DailyEdge

Page 39 of 51

Image source: Unsplash and Wikimedia Commons (GE Aerospace logo)

GE Aerospace forecasts upbeat 2025 profit on strong demand for parts, services

GE Aerospace on Thursday forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent shortage of new aircraft.

January 23, 2025
Image source: Photo by Venti Views on Unsplash

Netflix shares jump as subscriber surge, live sports streaming fuel growth

The company’s shares soared in premarket trading on Wednesday after the company reported a blockbuster holiday quarter as a robust content line-up and its entry into live sports streaming brought in a record number of new subscribers.

January 22, 2025
Image source: Wikimedia Commons

Trade, tariffs, energy - markets react to Trump's return to office

Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump's returned to the White House.

January 21, 2025
Image source: Wikimedia Commons

Small caps lose Trump bump as rising rates sap strength

As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies has been stumbling.

January 17, 2025
Image source: Wikimedia Commons

TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial intelligence applications continued to surge.

January 16, 2025
Image source: Photo by Glenn Carstens-Peters on Unsplash

Nvidia-backed AI video platform Synthesia doubles valuation to $2.1 billion

Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, has raised $180 million in an investment round valuing the startup at $2.1 billion.

January 15, 2025
Image source: Adobe Stock

Traders brace for S&P 500’s busiest CPI day since March 2023

The S&P 500 faces its largest implied move ahead of a CPI report in nearly a year, with a potential 1% move in either direction on January 15. Robust jobs data and soaring bond yields add to the tension.

January 14, 2025
Image source: Pexels

Stocks tumble as traders cast doubt on 2025 rate cut

Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper U.S. jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway.

January 13, 2025
Image source: Wikimedia Commons and Adobe Stock

World’s biggest chipmaker TSMC posts record 2024 revenue as AI boost continues

The company posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.

January 10, 2025
Image source: Adobe Stock

Quantum Stocks Drop as Nvidia CEO Sees Use Years Away

The shares of IonQ Inc. and other companies linked to quantum computing tumbled in premarket trading on Wednesday, after Nvidia Corp. Chief Executive Officer Jensen Huang said that “very useful” quantum computers are likely decades away.

January 8, 2025