News
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Apple shares fall premarket after report on policies under China’s antitrust probe
Apple Inc's (NASDAQ:AAPL) policies and the fees it charges app developers are under review by China's antitrust watchdog, a move that could potentially become another issue in the ongoing trade war with the United States, Bloomberg reported on Wednesday.Investing.com
Wed, Feb 5
Uber tops revenue estimates on strong holiday season ride-hailing, delivery demand
Uber Technologies UBER.N surpassed market expectations for fourth-quarter revenue on Wednesday, as more people used the ride-hailing platform for office commutes and its delivery business benefited from strong holiday-season demand.Reuters
Wed, Feb 5
Wegovy sales double to boost Novo Nordisk's fourth quarter as growth set to slow
Shares up 5.3% at 1027 GMTQ4 sales, EBIT beatWegovy sales more than double in fourth quarterInvestors, analysts say results "good enough"Novo loses edge to Lilly on weekly Wegovy prescriptions in U.S. 2025 sales outlook slower than last yearAdds detail on share performace in paragraphs 5-6, ...Reuters
Wed, Feb 5
BUZZ-COMMENT-Gold is the new king of currencies
Feb 5 (Reuters) - Gold has surged to a record high this month and for the time being is the new king of currencies. While it is unlikely gold can usurp the dollar altogether, it has certainly far outperformed the greenback since the shock investors received when they piled into the greenback in...
Reuters
Wed, Feb 5
China calls for cooperation with EU amid 'global challenges'
China is willing to work with the European Union to boost cooperation and respond to "global challenges," its foreign ministry said on Wednesday, as the bloc faced potential U.S. tariffs on its shipments to the world's largest economy.Reuters
Wed, Feb 5
AMD Reports Record Q4 Revenue, Shares Plunge 9% on Data Center Miss
AMD, a global semiconductor giant, saw its stock price fluctuate dramatically after releasing its Q4 2024 earnings report, despite surpassing consensus estimates on both the top and bottom lines. The primary concern was the underperformance of its highly anticipated data center business.TradingKey
Wed, Feb 5
Forex Today: US Dollar retreats, Gold renews record-high as markets await US data
Here is what you need to know on Wednesday, February 5: After weakening against its major rivals on improving risk mood and disappointing US data on Tuesday, the US Dollar (USD) struggles to hold its ground early Wednesday. Later in the session, the US economic calendar will feature ADP...Fxstreet
Wed, Feb 5
Alphabet Drops 7% Due to Two Shocks in Q4 Financial Results
Google (GOOG.US) released its fourth-quarter earnings report for the period ending December 31, 2024. Shares of the Google parent company plummeted 7% in after-hours trading, likely due to investor dissatisfaction with slowing cloud growth and surging AI-related expenditures.TradingKey
Wed, Feb 5
Gallagher: Social inflation is reaching inflection point and AI should be seen as silent peril
By Mia MacGregorFeb 4 - (The Insurer) - Gallagher has highlighted five key trends to watch in the commercial insurance landscape for early 2025: rising social inflation, AI adoption challenges, ongoing supply chain disruptions, shifts in catastrophe losses and the impact of global elections.AccordinReuters
Wed, Feb 5
