After testing the Waymo Driver in multiple cities, the company says the technology is adapting successfully to new environments, leading to the expansion. https://yhoo.it/3CuHf3Z
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Updates
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Apple reported its fiscal first quarter earnings after the bell on Thursday, beating expectations on the top and bottom lines but falling short on iPhone revenue. Sales out of the company's Greater China region were also lower than Wall Street anticipated in the quarter. The report comes after Jefferies and Loop Capital downgraded Apple’s stock last week on fears of sluggish iPhone sales. Oppenheimer also downgraded shares on Wednesday, citing slower iPhone growth. https://yhoo.it/40FP8Mc
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Intel announced its fourth quarter earnings on Thursday, beating estimates on the top and bottom lines, but falling short on Q1 guidance. Still, the company said its nascent foundry business is expected to produce meaningful external revenue by 2027. https://yhoo.it/4hB1a09
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A self-imposed Feb. 1 deadline by Donald Trump for a first round of tariffs on Canada, Mexico, and China looms in less than two days as economic observers and world leaders try to plan amid the uncertainty. A series of comments in recent days from the president and his commerce secretary pick have offered little clarity, leaving many in wait-and-see mode. https://yhoo.it/3WBtOq0
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One tool for navigating the risk of day trading is the UVXY, a derivative of the VIX — the 30-day outlook on S&P 500 volatility. Kenny Glick, owner of HitTheBid.com, explains how to trade UVXY. More: https://lnkd.in/eNngqdhh
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Mortgage rates were essentially unchanged this week, despite a stock market rout that sent skittish investors rushing into safe-haven assets. The average 30-year mortgage rate was 6.95% this week through Wednesday, compared with 6.96% a week earlier, according to Freddie Mac data. 15-year mortgage rates edged down to 6.12%, from 6.16%. https://yhoo.it/3EfEggB
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Meta reported fourth quarter earnings Wednesday that beat expectations while the company forecasted a slowdown in revenue growth in the current quarter and said expenses in 2025 would grow faster than last year. https://yhoo.it/3CiHOht
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During a press conference on Wednesday, it was clear from Fed Chair Jerome Powell's comments that several unknowns about the economic policies of the new Trump administration could have a future effect on Fed monetary policy, forcing the central bank to remain cautious about any further actions for now. https://yhoo.it/3PTv2ZZ
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The US economy grew at a slower-than-expected pace in the fourth quarter. The Bureau of Economic Analysis's advance estimate of fourth quarter US GDP showed the economy grew at an annualized pace of 2.3% during the period, below the 2.6% growth expected by economists surveyed by Bloomberg. The reading came in lower than the 3.1% growth seen in the third quarter. https://yhoo.it/40SZCcc
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Do you know how to read candlestick charts? Yahoo Finance's Jared Blikre and Kenny Glick break it down. More: https://lnkd.in/eNngqdhh

