Latest News View More Fed's Jefferson: Rates likely to fall over medium term The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank's message that policymakers needn't rush their next rate cut. In that situation, "over the medium term, I continue to see a gradual reduction in the level of monetary policy restraint placed on the economy as we move toward a more neutral stance as the most likely outcome," Jefferson said. The outlook for this year is good, he said, but "we face additional uncertainties about the exact shape of government policies, as well as their economic implications." Reuters • 2 minutes ago Asian Stocks Track US Higher, China Set to Reopen: Markets Wrap US Treasury Brings In Two Members From Musk’s DOGE Team Oil Holds Drop as Trade War Concerns Vie With Pressure on Iran South Korean tech services firm LG CNS drops in market debut Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports The AI dream is alive and well for Palantir Stock Market News View More China markets return from holiday facing trade war and AI rally China's markets return from a week's break on Wednesday to a fresh trade dispute with the United States and ructions in the global artificial intelligence sector. Investors said they are watching for what Beijing would do to bolster confidence. Tariffs so far have been less than what the Trump administration had initially indicated and relief was evident in Hong Kong, where Chinese stocks rallied this week. Reuters • 1 hour ago Chipotle Q4 earnings largely meet Wall Street estimates, shares drop on conservative guidance Higher egg prices and more tariffs: What betting markets see for inflation and trade policy Kimball Electronics (NASDAQ:KE) Misses Q4 Sales Targets Electronic Arts (NASDAQ:EA) Misses Q4 Sales Targets Columbia Sportswear (NASDAQ:COLM) Beats Q4 Sales Targets But Stock Drops Enphase (NASDAQ:ENPH) Beats Q4 Sales Targets, Stock Soars Earnings View More Carlisle (NYSE:CSL) Reports Sales Below Analyst Estimates In Q4 Earnings Building envelope solutions provider Carlisle Companies (NYSE:CSL) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $1.12 billion. Its non-GAAP profit of $4.47 per share was 1.1% above analysts’ consensus estimates. StockStory • 2 hours ago CSL Morning Bid: Tariffs, earnings eyed as China reopens Veralto’s (NYSE:VLTO) Q4 Earnings Results: Revenue In Line With Expectations IDEX (NYSE:IEX) Reports Sales Below Analyst Estimates In Q4 Earnings AMD posts Q4 earnings beat, strong Q1 forecast Alphabet’s (NASDAQ:GOOGL) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops Alphabet stock tumbles after cloud revenue miss, spending growth Why Palantir could be the 'next Oracle or Salesforce' Palantir Technologies (PLTR) recently reported impressive fourth quarter earnings that exceeded expectations. Wedbush Securities managing director and global head of technology research, Dan Ives, joins Market Domination to discuss the future of the company. Ives argues that Palantir is ahead of its competitors in artificial intelligence (AI) and has strong growth potential, despite criticism from skeptics. He points out that the company's pipeline is significantly underestimated by the market. "The reality is, when you do the due diligence and you understand what they're doing, I believe this could be the next Oracle (ORCL) or Salesforce (CRM)," Ives says. He also sees AI software playing a major role in the coming years, with Palantir leading the charge. The key risk is execution, but if Palantir continues to deliver, its long-term growth prospects could be significant. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch 03:25 AMD, Alphabet fall after Q4 results: Biggest earnings takeaways 03:40 Tariffs to be 'unsettling force' for the market: Sectors to avoid 10:15 A trade war with the US is 'a loser's game,' Wilbur Ross explains 03:24 Why AMD is 'the best alternative' to Nvidia From the Yahoo Finance Newsroom View More Newman: It’s an unusually bad time for Trump’s tariffs Lawmakers plan to move first on stablecoins as they push new crypto legislation following Trump win Stock market today: Dow, S&P 500, Nasdaq recover as traders assess tariff developments, new jobs data RFK Jr. 'tempered' his stance on vaccines in private discussions, Pfizer CEO says And now Robinhood won't let you bet on the Super Bowl Elon Musk to make his case about DOGE before a JPMorgan audience that includes Jamie Dimon Fox plans to roll out its own streaming service by end of year Nvidia sell-off hasn't rocked this bull looking for a nearly 60% pop in the AI darling Premium News View More Alphabet Fourth-Quarter Revenue Misses View; Shares Decline After Hours Equity Markets Post Gains; Tariffs in Focus as China Retaliates December Job Openings Slide More Than Expected Oil Prices Drop as China Retaliates Against US Tariffs Equities Rise Intraday; Tariffs in Focus as China Retaliates Estee Lauder Earnings Outlook Misses Views Amid Asia Pacific Demand Challenges Trump’s crackdown on trade loophole to hit Shein and Temu — and help Amazon Spotify Outlines Strong Quarterly Revenue View After Reporting First Profitable Year Housing View More Trump's threatened tariffs on Mexico and Canada could inflate home prices — even if he never imposes them I’m a Real Estate Agent: 6 Cities That Will Become Less Affordable Under Trump Balbec Raises $1.7 Billion in Latest Fund for Mortgage Debt State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market Global hedge funds dump everything but real estate stocks, says Goldman Sachs Manhattan just saw a huge drop in housing inventory. That means it might be a smart time to buy With home prices and mortgage rates high, many families find the American dream out of reach Move over, Austin: Denver rents are falling at one of the fastest rates in the country Personal Finance Are you guilty of ‘spaving’? How to avoid this financial trap. Yahoo Personal Finance • 1 hour ago What is withholding tax? Yahoo Finance launches new 'Ask a Realtor' column Tech Snap’s Sales Top Estimates on Strength of Ads, Subscriptions Bloomberg • 1 hour ago SNAP Musk v Altman judge says it is a 'stretch' for Musk to claim irreparable harm in case of 'billionaires versus billionaires' AMD Tumbles After Giving Disappointing Outlook for AI Growth Crypto Bitcoin Extends Losses to Below $97K Following David Sacks Press Conference CoinDesk • 2 hours ago Exclusive: ‘Blockchain Gandalf’ on crypto, the metaverse and saving the world SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force More News Another Thing Musk Hates About Germany: Absentee Workers at His Tesla Plant Before endorsing the far right, he faced escalating disputes over conditions at the carmaker’s Berlin factory. Metals Markets Slide as Trump’s Tariffs Add to Volatility, Threaten Global Growth Metal prices were pressured lower after U.S. President Trump imposed tariffs on Canada, Mexico and China, with strengthened U.S. dollar compounding the hit to metals. Elon Musk creates confusion about IRS' Direct File — but the free tax program is still available Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a government agency that worked on technology projects such as the IRS’ Direct File program. This led to some confusion about whether Direct File is still available to taxpayers, but the free filing program is still available, at least for the coming tax season. While Musk’s tweet may have intimated that the group of workers had been eliminated, an individual with knowledge of the IRS workforce said the Direct File program was still accepting tax returns. Exclusive-US gold magnet: banks fly bullion from Asia-focused hubs to benefit from premium Global bullion banks are flying gold into the United States from trading hubs catering to Asian consumers, including Dubai and Hong Kong, to capitalize on the unusually high premium that U.S. gold futures are enjoying over spot prices. Traditionally, bullion banks transport gold eastward from the West to meet demand from China and India, the world's two largest consumers, accounting for almost half of global consumption. But alarm about U.S. import tariffs planned by President Donald Trump has driven Comex futures prices substantially above spot prices in recent months, creating a lucrative arbitrage opportunity. KKR sweetens offer for Fuji Soft as bidding war with Bain goes another round TOKYO (Reuters) -U.S. private equity firm KKR has sweetened its offer for Japan's Fuji Soft by 4%, the latest salvo in its protracted and messy bidding war with Bain Capital for the $4 billion IT firm. KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December. Even after Fuji Soft's board rejected its bid, Bain perservered - a rare step in Japan - citing "strong concerns and distrust" over Fuji Soft's response and arguing the rejection harmed the interests of minority shareholders. Analyst Report: Equity Residential Equity Residential owns a portfolio of 299 apartment communities with around 80,000 units and is developing three additional properties with 977 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston. Palantir Earnings Due. BoA Raises Price Target Amid Bullish View. Is Palantir Stock A Buy? Fourth quarter earnings for PLTR stock are due Feb. 3. Wall Street analysts are focused on 2025 guidance and momentum for its "Artificial Intelligence Platform." Top analyst reworks Palantir stock price target ahead of Q4 earnings Palantir shares have added around $150 billion in market value over the past year. US metal buyers likely to turn to Mideast, Chile as tariffs bite MELBOURNE (Reuters) -U.S. companies will look to the Middle East and India for more aluminium and to Chile and Peru for copper as they seek to circumvent sweeping tariffs imposed by U.S. President Donald Trump, according to industry sources. Trump's orders for additional levies of 25% on imports from Mexico and most goods from Canada, as well as 10% on goods from China, have been light on detail. U.S. users depend on aluminium producers in Canada such as Alcoa and Rio Tinto for more than half of their imported needs and will look for alternative supply, analysts said. Cboe plans to extend equities trading to 24 hours amid global demand The plan seeks to enable trading, which will only break on the weekends, on its Cboe EDGX Equities Exchange (EDGX). The move comes amid increasing demand for extended hours trading from retail investors, which is driving some brokers and exchanges to expand their offerings. The New York Stock Exchange, a division of the Intercontinental Exchange, said last year that it would file for permission to extend its trading hours to 22 hours each business day.
