News
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Tesla Q2 Earnings: Investors Sell Off as Stock Drops 9% — But Wall Street Sees a Buying Opportunity?
TradingKey - After Tesla released its Q2 2025 earnings, a clear divide emerged between investors and Wall Street analysts. Following CEO Elon Musk’s confirmation of negative impacts from Trump’s tariffs and his warning of “difficult quarters ahead,” Tesla’s stock plunged nearly 9% in early trading
TradingKey
Thu, Jul 24
Inflation Target Achieved, Rate Hikes Back on the Table? ECB Pauses Rate Cuts in July, Unfazed by Euro Strength
TradingKey - After eight consecutive rate cuts, the European Central Bank (ECB) has hit the pause button on its easing cycle — marking a potential turning point, as inflation reaches target and the eurozone economy shows resilience, despite ongoing U.S.-EU trade tensions.
TradingKey
Thu, Jul 24
REFILE-Intel beats shareholder lawsuit over $32 billion stock plunge
By Jonathan Stempel July 24 (Reuters) - A federal judge dismissed a lawsuit accusing Intel INTC.O of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value.While saying she "un...Reuters
Thu, Jul 24
DOGE to $1? Maybe — But This New Coin Has the Stronger Risk/Reward Setup
As digital currencies continue to evolve amid a vibrant bull market, the longstanding fascination with Dogecoin’s potential to reach significant milestones keeps investors and crypto enthusiasts on their toes.Cryptopolitan
Thu, Jul 24
US new home sales below expectations in June; housing supply rises
WASHINGTON, July 24 (Reuters) - Sales of new U.S. single-family homes increased less than expected in June amid higher mortgage rates, pushing inventory to levels last seen in late 2007, which could keep homebuilding subdued. New home sale units rose 0.6% to a seasonally adjusted annualized rate of...Reuters
Thu, Jul 24
Video-sharing app Vine is returning 'in AI form', Musk says
July 24 (Reuters) - Elon Musk's social media company X is bringing back popular video-sharing platform Vine in "AI form", the billionaire tech-entrepreneur said on Thursday, almost nine years after the app was discontinued.Musk made the announcement in a post on X, formerly Twitter, but ...Reuters
Thu, Jul 24
Canada's retail sales shrink as tariffs bite, June expected to improve
Retail sales shrank by 1.1% in May, led by automobiles, foodSales excluding autos in May were down 0.2%, StatsCan addsEarly estimate shows retail sales likely grew 1.6% in JuneBy Promit MukherjeeOTTAWA, July 24 (Reuters) - Canada's retail sales shrank by 1.1% in May as consumers curtailed car pu...Reuters
Thu, Jul 24
American Airlines forecasts wide range due to economic uncertainty
Soft domestic travel demand impacts American's bookings, shares fall over 9%American's Q3 loss forecast exceeds analysts' expectationsAmerican's domestic unit revenue expected to remain lower year-over-year in Q3American's outlook contrasts with Delta, United, and Alaska Air'...Reuters
Thu, Jul 24
Nvidia AI chips worth $1 billion entered China despite US curbs, FT reports
July 24 (Reuters) - Nvidia's NVDA.O advanced artificial intelligence chips worth at least $1 billion were smuggled to China in the three months after Washington tightened chip export controls, the Financial Times reported on Thursday.The AI chip designer's high-end B200 processors, banned fo...
Reuters
Thu, Jul 24
U.S. Auto Giants Flag Competitive Concerns After Japan Tariff Deal
TradingKey - The United States' Big Three automakers have expressed concerns over the recent U.S.-Japan tariff agreement, fearing that the American auto industry might bear higher costs for steel, aluminum, and parts compared to its competitors, placing them at a disadvantage in the domestic market.
TradingKey
Thu, Jul 24
Alphabet Capex Expands to $85 Billion, Raising Concerns; Citi Reaffirms 'Buy'
TradingKey - On Wednesday, Alphabet, Google's parent company, reported its Q2 earnings, surpassing expectations for both revenue and profits. However, the company announced that its capital expenditures for 2025 will increase from the previously forecasted $75 billion to $85 billion. After the annou
TradingKey
Thu, Jul 24
US-South Korea trade talks postponed over Bessent schedule as tariff deadline looms
South Korea finance chief was set to board for Washington when news of delay brokePressure piling on Seoul after Japan clinches trade dealRange of sectors, investment projects considered under potential deal remain unclearSouth Korea to propose investment package of at least $100 billion -YonhapBy J...Reuters
Thu, Jul 24
GLOBAL MARKETS-Trade deal hopes lift Europe ahead of ECB meeting
MSCI world stocks index up for seventh sessionDollar, oil prices and bond yields all tick higherECB expected to pause rate cutting cycleTurkey set to restart rate cutsBy Marc Jones LONDON, July 24 (Reuters) - Trade deal optimism lifted world stocks to fresh record highs on Thursday, ahead a raft ...Reuters
Thu, Jul 24
Hyundai Motor warns of bigger hit from US tariffs after Q2 profit fall
Hyundai operating profit down 16% in Q2Hyundai takes hit of $606 million from tariffs in Q2Warns of higher tariff costs in Q3By Hyunjoo Jin, Heekyong Yang and Joyce Lee SEOUL, July 24 (Reuters) - Hyundai Motor 005380.KS posted a decline in second-quarter operating profit on Thursday as U.S. tarif...Reuters
Thu, Jul 24
SK Hynix Q2 Results Smash Records: HBM Chip Frenzy Fuels Historic Profit Surge
TradingKey - On Thursday, SK Hynix released its Q2 2025 earnings report, with the South Korean memory chip giant once again solidifying its global leadership in the semiconductor industry through record-breaking revenue and profits.TradingKey
Thu, Jul 24
IBM Q2 Earnings Beat Estimates, but Software Weakness Drags Shares Down
TradingKey - IBM (IBM) released its Q2 earnings report on Wednesday. Despite exceeding Wall Street expectations on both revenue and profit, its software segment underperformed, causing shares to fall 5% in after-hours trading.
TradingKey
Thu, Jul 24
Lithium Stocks Surge as Supply Disruptions Draw Market Attention
Shares of lithium companies surged in Hong Kong trading, with Tianqi Lithium jumping 17% and Ganfeng Lithium climbing 12%, as investors reacted to fresh concerns over supply disruptions.The rally followed news that the Yichun Natural Resources Bureau has requested eight lithium mica mines to submitTiger News
Thu, Jul 24
Bright spots emerge in corporate earnings as tariff uncertainty lingers
Alphabet, SK Hynix, Infosys offer upbeat guidanceRosy forecasts come against backdrop of tariff uncertaintyGovernments scramble for tariff deals ahead of August 1 deadline July 24 (Reuters) - Some of the world's top tech firms, including U.S. search giant Alphabet, South Korean chipmaker SK H...Reuters
Thu, Jul 24
