Latest News View More Reeves claims workers’ rights will boost the economy – the evidence says otherwise “First and foremost, it is businesses, investors and entrepreneurs who drive economic growth,” Rachel Reeves declared in her set-piece speech on growth. Labour was building a “government that systematically removes the barriers that they face – one by one – and has their back”, the Chancellor boasted. The Telegraph • 11 minutes ago India axes import tax on some smartphone parts in boost to Apple, Xiaomi India Cuts Taxes to Spur Spending, Lowers Budget Gap Target Robinhood's media arm Sherwood lays off some staff as it looks to 'streamline team structure' JPMorgan is deeply skeptical of Wall Street's upbeat reaction to Tesla's earnings Jeff Bezos and Elon Musk might be ‘best friends,’ and now Amazon reportedly plans to buy ads on X Philippine Central Banker Sees Slower Rate Cut Pace This Year Stock Market News View More What Analysts Think of Palantir Stock Ahead of Earnings Palantir Technologies is set to report fourth-quarter results after the market closes Monday, with analysts expecting revenue and adjusted earnings growth. Investopedia • 8 hours ago PLTR Texas Stock Exchange files to operate nationally, eyes trading in early 2026 Stablecoins are finding product-market fit in emerging markets Trump tariff promises unnerve markets but leave questions Nvidia’s DeepSeek Drop Has Wall Street Fixated on Key Stock Mark Dangerous Week on Wall Street Fires Up ‘Diversify Or Else’ Bets Stocks Jolted by Tariff Anxiety as Dollar Climbs: Markets Wrap Earnings View More Amazon is jumping on the DeepSeek wave to boast about its AI game. But the real test will be its upcoming earnings As AWS added China's DeepSeek's RI model to its customer menu of cloud AI services, company execs said the upstart AI company proved Amazon's AI playbook is the right one. Fortune • 9 hours ago AMZN Analysis-Looming tariffs worry Wall Street over earnings hit, inflation pressure Apple Stock Price Levels to Watch After Earnings Report as iPhone Upgrades in Focus 'Better than feared': Apple’s earnings beat appeases Wall Street despite iPhone sales miss First look: ArcBest Q4 earnings RBC Bearings’s (NYSE:RBC) Q4 Earnings Results: Revenue In Line With Expectations Q3 Earnings Outperformers: Masco (NYSE:MAS) And The Rest Of The Home Construction Materials Stocks Earnings are 'the key pillar' for markets right now Truist co-chief investment officer and chief market strategist Keith Lerner joins Morning Brief to discuss earnings season, share his market outlook, and highlight key trends and opportunities for 2025. Lerner explains that forward earnings trends have been "the key pillar ... the most steady part of this bull market." With forward earnings estimates continuing to reach new highs and the current quarter's beat rate around 5% above expectations, Lerner remains confident in the market's bullish trajectory. According to Lerner, the only thing that has "shifted" is the broadening market performance, with 10 out of 11 sectors posting gains. He identifies promising sectors, including communications services, technology, mid caps, and financials. "It's not just one or two sectors that are driving this right now," he emphasizes, suggesting more diversified investment opportunities. Regarding potential policy impacts, Lerner notes that "markets are all about expectation and how things come in relative to expectation." He anticipates that if implemented, Trump's policies could "invoke volatility at some point." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith 04:06 Biden's inflation problem is now Trump's. How he's handling it. 01:06 DeepSeek AI, Big Tech earnings, Fed decision: ICYMI 04:38 'Portion' of tariffs likely to pass on to US consumers: Analyst 03:19 Exxon, Chevron earnings: Analyst eyes oil giants' free cash flows From the Yahoo Finance Newsroom View More How couples can achieve more fairness in their household finances How oil emerged as a central sticking point in the Trump tariff talks Trump 2.0 will test how voters measure prosperity Goldman Sachs says go 'long gold' amid tariff uncertainty New inflation reading reinforces Fed's go-slow strategy 2 charts show why markets are skittish about Trump's tariff policy Stock market today: Dow, S&P 500, Nasdaq stumble as Trump recommits to sweeping tariffs on Saturday Why this 50-year-old restaurant chain has a stock that's smoking Nvidia's Premium News View More The Zuckerberg-Musk Double Act Early Google Employee Who Negotiated Apple Search Deal Has Departed Equity Markets Retreat as Tariffs Loom Oil Rig Count Rises, Crude Prices Headed for Weekly Declines as Tariffs Loom Walgreens Shares Slump After Dividend Suspension; RBC Sees Move Helping Turnaround Efforts Macro Data, Corporate Earnings Leave Equities Mixed Intraday Fed's Bowman Calls for Gradual Approach to Policy Adjustment Amid Upside Inflation Risks Charter Communications Tops Quarterly Views Amid Residential Mobile Service Revenue Boost Housing View More How to get a mortgage: Process and tips to boost eligibility Mortgage and refinance rates today, January 31, 2025: How can you snag a rate under 7%? 25 Cities That Could Have the Most Stable Housing Markets by the End of 2025 Average rate on 30-year mortgage eases for second week in as row, but remains just below 7% Mortgage rates stay stuck near 7% Mortgage Rates in US Inch Down, Keeping 30-Year Loans Below 7% 20 Cities Earning the Least Money for Real Estate Investors Fewer homes went under contract in December amid high rate pain Personal Finance Money market account rates today, January 31, 2024 (up to 4.75% APY return) Yahoo Personal Finance • 21 hours ago Savings interest rates today, January 31, 2025 (up to 4.75% APY return) 7 things to know about the Hilton Aspire Card Tech OpenAI used this subreddit to test AI persuasion TechCrunch • 8 hours ago RDDT Nvidia CEO Huang Meets Trump at White House on Friday Factbox-US imports of Canadian and Mexican crude oil by company Crypto Here are the most common red flags for crypto scams in 2025 TheStreet • 4 hours ago How Trump’s incoming tariffs may threaten crypto markets First-time crypto buyers face highest risks from Trump meme coin More News UPS Earnings Top Views But Shipping Giant Dives On Amazon News United Parcel Service announced on Wednesday that it will slash business with a key customer along with mixed fourth-quarter results. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half of 2026." On Wednesday, UPS also revealed it has cut ties with USPS (United States Postal Service) for last-mile delivery of SurePost packages. Putin approves sale of Goldman Sachs' Russian unit to Armenian fund President Vladimir Putin has authorised Armenian investment fund Balchug Capital's purchase of Goldman Sachs' unit in Russia, a government decree published on Friday showed, potentially paving the way for the U.S. bank to fully withdraw from Russia. Moscow has steadily tightened restrictions on foreign asset sales since the start of the conflict in Ukraine, with banks requiring Putin's approval for any deal. A source confirmed Goldman Sachs had entered into a binding agreement to dispose of its Russian subsidiary, subject to various conditions. US inflation increases in December; consumer spending robust U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon. While the report from the Commerce Department on Friday showed a modest gain in prices excluding the volatile food and energy components on a monthly basis, the annual increase in the so-called core inflation has not slowed since October. The policy statement accompanying the decision did not include the reference to inflation having "made progress" toward the Fed's 2% target. Tesla Likely To Sell Optimus To Rivals In 2026, Elon Musk Says Revenue Potential Of Bot North Of $10 Trillion: 'It's Real Bananas' Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Wednesday said that the company intends to make several thousand units of its Optimus humanoid robot this year for deployment in its own factory which will inform the next version of the robot slated for launch next year and likely to be sold to rival companies. What Happened: Musk said on Wednesday that the company will make a few thousand Optimus robots this year which will do chores at the Tesla factory by the end of the year which employees do not lik Analyst Report: Ameriprise Financial, Inc. Ameriprise Financial is a major player in the US market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020. Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings Investors are combing the first batch of Big Tech earnings as they wait for Apple to report. UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit (Reuters) -United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%. UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. "Amazon is our largest customer, but it's not our most profitable customer," said UPS CEO Carol Tome, adding that the business is "extraordinarily dilutive" to margins. Palantir Back In Black In 2025 With Earnings Due. Is Palantir Stock A Buy Amid High Valuation? PLTR stock jumped 340% in 2024 with much of the gain coming after Trump's election win amid views government AI automation will rise. What We Learned About the Future of AI from Microsoft and Meta Earnings Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned. Analyst Report: PG&E Corporation PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.
