by a nonprofit.
Consumer price report Wednesday expected to show inflation isn’t going away
The January consumer price index report is likely to tell a familiar story: another month, another expected miss for inflation as it relates to the Federal Reserve’s goal, with concerns aplenty about what happens from here.
Spotify founders pocket $1 billion selling booming tech stock
Spotify Technology SA’s founders recently pocketed about $1 billion from selling the audio-streaming giant’s stock as they increasingly build up investments outside the company.
AI is major earnings focus for US corporates far beyond Big Tech
The focus on artificial intelligence is spreading to stocks beyond US technology heavyweights, boosting analysts’ earnings estimates for a broader array of S&P 500 companies.
Morning Bid: Cloudy Amazon, Payrolls and a Flatter Curve
Another forecast miss from a U.S. megacap combines with caution ahead of January's employment report to keep a lid on stocks into Friday's open - with buoyant long-dated Treasuries squashing the yield curve to its flattest for the year.
Shipping giant Maersk’s shares jump 9% on profit beat despite trade uncertainty
Maersk stock jumped 9% after the shipping giant posted better-than-expected fourth-quarter results on Thursday, putting shares on course for their best daily performance since 2020.
Tech investors are aggressively buying the dip
Two market shocks less than three weeks into Trump's second presidential term have revived a playbook familiar to tech investors: "Buy the dip" is alive and kicking.
China retaliates with additional tariffs of up to 15% on select U.S. imports starting February 10
China unveiled a series of retaliatory measures against the U.S. on Tuesday, shortly after U.S. tariffs on Chinese goods took effect, raising concerns of a broader trade war between the world’s two largest economies.
Are stocks showing signs of exhaustion?
During the week of February 3 to February 7, 2025, U.S. stock markets experienced notable volatility influenced by trade policy developments, corporate earnings reports, and economic data releases.