January 30 news, U.S. stocks opened, the Dow rose 0.07%, the S & P 500 index rose 0.38%, the Nasdaq rose 0.30%. IBM (IBM. N) rose about 9%, Q4 results and guidance exceeded expectations. Microsoft (MSFT. O) fell about 5%, Azure Cloud as a Service growth in the last quarter was lower than expected. Tesla (TSLA. O) rose 4.8%, expecting the auto business to return to growth this year. Nokia (NOK. N) rose 8%, Q4 sales beat market expectations.
January 29 news, the U.S. stock market opened, the Dow fell 0.01%, the S & P 500 index fell 0.12%, the Nasdaq fell 0.18%. ASML. O rose about 6%, Q4 results exceeded expectations. Trump Media Technology Group (DJT. O) rose about 11%, will join hands with Schwab to enter the financial services sector. Alibaba (BABA. N) rose 3%, artificial intelligence model Qwen 2.5-Max officially released. T-Mobile US (TMUS. O) rose 7%, Q4 revenue and profit exceeded expectations. NVIDIA (NVDA. O) fell more than ...
January 28 news, U.S. stocks opened, the Dow rose 0.07%, the S & P 500 index rose 0.24%, the Nasdaq rose 0.39%. Semiconductor stocks rebounded, NVIDIA (NVDA. O) rose nearly 3%, the company responded to DeepSeek's new model saying that the reasoning of AI models still requires a lot of use of NVIDIA products. Broadcom (AVGO. O) rose 2.5%, Oracle (ORCL. N) rose 2.7% and TSMC (TSM. N) rose 1.3%. Boeing (BA. N) rose 4.7%, and the CEO expected to deliver more than 30 737 aircraft in January. General ...
January 24th news, U.S. stocks closed on Thursday, the Dow initially closed up 0.92%, the S & P 500 index rose 0.53% to a record high, the Nasdaq rose 0.22%. Micron Technology (MU. O) fell 4%, Arm (ARM. O) fell 7%, Netflix (NFLX. O) rose 3%. Nasdaq China Golden Dragon index closed up 0.13%.
U.S. Rep. Gerald Connolly, Democrat of Virginia, has called on the U.S. House Oversight and Government Reform Committee to investigate whether President Trump's cryptocurrency enterprise conflicts with his presidential duties. Connolly said in a Jan. 21 letter to committee Republican Chairperson James Comer that Trump may have been removed from his W...
The official website of the Department of Government Efficiency (D.O.G.E.) has changed its logo. Although the new logo no longer uses the logo of Dogecoin, it still retains the Shiba Inu element, which was previously shared by Musk on the X platform.
The Democratic leader of the U.S. House Financial Services Committee, California Rep. Maxine Waters, echoed the concerns of many cryptocurrency users and lawmakers who have accused Trump of harming legitimate projects in the cryptocurrency industry with the launch of Meme. Waters said in a statement on Jan. 20 that Official Trump (TRUMP) represents "the worst of Crypto" and...
Congressional Budget Office (CBO): The projected U.S. budget deficit for fiscal year 2025 is $1.865 trillion, while the budget deficit for fiscal year 2024 is $1.832 trillion. Under current law, the U.S. public debt is projected to reach 99.9% of GDP by 2025 and rise to 118.5% in fiscal year 2035.
According to Reuters, three people familiar with the matter said that top Republican officials at the Securities Exchange Commission (SEC) are preparing to begin reforming the agency's cryptocurrency policy as early as next week after Trump takes office. According to two of the people familiar with the matter, the measures being considered by Commissioners Hester Peirce and Mark Uyeda include initiating procedures to finalize guidance or rules on when the agency considers cryptocurrencies to be ...
The Securities and Exchange Commission on Tuesday filed a lawsuit in federal court in Washington, D.C., against Musk for alleged securities violations. The SEC said Musk violated federal securities laws by purchasing more than 9% of Twitter's common stock in March 2022 but failing to disclose the relevant information in a timely manner. The delay was 11 days before Musk publicly disclosed his beneficial ownership in a report to the SEC on April 4, 2022. The delay allowed Musk to continue to pay ...
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve. With the inflation outlook more favorable, a rate cut in March remains more likely.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve.
January 10 news, U.S. stocks opened lower, the three major stock indexes fell more than 1%. The Dow fell about 1.1%, the S & P 500 fell about 1.4%, and the Nasdaq fell about 1.9%.
According to Fox reporter Eleanor Terrett, the US House Financial Services Committee has officially announced the new leadership structure. Among them, Bryan Steil (WI-01) will serve as the chairperson of the digital assets, financial technology and artificial intelligence subcommittee, Bill Huizenga (MI-04) will serve as the vice chairperson of the committee, and Mike Haridopolos (FL-08) will serve as the committee whip. Among other key appointments, Ann Wagner (MO-02) will lead the capital mar...
January 6 news, the U.S. stock market opened, the three major stock indexes opened higher, the Dow rose 0.3%, the S & P 500 index rose 0.75%, the Nasdaq rose 1.17%. Star technology stocks are mostly higher, NVIDIA (NVDA. O) rose about 2.8%, the market is expected to release the new RTX 5090/5080 graphics card at tomorrow's CES technology event; ASML (ASML. O) rose more than 5%, TSMC (TSM. N) rose 4.9%. Automotive AI technology company Cerence (CRNC. O) rose more than 20%, the company announced t...