Yahoo Finance

Big Tech earnings expected to be "solid and positive" for 2025, according to Defiance ETF CEO and CIO Sylvia Jablonski. More Trader Talk: https://lnkd.in/e2Ntiyrf

The dollar jumped after the White House said US tariffs will start Saturday as planned, adding to a volatile day that has seen currencies whipsawed by reports on one of President Donald Trump’s signature policies. Washington’s announcement wiped out earlier gains for the Mexican peso and Canadian dollar, which have been repeatedly pushed lower as Trump’s plan for tariffs crystallized. ✍️ via Bloomberg: https://lnkd.in/eMNyT4ki

US President Donald Trump is aiming to reshape the country's trade policy using one of his preferred economic tools: tariffs. In the latest Yahoo Finance Chartbook, Yale Budget Lab director of economics Ernie Tedeschi pointed out that, when taken literally, Trump's campaign proposals could increase the average effective tariff rate by anywhere from 7 to 27 percentage points. The high end of the estimate would bring the average effective tariff rate to a level not seen since 1900. "That would represent the most dramatic shift in both trade and tax policy in the US in generations," Tedeschi said. ⁠ We're chronicling the latest news and updates, from the threats to the eventual policy here: https://yhoo.it/4ghJ4z3

"When the Fed lowers rates your bank account interest is going to follow. It's not a direct relationship, but there's kind of a trickle-down effect," explains personal finance editor Molly Moorhead.

The latest reading of the Federal Reserve's preferred inflation gauge showed prices increased in line with expectations in December as inflation remained above the Fed's 2% target. The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.2% from the prior month during December, meeting Wall Street's expectations. The reading was higher than the 0.1% increase seen in November. https://yhoo.it/4jSTmJh

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

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

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

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

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