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Showing posts with the label Finance

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions. from Finance https://ift.tt/M41gyI2 via IFTTT

Klarna doubles losses in first quarter as IPO remains on hold

Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago. from Finance https://ift.tt/bgpKMWI via IFTTT

Stocks making the biggest premarket moves: Walmart, Netflix, Tesla, Reddit and more

These are the stocks posting the largest moves in the premarket. from Finance https://ift.tt/GQ2yhfp via IFTTT

UK clamps down on 'wild west' of buy now, pay later sector with new rules

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules. from Finance https://ift.tt/74nIBEq via IFTTT

China's April retail sales growth of 5.1% misses expectations as consumption remains a worry

Industrial output grew 6.1% in April, stronger than analysts' expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced. from Finance https://ift.tt/eu05C7g via IFTTT

Scott Bessent calls Moody's a 'lagging indicator' after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart's CEO, who agreed to absorb some of the costs of Trump's tariffs. from Finance https://ift.tt/VsHiWtL via IFTTT

Pilotless planes are taking flight in China. Bank of America says it's time to buy

While startups around the world have tried to build vehicles that can fly without a pilot, only one is certified to carry people — in China. from Finance https://ift.tt/XgPNFjL via IFTTT

Long-term care costs can be a 'huge problem,' experts say. Here's why

Long-term care can cost well over $100,000 but households aren't prepared, experts say. from Finance https://ift.tt/L6rfBmV via IFTTT

Insiders at UnitedHealth are scooping up tarnished shares

Kristen Gil, a director at the firm, bought 3,700 shares worth roughly $1 million on Thursday. from Finance https://ift.tt/Bbevi6x via IFTTT

Stocks making the biggest moves premarket: Charter Communications, Doximity, Novo Nordisk and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/julNJqF via IFTTT

Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending — and the growing benefits of artificial intelligence in advertising. from Finance https://ift.tt/kfM2u4O via IFTTT

Walmart's former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its 'doom and gloom' commentary

Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs. from Finance https://ift.tt/kh1Etrc via IFTTT

Stocks making the biggest moves after hours: Applied Materials, Take-Two Interactive, Cava and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/JXuvCUn via IFTTT

Key AI hub China restricts schoolchildren's use of the tech

China is restricting how much children can use generative artificial intelligence in schools, according to a local release citing the Ministry of Education. from Finance https://ift.tt/7S3ABrs via IFTTT

Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession

Cohen's comments came after the U.S. and China suspended reciprocal tariffs pending a 90-day negotiating period, which sparked a sharp rally in stocks. from Finance https://ift.tt/zdqHyeu via IFTTT

Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old

"I didn't really start getting old … until I was about 90," Buffett said. "But when you start getting old, it does become — it's irreversible." from Finance https://ift.tt/wHCs5yJ via IFTTT

New York AG sues Capital One after Trump-led CFPB drops similar case

New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit. from Finance https://ift.tt/hMSw6Jc via IFTTT

Stocks making the biggest moves midday: Oklo, eToro, Super Micro Computer, Nvidia, JD.com and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/ZRYWIsx via IFTTT

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range

EToro raised almost $310 million in its IPO late Tuesday, selling shares above its expected range. from Finance https://ift.tt/8hS90Ym via IFTTT

Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more

These are some of the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/ljNZzrF via IFTTT