News
Important Only
NZD/USD gains traction above 0.5650 ahead of US NFP release
NZD/USD trades in positive territory around 0.5680 in Friday’s Asian session. The employment report keeps the RBNZ on track to cut by 50 bps in February. Fed officials said uncertainty creates the environment for the Fed to slow the pace of cuts.
Fxstreet
Fri, Feb 7
Amazon EPS Jumps 86%, Beats Forecasts
Amazon (NASDAQ:AMZN), the global e-commerce giant, has announced its results for the fourth quarter of 2024 on February 6, 2025. The earnings reveal standout financial achievements, with revenue rising to $187.8 billion, exceeding the $187.3 billion expectation.The Motley Fool
Fri, Feb 7
Affirm shares surge after surprise profit, upbeat outlook
Investing.com -- Affirm Holdings Inc (NASDAQ:AFRM) reported stronger-than-expected second-quarter results driven by robust consumer demand for its buy now, pay later services. Shares of Affirm rose 11% at $68.5 in after-hours trading.Investing.com
Fri, Feb 7
XRP Threatens Death Cross On 4-Hour Chart, Is Another Crash Coming?
XRP’s price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses. Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it.Why Salesforce Stock Is Sinking Today
Shares of Salesforce (NYSE: CRM) were trading lower on Thursday. The company's stock lost 4.5% as of 3:30 p.m. ET but was down as much as 5.4% earlier in the day. The move down comes as the S&P 500 gained 0.1% and the Nasdaq composite gained 0.2% on the day.The Motley Fool
Fri, Feb 7
Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs
Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.Investing.com
Fri, Feb 7
Fed's Logan: rate-setting should take account of broad financial conditions
Feb 6 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan said on Thursday it is important to take into account broad financial conditions, including longer-term borrowing costs the Fed does not control, when setting monetary policy.Reuters
Fri, Feb 7
Dogecoin Adoption Grows As Canadian Blockchain Firm Buys 1 Million Tokens
The cryptocurrency world is abuzz with Neptune Digital Assets Corp.’s recent acquisition of a substantial chunk of Dogecoin. The publicly-traded Canadian corporation has acquired a cool 1,000,000 DOGE units, apparently unconcerned by the erratic character of the meme-coin market.
Pinterest Q4 revenue beats expectations as user growth jumps
Investing.com - Pinterest reported Thursday fourth-quarter mixed results as earnings missed, but revenue topped Wall Street estimates, marking its first billion-dollar revenue quarter and showcasing strong user growth.Investing.com
Fri, Feb 7
China tariffs could drive US crude exports lower in 2025
HOUSTON, Feb 6 (Reuters) - An emerging trade war between the United States and China could drive U.S. crude exports lower in 2025 for the first time since the pandemic by reducing access to the Chinese market, according to analysts.Reuters
Fri, Feb 7
Oil settles down after Trump repeats pledge to boost US supply
Trump repeats pledge to raise US production, lower oil pricesUS crude stocks expected to rise again this week - MacquarieUS Treasury imposes sanctions targeting Iranian oil to ChinaSaudi Aramco raised March crude prices for Asian buyersUpdates with settlement levelsBy Shariq Khan Feb 6 (Reuters) ...Reuters
Thu, Feb 6
Lilly reassures investors that weight-loss drug demand is strong, shares rise
Shares rise nearly 5% after upbeat forecast Drugmaker suggests demand for Zepbound and Mounjaro remains strong Lilly forecast earnings of $22.50 to $24.00 per share on an adjusted basis this yearAdds graphic, rewrites paragraphs 1,2 and 3 with conference call details and adds investor comment in par...Reuters
Thu, Feb 6
Philip Morris International beats earnings estimates on strong ZYN demand
Feb 6 (Reuters) - Cigarette maker Philip Morris International PM.N posted better-than-expected fourth quarter results, driven by strong demand for its smoking alternatives such as ZYN nicotine pouches, sending its shares up nearly 8% on Thursday.
Reuters
Thu, Feb 6
